Archive
Peter Fortunato is arguably one of the most creative real estate deal structurers on the face of the planet. The way he crafts deals is nothing short of mind blowing. If he knows some key information, he can take a single house and give you at least 10 ways to construct a lucrative deal for both the buyer and seller. Every time I get to hang out with Pete, he opens my mind to new...
I was talking to an investor recently about a property tax lien sale. These take place when counties auction off the tax liens that have accumulated due to unpaid property taxes. It’s a good way for local government to recoup some of their lost funds. For investors, it’s a great opportunity. If you know what you’re doing at the tax sale, you’ll get either a guaranteed 18 percent return on...
How to get started in real estate investing? So what’s the best way to break into real estate investing? You may think you should start by getting approved for a loan. Maybe you think you should meet with contractors, realtors or even lawyers first. Perhaps you should buy one of those seminar packages who come with a mentor that will tell you exactly what to do next. Here is a...
Using A “Handyman Special” Option Have you ever experienced buyer’s remorse after purchasing a property that needed too much work? If you haven’t, count yourself blessed. One time we bought a home that needed a ton of work. When we started pursuing the deal, I lived 15 minutes away; I was full of vigor and ready to knock out so major rehab. A year later, when we finally made it...
Attorneys are people too: There’s a movie I really like called “The 13th Warrior.” It’s based on the epic of Beowulf with a few twists. There’s an extra character, played by Antonio Banderas, who ends up being the epics author. Another twist happens with Grendle. In the epic, Grendle is a humanoid-ogre type beast who appears at night to fight and feast on the warriors sleeping in...