As a Real estate investor, it is super important to PROSPECT EVERYDAY! In order to do this successfully, you must have a system in place to track down leads and reverse prospect, or skip trace leads. As a real estate broker, lender and investor, I use several different tools in my business daily that enable me to do this effectively, efficiently and successfully, no matter what the situation. In this video I explain which tools are best and when you should use each of my top 3 reverse prospecting tools in real estate. Here are the links to each of the the 3.
1. Cole Realty Resource – https://www.colerealtyresource.com/
2. White Pages – https://www.whitepages.com/
3. REI Skip – (good for bulk) – https://reiskip.com/
For Exclusive Home Depot Discounts and offers visit – https://homedepot.sjv.io/O1PQG
If you’re in need of a hard money loan, check out my lending company at – http://BostonRealtyFunding.com
Monthly Archives
January 2019
Today we’re hitting the road and I’m taking you with me along with a special guest! In this video I share my process on how we demo a house, make exterior repairs, decide a kitchen layout and how we named this one!
Flipping is a process and it is important to understand what it takes to turn the worst house on the street into the best house in the neighborhood! My wife and I have been at it for years and while it looks easy, there’s a ton of energy thought and work that go into finalizing the finished product. I hope you enjoy this video and learn from what we share. I’ve been in real estate for 15 years and am still learning. As I learn, I will continue to pay it forward by sharing my experiences.
Additionally if you need funding for your next flip visit my lending company website at:
http://BostonRealtyFunding.com
For special discounts at Home Depot Visit: https://homedepot.sjv.io/O1PQG What this video to learn more.
Click here to view additional special savings at Home Depot – https://homedepot.sjv.io/O1PQG
When you’re a real estate investor, it is important to keep your costs down to and your profits up! In this video I share how you can literally save $1000’s of dollars per year and increase your profitability with one simple step. The key is to understand how to get a contactor discount without being a contractor.
Did you know that anyone can get contractor pricing at home depot? In this video I explain the process. It simple and anyone can do it. All you have to do is go to the bid room. If you spend $1500 or more you automatically qualify for contractor discounts every time you spend $1500 or more. What this video to learn more.
Click here to view additional special savings at Home Depot – https://homedepot.sjv.io/O1PQG
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How To Flip | Flipping A Boston 3 Family As 3 Condos
written by Robert Nichols
– Why I purchased this property to flip in this location
– How you can take a three family and turn it into three condos to triple your profit
– What a flip looks like at the beginning stages of the development process
– How to build Wealth by buying a Condo
– See a construction transform over time as the project progresses forward
This particular property is in Dorchester and what makes it especially attractive is the fact that is next to the train station. It is about a 5 to 10 minute walk from the train station which adds a ton of value because professionals or students can easily commute to work of into the city for entertainment and don’t need a car. Millennials want to live, work and play in the same community and if you have easy access to fast public transportation, it is very attractive for prospective buyers.
Developing condos also provides a great opportunity for folks to make a huge profit when they flip a house like this but it also empowers first time home buyers to purchase a condo as opposed to single families in cities like Boston and New York City that do not have a lot of affordable single family homes. In my opinion Condo flips are the fastest way to make millions in real estate and you don’t need to be a cash buyer to do it. You can get started with little to no capital of your own.
It’s the ultimate win-win because you make money and the buyer is able to achieve the American dream of homeownership and build wealth overtime in the process.
In Boston one of the ways investors are able to score a quick return on multifamily homes is by converting them to condos. This strategy will really payoff whether you decide to flip it yourself or wholesale it to another investor. Converting to Condos is when you buy a property and sell each unit separately instead of selling it as a multifamily.
In Cities like Boston or NYC that are very expensive, Condos also create opportunities for first time home buyers to purchase a home at a more affordable price vs purchasing a single family in the city.