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Category Archives: Metro-Detroit Real Estate
How to Build a Wholesale List
Ever wonder how people wholesale properties without really ever owning them? Or selling properties before they close on them? Wouldn’t it be great to have a list of hundreds or thousands of prospects looking for exactly what you have to sell? The “secret” is to develop a list of buyers interested in what you have [...]
Investors – Take Advantage of the Tax Credit Extension!
The new tax credit extension is a great opportunity for real estate investors because land contracts are eligible (as always), and because now people that have recently owned a home are also eligible. Why is this important? Because it allows homebuyers & real estate investors a potential “back door” for doing zero down transactions! Let’s [...]
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Profiting from Short Sales as an Investor
Short sales are all the rage right now and only expected to get better going forward. The Obama administration recently announced their intent to try to streamline the short sale process, in response to numerous consumer and industry professionals complaints. Why don’t banks want to do short sales when they recover more than through foreclosures [...]
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Thinking of Investing in a Condo? Be Careful!
I got a call last week from an investor all excited about the great deal he’d found. I’m going to be deliberately vague on some of the particulars that aren’t really important, to keep readers focused on those that are. I started asking the investor questions to find out what his exit strategy was, expected [...]
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Using Social Media for Real Estate Investing