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Three Ways to Flip Houses in a Down Market
20 July 2009
The housing market in many areas is currently experiencing a significant slump. Wherever these dips in the market occur, they often discourage investors, particularly novice investors, from flipping,...
Real Estate Team
Whether you are new to real estate, or have reached a level where you feel stuck "jump-start" your real estate investing career with a good team.

   First join a local real estate club or association. T
hese groups will help you keep your thoughts in the right place and prove to your self that it really does work, despite the opinions of others. Then with the contacts you make build your team.  You need to find the people for your team, they are not going to come banging down your door.   You will need an: 

· Attorney - preferably one that does real estate deals for himself as well as others

 · Title or Escrow Co - One that works with investors. Make sure they understand double closings, land contracts etc.

· Insurance Agent - find one that understands land contracts, landlords, etc.
 

· CPA - find one that is aggressive and owns real estate
 

· Contractor - one that will give you free estimates and knows how to do the work the right way the first time.
 

· Mortgage Broker - one that is savvy, creative and experienced with investors
 

· Partner - in case you need it for money or experience
 

· Mentor - someone you can call to smooth out the rough spots

* Real Estate Professional-  Someone who knows your farm area.  Works with investors full time.

 Start building long-term business relationships with the members of your team.  If you get the chance to refer a client to them, do it! 

Remember this is Business, treat it like one.

Disclaimer: The foregoing is not intended to be given as legal, financial or tax advice, but intended for instructional use only. If you require legal, financial or tax advice you should seek the assistance of a qualified professional.