Reviewer: Kent Harris from Houston, TX United States
This is an alternative to zero down Real Estate. By scouting for properties for investors is an advantage for them, investors don't have time to find the deals and would much rather pay me a finders fee. I made 4 phone calls to 4 different investors and 3 of the 4 wanted Real Estate to invest in! One of the investors has $5 million dollars to invest and is also in the Real Estate business who is also mentoring me on flipping properties, he told me he didn't have time to find the deals, that's were I come in.
Since Sept 11th foreclosures in the Houston area have risen from 800 foreclosures a month to over 2,200 in the month of November! This book gave me ideas on were to find the properties other then the foreclosure sales and was more informative then the other 5 books I read about Real Estate.
A word about legality. Flipping properties is legal as long as you don't put the buyer and seller together, you have to have a Real Estate license for that! You would be considered a Real Estate broker if you were an independent agent and put deals together for the general public. Since I'm working for these specific investors I'm not considered a Real Estate broker.