thePrivateMarket.com

Remodel Time-line and Tips
Estimating repairs, staying on budget and working with contractors is perhaps the most mysterious and difficult aspect of the business of flipping houses.  As any good investor will tell you, you make your money when you buy.  But all too many investors LOSE all the profit in the remodeling or rehabbing process.  [...]

Bank Loans, Private Hard Money, IRA Funds, Syndication
UPDATE December 2009:  The 11th Way to Fund Real Estate Deals is Transactional Funding.  As title companies change double-closing flip rules, many investors are using what is called “Flash Cash” or “Transactional Funding Loans” to flip Short Sales, REO’s and wholesale properties.  Check out the real estate flipping [...]

SOLD
2740 Clay Street, 3 Bedrooms, 2 baths, Carport.  Master suite upstairs, large kitchen, minutes to downtown on hill in Jefferson Park neighborhood, Denver, CO  80211.  ARV $225K, FIX ~$25K, ASK $140K

Keep Updated Personal Financial Statements
The best preparation for meeting with a lender – especially a private or hard money lender – is to have your “docs in a row.” When I work with a new client that does not have a current personal financial statement, our first step is to get their complete financial picture [...]

Dealer Margin, Fix and Flip Profit, and Income Valuation
One of the first lessons I teach new investors or distressed niche agents in our mastermind group lessons are the different financial models for purchasing investment property.  There are several types of real estate investors, and they use different criteria to estimate profits depending on the value [...]

Scouts – Dealers – Rehabbers – Landlords
I have a few key methods of qualifying real estate investors to determine whether or not I want to work with them.  This has little to do with the amount of experience they have, and less to do with the amount of money they have then you may think.  [...]

Capitalize on an Underserved $300 Billion Market

As the nation continues to take its proverbial medicine for the spoils of Wall Street’s residential real estate backed securities fiasco, Realtors are suffering massive drops in transactions and income. If you are working the traditional residential market, you’re likely facing pretty grim volume now, and for the near [...]

As the “apartment guy” in our real estate office,  I field a lot of questions about income properties from residential agents.  The most common question is “how do I value this building?”  The agents are all very accomplished at running values using comparable sales for single family houses, and even duplexes.  But when the valuation [...]

In the current financial environment, residential real estate investing continues to be a viable business, but the business has changed dramatically.  There are more challenges and deals require different credentials and strategies compared to recent years of loose lending standards and appreciating prices.  Private investment placement managers and established cash buyers are squeezing out the [...]

One of the ways that I evaluate the level of sophistication of fellow real estate investors, and potential clients, is the answer to this question:  “What is your acquisition criteria?”   More often than not, the answer is “I just want a good deal,”  which is usually a sign of a novice investor.  Experienced investors know [...]