Interview With David and Melina Montelongo of “Flip This House”
I had the pleasure of sitting down with David and Melina Montelongo of A&E's "Flip This House" the other day. They explained to me how they got started investing in real estate and what they are up to now.
The Symbiotic Trinity of Real Estate Investing
In the business of real estate investing, three major players feed off of each other to spin the wheels of wealth creation.
Wholesalers, rehabbers, and hard money lenders form a symbiotic trinity in which each one is dependent on the others.
Wholesalers need rehabbers to buy deals, rehabbers need hard money lenders to finance deals, and hard money lenders need wholesalers to find deals to lend on.
Showcase of a Real Estate Flip: Artemis
Right-Click to Download Quicktime Here is the latest video I produced showcasing an investment property that we flipped in Central Texas. It has been a few months since this video was shot, but the good news is that we sold it for more that we thought we would, so the numbers are even better. Here [...]
The Details on the Blue Lake Deal
We caught up with our contractor, Vernon, as he worked on Glendora; walked through Blue Lake, our latest acquisition; and made a decision on another property that we had under contract.
The Easiest $7,500 I Ever Made
Last week I did something that I never before imagined was possible. I made more money with a few phone calls than I did in my entire first year as a blogger.
The Six Ways Real Estate Investing Makes You Money
I've made several comments over the years recommending real estate investing as the most powerful form of passive income.
The reason it's so powerful compared to other passive income sources such as stocks, blogging, or bulk candy vending is: there are six ways it makes you money.
How to Invest in Real Estate With No Money or Unlimited Money
One of the greatest things about real estate investing is that anyone can do it. People think they need money or credit to become a real estate investor, but that is simply not the case.
How 15 Rent Houses Can Retire You Faster than a $1 Million 401k
Is $200 a month a lot of money?
How you answer this question speaks to your level of financial sophistication.