real estate investor

How to Fix and Flip a House

Thumbnail image for How to Fix and Flip a House

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 [...]

Share
Read the full article →

10 Ways to Fund Real Estate Deals

Thumbnail image for 10 Ways to Fund Real Estate Deals

Bank Loans, Private Hard Money, IRA Funds, Syndication Following are 10 most common ways to finance investment property for either a fix and flip project or long -term rental.  They are listed in rough order of complexity and experience necessary. Mortgage Bank Loan Local Bank Loan Hard Money Loan IRA or 401K Funds IRA Funds [...]

Share
Read the full article →

Prepare for Lender Meetings Like a Pro

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 [...]

Share
Read the full article →

Investment Property Purchase Formulas

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 [...]

Share
Read the full article →

Qualifying Real Estate Investors

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 [...]

Share
Read the full article →

Why Realtors Should Work with Investors

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 [...]

Share
Read the full article →

2 Minute Cap Rate Valuation

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 [...]

Share
Read the full article →

Adapting to New Investment Models

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 [...]

Share
Read the full article →

Using an “Acquisition Criteria” to Qualify Investors

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 [...]

Share
Read the full article →

Jefferson Park Fix and Flip Project

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

Share
Read the full article →