Real estate
Driving For Dollars in Woodbridge Virginia: On the Road with the President of Prince William Historical Society.
In my last post I talked about real estate market in Woodbridge Virginia and how it has evolved over the past ten years from a dead zone into a highly competitive market of investors and retail buyers. In order to get the deals in the market you have to pound the pavement. One of the…
Read MoreMy Hunt to Buy Homes in Woodbridge Virginia
Finding great real estate deals in the Northern Virginia area is pretty tough these days. I buy houses all around the Washington DC area but there are some towns I like in particular. One of those areas is Woodbridge Virginia in Prince William County. Woodbridge is still reasonably priced (comparatively) and it provides several commuting…
Read MoreBehold, the Power of Debt in Real Estate Investing. Watch what it does to the rental I bought today in North Carolina.
Just a quick little Friday post to tell you about this house I bought in Jacksonville North Carolina. That’s right, North Carolina. It is just outside Camp Lejeune Marine Corps base. It’s a little town in the South East region of the State. The house itself is less than 800 square feet. It has 2…
Read MoreThinking about Selling Your Northern Virginia Home this spring? You’re Way Behind!
So you’re considering selling your home in Fairfax, Woodbridge, Alexandria or any other area of Northern Virginia? Why not? It’s shaping up to be a hot seller’s market and really, how many more of these can we expect with interest rates heading up and home prices already passing 7 times annual household incomes for many…
Read MoreHow We Bought This Home in Falls Church Virginia when no one else would
A couple months back a realtor friend presented to me a property. It was a nice size rambler in the Lake Barcroft Subdivision of Falls Church Virginia. That is a great area that I know well. Homes there usually sell fast but this sellers could not find a buyer and was struggling to sell this…
Read MoreHOME FLIPPING PURCHASE PRICE FORMULA
In real estate, you make your money when you buy. It’s a common phrase in the business and no truer words have been spoken. Let that sink in. You make your money when you buy the property. Not when you sell. If you don’t buy the property right, at the right price and or terms…
Read MoreDC Home Prices & Increased Competition Make House Flipping Risky
House prices are going. Construction prices are going up while quality work is harder to find. More competition from newbie real estate investors. This all makes the D.C. area less attractive and more risky for House Flippers.
Read MoreFirst Time House Flipper Nightmare
Newbie real estate investor try’s his hand at house flipping in the D.C. Metro Area & learns some tough lessons.
Read MoreThe First Thing You Need to Know About Real Estate Investing
REAL ESTATE INVESTING IS RISKY AGGRAVATING BUSINESS. Don’t let the Guru’s tell you otherwise.
Read MoreThe 4 Things You Need to be a Flipper
Sure anyone can flip a home but not without the proper resources.
To get started you need:
1-Money.. but not necessarily your own money.
2-Real Estate Knowledge… at least the basics.
3-Team of Experts to fill in the gaps. No one knows it all.
4-Courage. You need big brass balls if you’re going to jump neck deep into this business.