Tag Archives: flip
How Not to Spend Too Much (or too little) on Your Next Fix and Flip
It’s tough being me. Each and every day I wake up and wonder – should I wear shorts and flip flops or jeans and dress shoes? Then I have to decide if I’m going to work at my office or … Continue reading
Filed under Investing
‘As-Is’ Home Sale Doesn’t Always Mean ‘As-Is’
Last night I asked my 8-year old daughter to go upstairs and get ready for bed. Her regular bed time is 8:30p. By 8:40p she still hadn’t moved from her seat at the kitchen island. Evidentially she found the letter … Continue reading
Filed under Homeownership, Investing
Phoenix: The Wild West of Real Estate
“I haven’t seen a beatin’ like that since somebody stuck a banana in my pants and turned a monkey loose.” – Cousin Eddie, Vegas Vacation Last week I wrote about how crazy things have become down at the Maricopa County … Continue reading
Filed under Investing
The Four-Day Fix and Flip: CLOSED
From the website Answers.com: Question: Why is it so hard to hit a home run? Answer: The ball is small and fast, less than 3 inches in diameter and moving at around 80mph or more in most cases. You have … Continue reading
Filed under Investing
Read and React: Cromford Report’s Market Summary for the Beginning of June
The average months supply (active listings divided by monthly sales rate) for the period Jan 1, 2001 to June 1, 2011 is 5.9 months. Right now we have a 3.2 month supply. Yet we read everywhere that there is a … Continue reading
Filed under Investing
The Flipping Phoenix Houses Workshop
Stop wasting your time and money flying all over the country attending real estate investment boot camps. That’s what real estate attorney Bill Kozub told me – after I had spent more than $5,000 traveling to Denver, Colorado and Atlanta, … Continue reading
Filed under Investing
The Benefits of a Bidding Service
The conversation usually starts like this – Marty, I want to buy a house at the auction. It’s in my neighborhood. I know what it is worth. I’m confident I could rent the house and make $300 a month in … Continue reading
Filed under Investing
Buying Investment Property in Arizona – Part I: Fixing and Flipping
I was in the presence of real estate royalty. My brother-in-law, Rich Siegmund, had set up the meeting. It was 2005 – Austin, Texas. I had flown there from Phoenix to help him get his real estate investment business off … Continue reading
Filed under Investing