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You're driving along the road when you spot it. There in the middle of a shaggy lawn sits a disheveled property. It may need a good coat of paint, or a shutter straightened out, but it's easy to see that with a little work it could be a little gem of a property. Best of all, sprouting
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Almost all real estate transactions are processed through something called an "Escrow". But what the heck is that? Escrow is a neutral party that holds funds, acts upon documents and follows the instructions of the parties to a real estate transaction. The escrow holder takes written instructions from sellers, buyers, lenders, inspectors and others. Those instructions define the terms
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This is a very simple Real Estate Investment Plan that anyone can do. In fact, because it's so simple most people won't do it. There are only three simple steps. >> STEP 1. Go out and borrow one million dollars. >> STEP 2. Use the million dollars and buy one million dollars worth of well-selected real estate. >> STEP 3.
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The one thing I want you to think about as we are starting the New Year is the single most important factor in all of business. Take and throw everything you know out the window because without this one possession, you'll end up more lost than driving down an old country, dirt road in Alabama. It's called direction... Direction for you and your
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Today we are discussing a somewhat advanced strategy for you to use after you have been in the creative real estate investing business for a while. I call this "Rehab, Refinance, and Cash Out". This strategy can lead to true long term wealth and financial independence. This works very well in a buyers market like Memphis where prices have been quite flat
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