Category: Real Estate Realities Podcast

Is it time to re-think your house flipping strategy?

house flippingSome interesting data was released the other day. It looks like house flipping is happening less and making less money. So today, lets take a look at the latest data on house flipping and see if we can’t come up with smart ways to react to that new information. We are also going to take a little time to talk about the types of property flipping and which strategies are most risky given the latest data!

Todays Links:

  • https://www.housingwire.com/articles/41319-returns-from-home-flipping-drop-for-third-consecutive-quarter

HELP THE SHOW GROW by filling out the audience demographic survey by clicking the button at the top of the page titled “Take the survey to support the show“. Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card!

Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word ‘rebelbroker’ to 44222 – or click the button below. When prompted, text your email address and you are in!

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Audible.com – Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening!

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Should Detroit be on your list of possible areas to invest? Ask Al Beahn

Al BeahnWe have talked quite a bit about Detroit over the last few years. Mostly, not in a good way – at least not when it comes to new investors that don’t know the ground truth of Detroit. Todays guest is going to help with that! Al Beahn has built his real estate investing career in Detroit and provides that ground truth that is so important to success.

Some of the greatest opportunities can be found in areas that are getting less than great media coverage. So today we will get the inside scoop on Detroit and what it has to offer!

Todays Links:

  • https://www.pioneerhomesus.com/

HELP THE SHOW GROW by filling out the audience demographic survey by clicking the button at the top of the page titled “Take the survey to support the show“. Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card!

Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word ‘rebelbroker’ to 44222 – or click the button below. When prompted, text your email address and you are in!

JOIN THE REBEL UNDERGROUND!


SPONSOR

Audible.com – Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening!

SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE BOOK AND 30 DAY TRIAL!

I may have just found the perfect lot to build!

real estateThat’s right! For those of you that have been listening for a while, you know that my original plan was to build a new home specifically to beat the rising cost of buying existing or new homes and make it a great long term real estate investment. I had some very specific criteria and over the last couple of years, I have found exactly two lots that fit the bill. The first one sold within 48 hours of being listed (unheard of for lots) and the second has been on the market here for a couple of weeks. I looked at it today and it has me seriously circling around back to my Plan A!

We will also talk about updates relating to 1% down loans, interest rates, refinancing and how much home prices have gone up over the last year!

Todays Links:

  • https://www.housingwire.com/articles/41225-corelogic-home-prices-jump-67-annually-in-july
  • https://www.housingwire.com/articles/41233-mba-refinance-applications-now-make-up-half-of-all-mortgage-applications
  • https://www.housingwire.com/articles/41245-freddie-mac-mortgage-rates-hit-another-new-low
  • https://www.housingwire.com/articles/41235-uwm-1-down-mortgages-are-still-alive-and-well
  • http://austin.culturemap.com/news/real-estate/09-06-17-wallethub-best-worst-real-estate-markets/

 

HELP THE SHOW GROW by filling out the audience demographic survey by clicking the button at the top of the page titled “Take the survey to support the show“. Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card!

Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word ‘rebelbroker’ to 44222 – or click the button below. When prompted, text your email address and you are in!

JOIN THE REBEL UNDERGROUND!


SPONSOR

Audible.com – Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening!

SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE BOOK AND 30 DAY TRIAL!

Don’t forget to include the perfect offer letter in your next deal!

perfect offer letterThis is one of those items that so few real estate agents do. I make sure that for every offer I submit, it includes the perfect offer letter. Even if you write a less than impressive offer letter, you are going to be better off than the 99% of agents who never bother to send one along with their offer. I do miss the days when we submitted our offers in person. It gave you a chance to make a deeper connection with the sellers. Today, everyone just wants that PDF or DocuSign document. All that is great, but homes are not bought and sold by numbers alone! You might be stunned to discover how frequently deals are accepted or rejected based entirely on emotion. No matter what your situation is, you should include a cover letter with EVERY offer you make – even you investors!

Today, we will review 3 offer letters that are considered pretty good. Well, that might be ok for all the typical folks out there – but not for The RebelBroker! We are going to cover all three and point out where they can be improved. When we are done, you will have a whole new set of skills you can let lose on your next offer!

Todays Links:

  • https://www.housingwire.com/articles/41241-hey-home-shoppers-here-are-sample-cover-letters-to-win-a-bidding-war

HELP THE SHOW GROW by filling out the audience demographic survey by clicking the button at the top of the page titled “Take the survey to support the show“. Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card!

Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word ‘rebelbroker’ to 44222 – or click the button below. When prompted, text your email address and you are in!

JOIN THE REBEL UNDERGROUND!


SPONSOR

Audible.com – Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening!

SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE BOOK AND 30 DAY TRIAL!

The good folks at WalletHub share their best real estate markets of 2017 report!

best real estate markets of 2017I love the folks over at WalletHub! We never miss a chance to review their findings and this report is no different. We have made use of their reports many times in the past to try to find the next great real estate market. Perhaps we will find one in the mix as we review todays report from Wallethub that covers the best real estate markets of 2017!

Make sure to check these numbers out and see if there are any promising areas near you!

Todays Links:

  • https://wallethub.com/edu/best-real-estate-markets/14889/

HELP THE SHOW GROW by filling out the audience demographic survey by clicking the button at the top of the page titled “Take the survey to support the show“. Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card!

Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word ‘rebelbroker’ to 44222 – or click the button below. When prompted, text your email address and you are in!

JOIN THE REBEL UNDERGROUND!


SPONSOR

Audible.com – Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening!

SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE BOOK AND 30 DAY TRIAL!


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