The most difficult part of buying rundown properties has nothing to do with contracts, paperwork, escrow instructions and presenting offers. It's finding sellers who really and truly desire to sell their properties. You're looking for sellers who have compelling reasons to sell. Sometimes the fear … [Read more...]

Too many people get all tangled up with complicated strategies. They seem to have the same mind set as runners who insist that without pain there can be no gain. If you want pain, I suggest you buy a $100,000 house with $850 mortgage payments and rent it out for $600 a month. For those who need … [Read more...]

One of my favorite buying techniques over the years has been LEMONADE OFFERS. The name comes from lemonade ingredients, lemons and sugar. Lemons, of course, are anything besides cash! Some of the best deals I've made were done with nearly all lemons. Weak sellers, meaning their property is less … [Read more...]