There is a BIG difference between ARV and flip sale price. It's critical to know if you're in EITHER flipping or BRRRR investing. Relying only on one of these values for both your flips and BRRRRs could put you in a rough spot (especially in today's market). When the market is growing like crazy and home prices are ever-increasing, knowing the difference between these two can be overlooked without feeling the pain.

But with prices flat over the past couple of months (and even decreasing in larger metro markets that traditionally yield higher flip returns), mistaking these numbers as the same could have you losing tens of thousands of dollars. . So what's the difference between ARV and sale price?

A student and I were talking about 401k's the other day and a word came up that usually causes pause:

Sacred Cows

The 401k is a sacred cow - something you're culturally not supposed to even question. But is it the right tool for you?

Or should you liquidate your 401k?

Lenders operate on risk. The lower their risk, the less they charge in interest and fees. One way they analyze risk is by looking at your financial stability.

Enter: seasoning requirements.

Lenders include these time requirements to make sure that you show a history of
creditworthiness. As you prepare for your first investment deal, keep seasoning requirements in mind.

Join me as I talk through a 'Seasoning' requirement and whether it can prevent refinancing!

Renovations are an inevitable part of real estate investing.

It therefore follows that it is very important to know how to best find and manage contractors to ensure your projects are delivered on time and on budget.

Watch this video as I explain ways in which you can manage your subcontractors!

We have to talk about it - one of the biggest misconceptions new investors have about funding their first (or next) property. Can you still get a loan if your Debt-to-Income ratio (DTI) is too high? What if you're self-employed or 1009'd? Do you HAVE to have a W2 to get a loan?  

In this video, I discuss the two major types of loans and how to fund your next deal even if you're self-employed, 1099'd, or have a high DTI. Learn how to get unlimited money for your future deals - no matter your DTI position! 

It's clear that COVID has altered the market substantially, and in many ways, irreversibly. We've seen the sharp decline of commercial property value, increase of remote work, and growth of tech-based companies to name a few. But, is should be know:

COVID's Biggest Impact on Real Estate is Still Ahead

With the foreclosure moratorium in place, the impacts of COVID on the residential real estate market have not been eliminated - they have simply been delayed. With the federal government attempting to give homeowners time to straighten out their financial positions, the sad reality is that many of them either can't or won't be able to adjust in time. This exposes a significant opportunity for new and experienced real estate investors alike. 

The Flood of Below Market Properties is Coming

Real estate investors should expect a tidal wave of below market properties and flood of renters to the market as the foreclosure moratoriums wear off. With the likelihood of the...

The Only Options for Getting Started in Real Estate

If you're looking to get started in real estate, you have one decision that will significantly affect the most important results of your efforts. This one decision is a natural first step as you're working toward acquiring your first property, but it also carries with it a weight of importance because it influences such significant outcomes, like:

• Speed - time it takes to get your first property
• Money - the money you put into that property
• Risk Exposure - the amount of risk you assume

Each method has its benefits and tradeoffs with correlating risks and reward. There's not a one-size-fits-all method for everyone. You have to decide what's best for you and will help you move toward your goals most effectively. For the new investor looking to get started, you need to choose your method of learning. 

There are Two Methods for Learning Real Estate

After you've determined that real estate is the...