vicki irvin's (virvin) Blog

  A wholesaler is another great source of property. A wholesaler will actually place a property under contract and then assign the contract to an investor without ever taking ownership. Wholesalers find property in a number of different ways including advertising. They may place ads that say, "W...

  Another way to find potential projects is to use property locators also known as Bird Dogs. Just as hunters will use bird dogs to flush their quarry out of the brush, you can use the real estate version of the bird dog to help you find your next house. A bird dog can be a full-time scout or ju...

  Many homeowners elect to sell their property without using an agent; these properties are considered FSBOs, or For Sale By Owner. There can be many opportunities here. When a property owner sells a property without an agent, he must handle advertising, show the property and handle all negotiat...

      Your first instinct might be to work with a real estate agent and utilize the Multiple Listing Service or MLS. The truth is that very few agents have any real knowledge of flip. This definitely rules out your Uncle Floyd, the barber who happens to have a real estate license. They may have s...

  So where do you find these properties? Finding the right deal can be the hardest part. Finding houses that need work is easy; finding those houses at a price that can produce a profit is extremely difficult. What is needed is a motivated seller. Many sellers say they are motivated but what they...

  One of the more important terms to any investor is ROI or return on investment. It is simply the rate of return on money that you have invested. If you put $100 in the bank and earn $5 in interest in a year you have a 5% return on investment. Your investment is the $100 deposit and the return i...