Hey Everyone! I know a lot of you are waiting for my next update to “The Marcy Street Case Study” – and I promise it will be out in just a couple days. The only reason I haven’t posted yet is because I wanted to include some more photos, but need to get back inside!
In the meantime, I wanted to share that I finally – a month after moving into my new house -have 100% finished my first room of the house (If you don’t know about my new house I bought for my wife and I with no money down, click here to read the post). Let me explain: when I moved in, the house was about 80% finished with the remodeling, but time constraints forced me to move in before it was done. If you’ve never lived in a construction zone before – don’t.
It’s not fun.
In fact, it’s the opposite of fun.
It’s stressful, irritating, and cumbersome.
So, to try to put some order to my otherwise unorganized life, I decided to Click to continue…
P.S. looking for hard money loans in California? Be sure to check out my friends over at northcoastfinancialinc.com. They have very competitive rates, can fund within a week and specialize in fix and flip loans and other hard money loans.
I want to start something new here at Real Estate In Your Twenties. I’m going to walk you through the exact process I am using to put together my newest deal. I don’t know how this deal is going to work, what I’m going to do with it, or how much I’ll make. However, I want to use this website as a means of teaching you exactly what I do. Hopefully this will be incredibly beneficial to everyone!
Before I go too far, I want to make a few disclaimers:
- All the numbers I use are true and accurate. However, I may hide some of the names and addresses, to protect my interest and future buyers.
- This is just one example of how to put together a deal. There are hundreds of possible ways to put together a real estate deal, so do not simply copy this strategy. Each deal warrants it’s own analysis and examination.
- I have no idea where this is going. Hang on.
Finding the Property
Last month an acquaintance of mine named Jason became an official real estate agent, as I discovered after running into him at a local Starbucks. We talked about real estate for several minutes and I let him know the types of properties I was looking for. I told him I was interested in: Click to continue…
P.S. looking for hard money loans in California? Be sure to check out my friends over at northcoastfinancialinc.com. They have very competitive rates, can fund within a week and specialize in fix and flip loans and other hard money loans.
(Originally Published Nov 29th 2012)
I’m moving!
No, not to a new physical location… but a new online place! But more on that in a second!
This post contains all the answers for the questions that were asked both in email and on my previous blog post, “What’s Your Biggest Real Estate Investing Question.” I received a ton of questions (thanks!) and I’ve spent the past week answering them. The results are below, all 7000+ words! However, before you read it: I want to share some really really exciting news: Click to continue…
P.S. looking for hard money loans in California? Be sure to check out my friends over at northcoastfinancialinc.com. They have very competitive rates, can fund within a week and specialize in fix and flip loans and other hard money loans.
Greetings!
The sun is shining (shocking for Western Washington this year), my new hardwood floors are almost completely refinished (for my future home), and I just finished a delicious homemade chipotle chicken sandwich made by my darling wife. Today is a good day.
It’s also a good day because today John Fedro is going to share part three of his lesson on mobile home investing below. Simply put, John is the go-to guy for mobile home investing in America and I am honored to have him write a post for RealEstateInYourTwenties.com and teach us about the four “Fs” of real estate investing. Without further hesitation, here’s John: Click to continue…
P.S. looking for hard money loans in California? Be sure to check out my friends over at northcoastfinancialinc.com. They have very competitive rates, can fund within a week and specialize in fix and flip loans and other hard money loans.
Perhaps I’m experiencing “writer’s block.”
I’m not sure, because I’m not actually a “writer.” I’m just a real estate entrepreneur who is looking to refine his skills, share his knowledge, and speak in third-person more often. So perhaps it’s writer’s block or perhaps it’s just the fact that my mind is 100% focused on my newest acquisition – a new home I am remodeling for my wife and I to move into (photos coming soon!)
Either way, writing has been tough over the past couple weeks. However, today I spent some time talking with a friend about how she should get into investing. She has watched me grow from a renter to an owner to a full-time investor and is eager to join the party. After this discussion, I realized the questions she asked me were the same questions you are probably asking yourself:
“How do I start?”
“What should I buy?”
“How can I make sure I don’t fail?”
Thus, the end of my writer’s block and the emergence of this post. Without further suspense, I want to share with you my opinion of the best type of property you should buy if you are just starting out and looking to find a better use for your time and money. The answer? Click to continue…
P.S. looking for hard money loans in California? Be sure to check out my friends over at northcoastfinancialinc.com. They have very competitive rates, can fund within a week and specialize in fix and flip loans and other hard money loans.
When pursuing my recent acquisition, I met with several lenders who were interested in funding my deal. To each lender I gave a “Investment Property Calculator” spreadsheet which included detailed information about the home. One of those lenders told me,
“Brandon, if more people put together an analysis like this – they would find themselves with more funding than they would know what to do with.”
This statement, besides being the inspiration for this post, was great confirmation that my obsessive nature of creating a high-quality Investment Property Calculator for my lenders was not a waste of time. Below, I’ll show you how you can get my exact property analysis to use on your own deal-making.
The Investment Property Calculator
Despite what the Guru’s say – attracting hard money is not “based on the property.” Hard money, while secured by the property being purchased, is not Click to continue…
P.S. looking for hard money loans in California? Be sure to check out my friends over at northcoastfinancialinc.com. They have very competitive rates, can fund within a week and specialize in fix and flip loans and other hard money loans.