Can You Buy from Sellers in Bankruptcy?

I’m here today with the answer to a question I get pretty frequently about sellers in bankruptcy:

“Can I buy a motivated seller’s property if they’ve recently filed bankruptcy?”

So, I often get asked this question because in our Motivated Seller Data Feed, bankruptcy is one of the filters users can select as a type of motivated seller. And frankly, with the coming wave of foreclosures, this is the perfect time to prepare for dealing with sellers in bankruptcy. So, it’s a great question.

In other words, if a homeowner files for bankruptcy, can they sell

Continue Reading...

Estimating Repairs on an Investment Property, Quickly & Accurately Using “The Condition Multiplier Method”

Estimating repairs is a subject that sometimes paralyzes many investors – and it shouldn’t!

While it certainly is an important part of the deal-making process, estimating repairs to determine the best possible offer on your deals will be a snap once you get the hang of it.

To help you, today, we’re going to break down and follow the methodology that Cam Dunlap presents at his training events because let me tell you… it works!  

One of the keys to this simple but powerful methodology is what we call the “Condition Multiplier Method” when estimating repairs which categorizes the houses

Continue Reading...

Data Integrity: The Good, the Bad and the Ugly in the Real Estate Investing Industry

Data reliance is ultra-prevalent in today’s Real Estate Investing (REI) industry. We, as investors, use databases to find sellers, buyers and lenders alike and some have, unfortunately, come to rely on the MLS and on sites like Zillow to find it. Data is critical to our marketing efforts and to find new deals.

But, not all data is created equal!

Plenty of companies will sell you data, but not all data is accurate, precise, and complete. And “BAD” data can cost you…big time. 

Let’s explore the reasons data integrity is one of the primary keys to

Continue Reading...

Deal Maker Interview – How This Investor Turned a $10k Profit Into $53k On One Deal!

I’m back with another Deal Maker Interview!

I recently sat down with Mike, who’s one of our no fee funding clients, to learn how he took an average $10K deal and turned it into a $53K profit on one deal! As you’ll see, he took me by quite a happy surprise!

This is Mike’s first deal using our NO FEE transactional funding and we couldn’t be more proud of him!

If Mike can

Continue Reading...