Got Questions? Real Estate Investing FAQ – Wholesaling & Flipping Houses -
by Tony Pearl on Wednesday, July 7th, 2010 | 25 Comments
Welcome back! You must be a seriously dedicated home buyer. I predict you will do very well.
TeachMeFlipping asked:
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The-Flip-Man.com……..1017 …… Ask your wholesaling houses, flipping houses and real estate investing questions here in the “comments” section of this video…… Got Questions? Real Estate Investing FAQ – Wholesaling & Flipping Houses – http I will personally Teach & Mentor…
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Do a search here on YouTube for “The Magic Question”
what is the question that you ask the seller on how to get a good offer? What techniques do you use?
i have a contract rent to own on a house, asking price,
$62,500.00, needs about $5,000+ repairs,
other houses in area, 88,000.00+
i don’t have the money to fix it up, i don’t want to live there, what should i do,
i was thinking about a roomsing house?
So If I make $10,000 on a wholesaling deal how much of that will go to taxes? Ive read upwards of 40% is this true?!
Hello all !! Are there any fellow students of Ty in CA ? I’m in Long Beach of LA county
short sales are money makers if you have the resources in place, most lenders want proof of funds to take your offer serious, there are some services out there that will provide those pof letters but i’ve heard banks have started throwing those in the trash,,,, just what i heard
you would need your buyer in place to make a short sale work…. also they may take months just to get a acceptance, counter offer or rejection back from the lender…
money can be made with the proper resources
lov your vids,if a seller calls you and you try a short sale and bank accepts offer do you have to pay amount in total within a certain time periodn what if you get a 300,00 house for 185,00 short sale how can you pay that if your just starting out? thanks ty
nothing less than 100, i would recommend more if you can afford it
pick what up, let them stay posted as long as possible
How many bandit signs should I put out and when do I need to pick them up?
Do a search for this video
“How to Determine and Use After Repaired Value aka ARV to negotiate deals? Real Estate Investing”
How do I find out what is the price of the house after it is fixed up??
sure, as long as they buy it doesn’t matter, i’ve personally never tried it myself, let us know how it works out
How do you feel about doing a google search for investors? I have seen some that are nationwide and was wondering were they any better or worse than say an investor you would use.
if you have your marketing generating your deals you won’t have to compete with realtors and other investors for the most part
you’re 50% of the way there when motivated sellers are calling you to buy their property because of your marketing
wal-mart uses marketing for biz, why shouldn’t you?
how can my offer stand out over realtors and other investors
actually, “illegal” flipping is not permitted in any state. the term is sometimes missed used to describe “fraudulent activities” to sell or buy real estate.
an example would be an inflated appraisal or the buyer provides false income info, etc
please show me where it’s illegal in Washington to buy a property and resell it for profit
not certain about other states, but “flipping a house” in Washington state is illegal.
great, get’em out and get that phone ringing with motivated sellers,
by the way call me Tyrone, makes me feel old, lol
Hey Mr. Taylor, I’ve just gotten my bandit signs and I’m excited…
i’ve only done a couple of shortsales and they are really not my thing because of the time frame and followup needed to put deals together…. don’t get me wrong there’s money to be made there but just doesn’t fit what i do
Hey Coach… I am located in south florida and I put ads on craigslist and most people that call me are upside down in their mortgage. I was wondering do you have any advice on doing shortsales?
you have to check with your cpa, i simply follow my cpa’s advice, take the most deductions i can and pay the taxes
Hi, I wanted to know if capital gains tax applies to wholesales?
i have more than 35 videos at my channel here on youtube that will answer your questions, my channel TeachMeFlipping if that’s not enough, call me
hi, watched your video, i have no money in investing in houses, how do i go about buying a house with no money?