Flipping Houses in this Real Estate Market

By: Jamel Gibbs

You hear about it everywhere! Every news program is talking about it. What is it? It’s the so called “burst” of the real estate bubble. True, if you are an investor that doesn’t know what he or she is doing, then you can lose your shirt. So what must you do to make money when flipping houses in this market even as a newbie?

There are two ways that you can take advantage of flipping houses in this real estate market and make a very handsome monthly income as well as build massive wealth. What are these two ways? Buying and holding real estate, and the infamous wholesale method.

In this real estate market homes are sitting up for sale longer than usual. Homeowners are being more realistic with their prices now. With interest rates on the rise, now is the time to cash in and buy discounted properties. Discounted property investing will literally make you rich if you get the right deal at the right price. I mean its common sense. You can make money in any real estate market if you focus on buying discount properties and then flipping the house for a profit.

Buying and Holding: What do you do when you get those properties at such great prices. In the real estate market 2 years ago (maybe even last year), you would have fixed and sold that property for huge profits. That method still works today. The trick is to get FHA buyers. But that’s another topic that I’ll discuss in another article. What I’m saying is to refinance those properties and hold on to them until the market turn back around. If you buy enough properties and then sell them when the market is back up you will not have to save for retirement or your kid’s college education. But what if you’re new and your credit sucks? Or you’re not in the mood to have tenants?

Wholesaling Properties: Flipping houses and or wholesaling is by far the easiest and fastest way to make money in the real estate business. The formula is simple! Find a deep discounted property, advertise the property at a marked up price and sell for a profit. The trick is to offer the buyer/investor a great deal for the property too. An average wholesaler will make between $5000 and $10,000 per deal. Sometimes you can make more, but those types of deals come by once in a while. If you focus on volume instead of profit per deal, then you will make lots of money.

Want more information on how to find great deals and what to do with those deals to make a profit?

Find out here for free: www.freezerodownsecrets.com

Want to see how my last paycheck was more than some people’s yearly salary, and how you can make the same kind of money?

Find out here for free: www.freezerodownsecrets.com

Copyright © 2008 Jamel Gibbs
All Rights Reserved

WANT TO USE THIS ARTICLE IN YOUR E-ZINE OR WEB SITE? You can, as long as you include this complete blurb with it Jamel Gibbs own one of the fastest growing real estate investment businesses in Pennsylvania. He’s originally from Brooklyn New York. He became a real estate agent at the tender age of 21 years old and a broker shortly after. Jamel started buying real estate when he moved to Pa and he now has a successful investment business. He also coaches others who are interest in making massive profits in real estate.

www.freezerodownsecrets.com

2 thoughts on “Flipping Houses in this Real Estate Market

  1. I just wanted to say that I thought your “How to Flip For Profits” e-book was right on. The information you gave was very good, and is a great read for anyone who wants to get into the business. I thought your step by step guide at the end of each chapter was great, it pretty much tells you exactly what you need to do in order to be successful and get the phone ringing. I am already working on doing exactly what you say to do in the book. I think alot of new investors get info and then do not know where to start or what to do first well your book really tells you what to do and in what order.

    The contracts that were in the Bonus were “butter” I have looked all over the internet for them and could not find anything like that. They are perfect, they alone are worth way more then $47, and are a HUGE bonus.

    The other thing that I think is amazing is that you are going to help people structure their first deal, who does that I know NO-ONE, but you are and that is sure to help alot of people in my opinion really be able to get out there and get started in this business.

    You should be very happy with this book and what it will be able to do for people, I am sure many many people are going to be thrilled with this e-book and for such a small investment, you can’t even really call it that, people spend more than that on dinner, I mean really put it into perspective.

    Jim Carroll
    WCF Properties LLC

  2. Hi there , I agree with this article, just sometimes I read so fast everything and I miss things that after read them again, I can understand it better.. ;). Your Flipping Houses in this Real Estate Market Blog Stumbled up and Bookmarked, so I keep updated on every article you write from now now on real estate investors.

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