Michael Kimble: Sneaky Strategies
Wholesaling Real Estate Lease Options Traditional buying and selling of real estate can be a very lucrative business, with real estate brokers and agents making thousands of dollars in commissions with each deal. The problem is that buying the real estate properties can leave the agent or broker cash poor but with a lot of equity to bank on. Another problem is in selling the property quickly in order to avoid continuous mortgage payments above what will be made on the sale. In addition, repairs on the properties can drain even more out … [Read More...]
Michael Kimble Review: Snail Mail Marketing
Snail Mail Still Gets It Done in Real Estate We all know that time are tough. It’s a buyer’s market in real estate right now, since people need money to settle their debts and get out from under a huge home mortgage that they established years ago. Some people have had their houses listed for years on the market with no interested buyers. So how does that help you? Remember those real estate listings that you have from five years ago? They may still be relevant to you, but in a more profitable way. A lot of people will … [Read More...]
Michael Kimble: Learning A Lesson
Learn Your Lessons in Real Estate Our friend Bob found himself in some dire straits after a two-year stint on a mission for his church. He came home to find that his parents had sold the family home and moved. Of course, he had to ask what happened, and how much his childhood home had sold for. Quite frankly, he was prepared to feel betrayed. The home was a 200-year-old house, with the problems that come with a old home. But he was surprised to find that his parents had sold this landmark home for $180,000. He was floored. He … [Read More...]
Where I Got Started
The story of my first wholesale real estate deal… If you’re interested in earning money part-time for simply finding and wholesaling houses… here’s how I made $6,000 — in less than 2 short weeks — on the very first house I ever found…I remember it like it was yesterday.I received a call from a very nice lady in Dallas, Texas who responded to one of my cheap little ads that “find” houses for me. Her name was Alice. To Alice, this house was a “problem” that was costing her money (taxes, insurance, maintenance, etc.)… … [Read More...]
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