We did a double closing buying a house to fixup and flip, at the same time buying a house for the seller to move to all on the same day. But it's ending up being a lot harder than I thought getting the seller out of her house so we can start the renovations. She simply won't move out after closing. She's told us numerous times she'll be out and now she won't answer the phone or return text messages. So today I'm fed up with how she's treating us and I'm just going to pop up on her to see what's going on. It's been about 45 days since I bought this house so I'm emotional and not thinking clearly. I had my team attempt to help her move but she didn't show up at the meeting time. She told my partner she thought it was another day. This is part 1 of a 2 part series where I'll show you the house we bought to renovate, and in part 2 you'll see the house we put the money up for the seller to move to. In part two you'll also meet the realtor that helped with finding our seller a new house as well. Learn from my mistakes and make sure you hold back more money at closing IF you leave a seller in the house after closing...
00:00- Intro 2:45 - How this deal looks and how double closings work 4:30 - Let's look at both HUD statements for each house 8:15 - Let's go to the house, the seller is here 9:40 - This kitchen needs a complete remodel 10:20 - The seller has a room FULL of stuff 11:40 - Living room 12:40 - Hall bathroom will need a remodel 14:00 - The Primary bathroom will need a remodel 15:08 - The seller's trying to move some of the stuff out the house
Where to Buy Real Estate in 2021! Where should you look for your next home? What area does Ken think is the place to look? Download Ken's 21 Keys to Real Estate Success: https://bit.ly/2Ngzfdu
• ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This channel is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income.
Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind.
Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’
Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel.
Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites.
All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate. Comments which are off-topic, offensive or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates.
It’s hard being a first time home buyer, especially if you don’t have any experience with real estate, property values, or market appreciation. You may be wondering how you’ll be able to buy a home that will help increase your net worth, or at least, not shrink it. Scott and Mindy are on today to tell you how to make the best first time home buying decision possible.
We’ll go through the most common myths that first time home buyers tend to get caught up in. Myths such as:
Buy as much home as you can Buy your “forever home” as your first time purchase Your home is an investment And more..
If you’re interested in gaining some appreciation with your first home purchase, Scott and Mindy also walk through the most common exit strategies and how you can prepare to use them. You’ll also hear some great advice on how to find a good deal in your area. And no, a good deal doesn’t just mean a deal that is lower than market average!
Want to know more about how to successfully buy your first home? Scott and Mindy’s new book First Time Home Buyer can be ordered now!
� Landlords are really dropping the ball on these metrics in their real estate investing business. In the book "Traction" there is a focus on tracking KPIs in your business. What are the KPIs for real estate and rental properties? Well, I am here to clear that up and show you what KPIs you should be tracking immediately and what it is so important to the health of your business.
❓ If you would like to have Matt answer your questions send us an email at helpme@derosagroup.com. If you come on Mentorship Monday you get 1 month FREE of Derosa Insiders.
� Grab Your Copy of "Raising Private Capital" Available now on Amazon https://amzn.to/2LkYEi7
As always, please email us any real estate questions to HelpMe@DeRosaGroup.com and we will answer them on an upcoming episode!
John Fedro's channel is a FREE mobile home investing crash-course for anyone looking to become a mobile home investing pro. Learn more secrets, tricks, and behind-the-scenes lessons while flipping, wholesaling, and cash-flowing mobile homes in parks. Also, on private land!
Is a dealer license needed in my state? http://bit.ly/37U0leI ____________________________________________________ �SUBSCRIBE TO MY CHANNEL (You know you want to.) �LIKE & COMMENT THIS VIDEO! ____________________________________________________ �VISIT OUR VIDEO & ARTICLE LIBRARY! Over the past 10+ years I've been documenting whats been working in my business & the 100s of mobile home investors helped nationwide. Learn FREE how other investors are making quick profits flipping/wholesaling or long term cash-flow with mobile homes in parks and on private land. �https://www.mobilehomeinvesting.net ____________________________________________________ �PARTNER WITH JOHN FEDRO 1-ON-1! Do you want access to John Fedro, mobile home investing step-by-step detailed instructions, lessons, recorded phone calls to buyers, sellers, and park manager? How about contracts, scripts, checklists, cheat-sheets, deal analysis software for mobile homes you find? Hard work is required!! Find out more if this is right fit for you at the link below. �https://www.mobilehomeinvesting.net/next-step/ _____________________________________________________ �����JOIN OUR FACEBOOK COMMUNITY (MEMBERS ONLY) �https://www.facebook.com/groups/mobilehomeinvestors _____________________________________________________ �FOLLOW ME ON INSTAGRAM @john_fedro �https://www.instagram.com/john_fedro ____________________________________________________ �PURCHASE A SHIRT FOR CHARITY �http://www.mobilehomeswag.com
Mobile home investors will often have questions about mobile home dealer licensing. When to become licensed? Is a mobile home dealer license needed in my state? Will I be able to invest safely in mobile homes without a license? How do I learn more about mobile home dealer licenses in my state?
There is a great deal of mobile home investing information that can be found online. Never hesitate to reach out with any comments or questions. Comment below or email John directly at support@mobilehomeinvesting.net
My friend Stephanie McAnuff just told me she was inside a hoarder mobile home and I thought it would be good to share with you what problems could come up even in mobile homes. join us now
Finding investors especially on your first deals can be difficult. But the beauty of real estate investing is if you follows these tips, you’ll be able to find investors who will help fund your dream project. DOWNLOAD NOTES: https://kenmcelroy.com/5-ways-to-attract-investors
Learn more about Ken McElroy, real estate investing and the economy at www.KenMcElroy.com.
⏰ Timestamps ⏰:
00:00 Introduction 01:11 #1 - Learn to network 03:00 #2 - Ask advice 04:36 #3 -Teach 05:51 #4 - Use real estate investing platforms 06:43 #5 - Referrals from current or former investors
Be sure to click the bell to be notified as soon as the next informational video is posted!
• ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This channel is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income.
Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind.
Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’
Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel.
Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites.
All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate. Comments which are off-topic, offensive or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates.
How to Find Real Estate Investors To Partner For Funding in ...connectedinvestors.com › blog › real-estate-investing-p... How to Find Real Estate Investors for Partnership Deals. When Should Property Investors Consider a Real Estate Investing Partner? Partnering has been used in ...
How to Find Real Estate Investor Partners in Your Area ...rentpost.com › resources › article › find-real-estate-inve... Here are a few ways to find a local club: Meetup.com (has groups of just about any interest/hobby you can think of) Search Google for a local Real Estate Investor Alliance (REIA) Just type in “real estate investment club” in Google.
Roi's List - Where Real Estate Investors Connectwww.roislist.net Real estate investor networking technology. Connect ... Find the people who are really interested in a deal. ... Find other investors in your area or other markets. About Us · FAQ · Blog
On this live webinar on Wednesday, March 10th at 2pmET, we'll help you confidently answer the biggest questions your buyers & sellers are asking right now.
AT LAST! A new house update... it feels like it's been a WHILE since I was showing y'all on my channel an overall house update... Be sure to follow me on IG so you can see some snippets I capture over time... If you enjoyed or this inspired you, drop a like, subscribe, and leave a comment!
Some Highlights With so few houses for sale today, it’s important to be prepared when you’re ready to buy a home. Meeting with your lender early, knowing your must-haves and nice-to-haves, preparing for a bidding war, and keeping your emotions in check are all ways to gain confidence in the homebuying process. If you’re looking for an expert guide to help you navigate today’s lightning-fast housing market, connect with your local real estate professional today.
In this video, Marty Boardman and Manny Romero of Fix and Flip Hub explain how the new roof and drywall were installed at their Historic House in central Phoenix, Arizona.
Here’s the ugly truth about rehab costs - they vary a lot!
Depending on who’s doing the work and what market the work is being done in… prices can be all over the map!
Unless you have a lot of firsthand experience in construction, it can be pretty hard to figure out how much things should cost.
And I might add, there are a lot of contractors who will have no problem ripping you off if you let them!
It’s unfortunate, but the reality is working with contractors can be one of the biggest headaches real estate investors have to deal with.
It’s not always the case, but normally good contractors charge a premium, and the more affordable ones can have pretty low standards of professionalism.
You have to know how to manage contractors properly so that they perform to a reasonable standard.
If you don’t… you’ll find yourself constantly micromanaging, spending double the cost to get things re-done or done correctly, and frustrated that contractors aren’t getting things done in time or even showing up to work!
It can be a nightmare, to say the least!
Luckily there is a way to minimize these issues and in this video, I’m going to walk you through exactly how to do that.
First, raise your right hand and repeat after me:
I will never pay a contractor up front or by the hour!
The reality is if you pay a contractor all upfront for work that hasn’t been completed yet, more often than not, they will lose motivation to get the job done. When paid upfront, it’s common for contractors to prolong the deadline, or worse, abandon the job completely, taking your money without doing the work!!
It’s sad, but it’s just the reality - you’re much better off breaking up the payment in intervals, at least half upfront, and paying the remaining half at the end.
If the project is extensive, you can pay them in several stages based on certain things getting done.
Contractors will normally need something upfront in order to pay for materials, but you should get receipts on all the materials they buy and ensure they’re not buying more than they need, or buying things unrelated to your project.
Join Ken McElroy and his co-host Danille as they go live each week. Ken covers a broad range of real estate, entrepreneurial and investing topics. Be sure to join live to be able to chat with other like minded real estate investors. To join in and learn more: https://kenmcelroy.com/premium
Be sure to click the bell to be notified as soon as he goes live next!
Purchase a copy of Ken's book, "The ABCs of Buying Rental Property,": http://bit.ly/RentalABCs Visit Ken's Bookstore: https://rda-press.com/rich-dad-advisor-ken-mcelroy/ Ken has a real estate strategies podcast! Follow on your favorite platform for new discussions released weekly. Apple Podcasts: https://apple.co/3jDqftx Spotify: https://spoti.fi/31GUDwW Website: https://bit.ly/2DaIoPH • Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This channel is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive. Ken's company: https://mccompanies.com/ • DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind. Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’ Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel. Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites. All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate. Comments which are off-topic, offensive or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates
Discover 4 niches that can bring you real estate riches in 2021. If you do one or more of these techniques, you could have your best year in real estate investing ever. For these 4 strategies, it's truly never been in a better time in history to do them: https://www.freedommentor.com/4-real-estate-niches-for-2021-riches/
In 2008 J Scott & his wife Carol quit their 80-hour per week jobs in Silicon Valley to start a business flipping houses. Unfortunately, they had never flipped a house before! In this video, J shares how they used trial-and-error, systems, and post-it notes (!) to learn, create and then scale a business that's now flipped over 400 houses! Whether you are a small-scale real estate investor or someone with the ambition to own hundreds of properties, you can learn a lot from J's story.
He got all 10 Houses for an AMAZING PRICE, again all it takes is consistency and drive. Make those calls, you're one deal away! Follow Me: http://maxmaxwell.io/QVlY
★★★ ABOUT ★★★ In today's video not only do we fly the Sling TSI from North Carolina to Tennessee but we also check out and meetup with a fellow wholesaler, who I found on TikTok, and we check out his newest project where he got 10 Houses in ONE PACKAGE DEAL! Crazy! We also end up going through one of my latest flips and check out some of the details with francis! Lots in here! Hope you enjoy the video!
Diana Olick joins 'Closing Bell' to discuss mortgage rates, which are rising after Fed Chairman Jerome Powell's comments this week. The stronger-than-expected jobs report also helped with sentiment. The supply of houses available for the spring market is the lowest on record.
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