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REITips.com. Who’s This JP Moses?

REITips.com. Who’s This JP Moses?

Its an incestuous little industry; this RE Investing thing. If you’re around long enough and you always do good by others – you get to know the players. I’m lucky enough to know one of the nicest, smartest, and most honest guys in the industry. Becauase his site, ROCKS, many of you may already know JP Moses, and if you do, you  absolutely love him (I must confess, I may have a man-crush... [Read more]

Flipping REO’s? Who’dja Buy From?

Flipping REO’s? Who’dja Buy From?

I just got this blockbuster update from my buddy; Scott “Spidey” Smith. Hopefully you saw my recent video blog post where I talked about the extreme difficulty of selling houses. Now hold on…we’re getting buyers, and contrary to what the news reports, those buyers are getting financed, but the lenders and title co’s are making us (the Seller) jump through a Ba-Zillion... [Read more]

Flipping Homes Tip: Basement Waterproofing

Flipping Homes Tip: Basement Waterproofing

I can’t say it was T.G.I.Friday, yesterday. Those of you living on the east coast know what I’m talkin’ about. We got DUMPED ON by the remnants of tropical storm, Nicole in an historic rainfall. Some parts of Maryland got 12″. Holy crap that’s a lot of rain. Needless to say, it wasn’t the leisurely Friday I was hoping for. We had water in two of our 6 listed houses.... [Read more]

Video Tip: Cover Your Ass

Video Tip: Cover Your Ass

The following can not be considered whining, but rather a HUGE warning to those of you who are doing rehabs, or even to those who aspire to do rehabs. In a word folks, Flippers are hated. As proof, go to this link after reading this story and check out the PURE vitriol being spewed at lil’ ole’ me following a very kind and lighthearted story by NPR featuring your’s truly; Craig Fuhr.... [Read more]

Video Tip: How to Fail at Your Passion

Video Tip: How to Fail at Your Passion

Last week I got calls from two investors; one I consider a friend, the other I’m just getting to know. The conversations sparked this real estate investing video tip of the week. In terms of their investing, both were unhappy with their results. I have no idea what their individual goals are, or if they ever created a vision for success. I have no idea how hard they work, but I surmised something... [Read more]

Hey – I’m on NPR, and I’m not a liberal.

Hey – I’m on NPR, and I’m not a liberal.

I received an email  a week or so from Brett Neely; a reporter with National Public Radio (NPR). That was pretty astonishing given the fact that my  political views align more with Rush Limbaugh than with most every reporter on NPR.  Brett said he was doing a story on the housing market and while researching, he came across my little blog here on Al Gore’s world wide web. After a few minutes... [Read more]

Working on Some BIG Stuff!

Working on Some BIG Stuff!

Folks. I’ve received a lot of positive feedback lately about the blog, about my comments and about all the cool real estate investing stuff I’m doing. Heck – this past week, I even got the most flattering a humbling email I have ever received, from one of my readers who plans to be in my town – and  he just wants to meet me so he can shake my hand. (You know who are you.) I can not begin... [Read more]

Hey Baltimore House Flippers.

Hey Baltimore House Flippers.

I don’t do many driveways, but lately it seems I have purchased more houses in need of driveway repair than in any other time during my illustrious investing career. It’s all about curb appeal right? So when a potential buyer drives up to the house what’s the first thing they’re gonna see? My guess…the house, then the driveway. Given the immense and amazing rehabs we do... [Read more]

Where Are The Buyers?

Where Are The Buyers?

The Homebuyer Tax Credit is over and with it – so it seems went the buyers. As you know, purchase contracts had to be ratified by April 30th, 2010. I just wanna talk real quick about the run up to April 30th, then the time just following April 30th – and then today. Also, I really want to get all of your feelings on what’s happening in your town. In Maryland we got crushed in February... [Read more]

How to Work With Contractors. Part 1

How to Work With Contractors. Part 1

I received more comments on my last post than any previous post. Looks like I struck a cord, huh? I could (and should) write a book on how to not get taken by contractors, but before I do, I’ll just share all my info here. Just call me, Mr. Good Karma! So this will be the kick off post; Part One of a series of posts on How To Sucessfully Work With Contractors so that you can (one day) be... [Read more]