Two Bedroom Deals: To Pursue or Not Pursue and How Real Estate Comps Can Make All the Difference

I hear this question often, “Cam, I’m looking at a property but it’s a two bedroom home, should I avoid the deal or do it?” The reality is, there are scads of guidelines in the real estate investing world and a few hard and fast rules to follow, but one of your biggest guides will be what the real estate comps tell you.

When you come across a potential deal that goes against the known guidelines, and trust me you WILL, then it may be time to slow down, take a second look and perhaps reassess your options.

For instance,

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Double Closings Explained and Why You Shouldn’t Attend Them

Double closings – not to be confused with assignments – aren’t as complex as they seem.

Simply put, a double closing in real estate investing is the simultaneous purchase and sale of a property that involves three parties:

  • The seller
  • The investor
  • The end buyer

It’s essentially two transactions commonly referred to as the “A to B & B to C” strategy and looks like this:

  • Person “A” is the distressed/motivated seller
  • Person “B” is you, the real estate investor
  • Person “C” is the final buyer.

During the

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How To Use This Unoccupied Property Insurance Strategy To Get A “YES” From A Vacant Home Owner

Did you know that out of nearly 139 million residential properties nationwide, more than 1.5 million are vacant? Now you can use this Unoccupied Property Insurance Strategy to get more of them to say “yes” to your offers fast. If you’re wondering if you live in a city chock-full of unoccupied or vacant properties, here is your answer… According to USA Today, these are among the country’s most vacant cities:

  • Gary, IN: 19.4%
  • Hilton Head Island, SC: 16.9%
  • Flint, MI: 15.7%
  • Detroit, MI: 11.2%
  • Baltimore, MD: 8.1%

>> Click here to check your area

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9 MUST KNOW Factors For Pulling Real Estate Comps You Can Trust

Sooner or later, you’re going to have to pull comparables on the properties you’re considering buying. It’s an important part of every successful Real Estate Investor’s day… So let’s define a couple of terms before we dig into this… First, the “subject property” is the one you’re considering buying. Comparables are your absolute best tool to determine the value of the subject property. Real estate agents and investors like you and I will “run or pull comps”, to determine and justify the value of a subject property based on comparable properties that have sold recently within the area. In other words, properties

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