The Investor Insights » rehab

Andy Bacon – Wholesaler and Rehabber

lassiter — Thu, 12 Mar 2009 17:00:18 +0000

Here’s the March 2009 installment of Real Estate Investing in the Real World featuring Andy Bacon.

Andy is a wholesaler and rehabber based in Denver, Colorado and he spends about an hour taking us through his strategy and sharing tips, tricks and the secrets to his success.

What is up with Texas?

lassiter — Mon, 16 Feb 2009 18:39:24 +0000

I just got this email from a friend of mine who owns a HomeVestors franchise in Texas. They’re the “we buy ugly houses” guys. This is pretty startling legislation if passed so it’s important that we real estate investors pay attention to what happens down in Texas.

Are You Stuck on Your “Yeah, But…?”

lassiter — Wed, 04 Feb 2009 17:51:23 +0000

Every month I get literally hundreds of emails from investors all over the country asking for my advice on their investment strategies, deals and problems they’ve encountered. Many of these investors have outdated strategies that don’t work anymore, unrealistic expectations or worse, they are so entrenched in doing something the way they’ve always done it that they’re stuck.

Let me give you a few examples of what I mean. A few years ago, I saw the writing on the wall with regard to stated income loans. I just knew that they were going away. (If you’re thinking, “What? Whaddya mean no more stated income loans?” then you especially

You Can Do FHA Flips In These Five States

lassiter — Thu, 11 Dec 2008 03:38:07 +0000

Rehabbers take note. The FHA anti-flipping rule is suspended in five states in the Midwest. (This means you don’t have to wait 90 days to sell to a new buyer who is using FHA financing). Here’s the list of states and counties: Nebraska: Eligible counties are – Buffalo, Butler,