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The Roadmap To Financial Freedom
Just bought 56,000 in equity.
We had a call come in from a seller who is power of attorney for her brother who happens to be in prison. He needs to sell the house so he has money when he gets out. We bought this house for 105k cash. I never gave them an offer...she told me her price. The house...read more
What do you do when a seller backs out of a deal?
If you have any kind of deal flow at all, then you have encountered this... You get a great lead, you sign up a great deal, then you get a not-so-great text message from your seller that is telling you the deal is off. It can be very frustrating. You spend your...read more
How I just made $75,000 in equity, and $569/month
I am going to show you guys a transaction we are working on right now. This is the 2nd purchase of ours this month, and we should buy around 8-10 this month. The seller calls and is facing a foreclosure sale date of a week from the day she calls. My main acquisition...read more
ENTREPRENEUR. INVESTOR. TEACHER.Brad Smotherman’s passion is being a top house flipper in the nation, and helping other newer investors build a sustainable real estate investing company. His focus is on buying single family flips creatively, both subject-to and with owner financing…and selling retail or with owner financing (creating wrap notes). This site is dedicated to helping others do the same. Please be sure to download the free case study “How Stephanie made $350k her first year..”.
TMC #32 – How Do We Raise Money?
Once your #1 problem of marketing is solved, you quickly spiral into the second problem – how to raise money? In other words, you run into the fulfillment problem.
TMC #31 – The Art of Deals
Paul Dillon a.k.a. Big Pauly stopped by this Tuesday to share a pretty interesting deal he had recently, the problems he ran into with it, and how he managed to overcome them.
TMC #30 – What to Do When You’re in a Struggle
In the house flipping business, like in any business, it’s normal to go through a struggle. This week, we are talking about the first of the two main problems that every business faces – the struggle with marketing.