Podcasts about hudhomestore

Episode Description: In this episode of the W2 Prison Break Show, host Brian O'Neill welcomes Donnie Coram, a successful entrepreneur and real estate coach. Donnie shares his transformative journey from a W2 job at HP to becoming a thriving real estate investor. Listen in as Donnie discusses his first real estate deal, overcoming fears, and his 5F system for flipping foreclosed homes. Don't miss out on the valuable insights and actionable steps to start your journey in real estate investing. Key Takeaways: Journey from W2 to Real Estate: Donnie's realization moment: Falling on ice and preferring injury over going to work made him realize he needed to leave his W2 job. His first deal: Flipping a house with a colleague, leading to a profit of $17,846.32 and setting the stage for his real estate career. The Importance of Partnerships: Donnie's first partner brought funding, while Donnie found the deal. Despite both lacking construction skills, they successfully sold the property. Highlighted the importance of collaboration and finding the right partner. Foreclosure Market and Opportunities: Foreclosure investing is becoming more relevant due to the current economic climate. Donnie's 5F system (Find, Figure, Fund, Fix, Flip) helps investors navigate the foreclosure market successfully. Addressing Common Fears: Fear of losing money and fear of the unknown are common barriers. Importance of hiring a coach to mitigate risks and provide guidance through the process. Coachability and Action: Being coachable and willing to take advice is crucial for success in real estate investing. Importance of taking massive action and being ready to learn and adapt. Finding Deals: Utilizing resources like HUDHomeStore.com to find foreclosed properties. Leveraging marketing strategies and networks to locate profitable deals. Systematic Approach to Real Estate Investing: Donnie's system aims to generate consistent profits with minimal risk. Clients are guided through the process, with an average target profit of $25,000 per deal. Connect with Donnie Coram: Visit ForeclosureDealsCoach.com to learn more about Donnie's coaching program. Schedule a call with Donnie to discuss your suitability and get started on your real estate investing journey. For more insightful episodes on breaking free from the W2 world and succeeding in entrepreneurship, subscribe to the W2 Prison Break Show. If you found value in today's episode, please leave us a review and share it with your network. Follow Brian O'Neill's Socials:LinkedIn | Instagram | Facebook | YouTube | TikTok | W2 Prison Break

In this episode, I, Donny Coram, discuss the surge in FHA foreclosures and share tactics for investing in these properties. I emphasize the importance of using HUDHomestore.gov and understanding the two main types of HUD property status.To assist listeners in their search for FHA foreclosures, I recommend using HUDHomestore.com, despite the fact that the app has not been updated and is not compatible with current IOS. I encourage listeners to see this as an opportunity, as fewer people are looking into these properties due to their poorly marketed and underpriced nature.Don't miss this episode if you're interested in investing in FHA foreclosures and want to learn how to take advantage of these underpriced properties. Join me, Donny Coram, and let's explore this exciting opportunity together.Article: FHA Foreclosures SurgeShow Notes Want to get Started becoming a Real Estate Investor? Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today. Find and Analyze Deals Like a professional. Get access to the software I use daily to find and figure out my number on the Deals. Click here to analyze deals with Privy.http://bit.ly/fdcprivy Join the conversation today. Facebook Group - Foreclosure Deals Coach http://fdcoachgroup.comFacebook Page - Foreclosure Deals Coach http://facebook.com/foreclosuredealscoach Want to learn more from Donny Coram? Download the FREE ebook "The Hidden Foreclosure Deals Market" I want my free ebook NOW! http://bit.ly/fdcbook

As the impact of the pandemic has yet to be seen, one thing we do know in the real estate industry, is that not all properties will be saved from foreclosure since the expiration of the moratorium. This class will discuss how to purchase foreclosed FHA inventory, also known as HUD homes. Lisa Gillett is A Registered HUD Broker in California DRE 01736957 Learn more about HUD Homes at www.HUDHomestore.Gov --- Send in a voice message: https://anchor.fm/lasuperagent/message

As the impact of the pandemic has yet to be seen, one thing we do know in the real estate industry, is that not all properties will be saved from foreclosure since the expiration of the moratorium. This class will discuss how to purchase foreclosed FHA inventory, also known as HUD homes. Lisa Gillett is A Registered HUD Broker in California (CA DRE #01736957) Learn more about HUD Homes at www.HUDHomestore.Gov --- Send in a voice message: https://anchor.fm/lasuperagent/message

FAR 234 Expected Air Date: 3/16/19 Opening Coming up today, Hippie decor is back! And someone just paid a record $238 million for a condo - the most expensive home ever bought in America - and it broke the previous record by $100 million. I wonder if he will have avocado green appliances and rattan furniture? We have news, we have data, we have trends, we talk about style (don’t claim to “have” style), we have methods, and we have answers to your questions. Keep sending them to questions at flippingamericanetwork.com for now. We also have some new website lineups for you. Follow what’s going on: RogerBlankenship.com The FAN - FlippingAmericaNetwork.com The Show - FlippingAmerica.us The Fund - DTinvestmentfunds.com Deals, Money, Methods. Just came out of another sold out weekend with FlipStarter. Exciting stuff. Feedback very strong. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Baraonda My latest article in Forbes is out. bit.ly/findredeals. The FAN is here! Hey would you buy me lunch just so you could pick my brain? 32 cents per day. For less than the price of that lunch, just $9.67 per month, you can have a whole month’s worth of my brain pickings by joining the Premium membership. Just go to flippingamericanetwork.com and click on the FAN. On this show I keep a pretty narrow focus on real estate and small business development. But if you subscribe to my FAN premium blog you’ll find out what I think about a wide variety of topics. I will do my best to give you a $10 or $100 idea with every post and I WILL be talking about real estate, but I’m going to weigh in on some other topics as well. Which topics? Whatever interests me. And I have a wide range of interests. . Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $10. That’s right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out a 6% preferred rate of return and can go as high as 20%. You can make money with me, the Flipping America Guy. Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.   News: https://www.attomdata.com/news/uncategorized/top-10-states-with-the-worst-foreclosure-rate/ https://www.realtor.com/advice/home-improvement/best-throwback-decor-based-on-your-zodiac-sign/ https://www.realtor.com/advice/home-improvement/most-expensive-home-repairs/ https://www.cnbc.com/2019/03/18/times-square-is-about-to-get-a-giant-new-billboard-called-tsx-broadway.html https://www.forbes.com/sites/forbesrealestatecouncil/2019/03/18/11-ways-non-experts-can-keep-up-with-local-housing-trends/#219ba5f2e949 https://www.nytimes.com/2019/03/15/your-money/real-estate-investments.html https://www.nytimes.com/2019/01/24/business/who-is-ken-griffin.html?action=click&module=RelatedCoverage&pgtype=Article®ion=Footer Topic: Your Questions: Annalee, Tampa, FL, “How do I find my first deal? I just want to wholesale something.” Get 250 cards Get rid of those cards Get a list of foreclosures. Knock on doors and ask people to sell you their house Check all the FSBO sites, For Sale By Owner, Buy Owner.com, etc. Craigslist, Befriend a realtor, tell her you are looking for distressed properties / situations. Tell everyone you know and everyone you meet you need a house. Hudhomestore.com. Make offers (with your Realtor’s help). Social Media Networking (not with real estate groups) Beverly, Villages of Ocala, FL, “Please explain the 1% rule for rental houses and why that is a good thing.” Austin, Dallas, TX, “When are you bringing FlipStarter to Texas?” Sammy, Milwaukee, WI, “Who is going to win the NCAA Tournament? Just kidding, I have a possible deal, but I need help making sure it’s a good one. I need local advice, but I am afraid that if I show someone local they will just go and do the deal without me. I don’t have it under contract or anything. It’s my uncle’s house. He passed away and now my cousin is selling it. Suggestions?” Joe, Little Rock, Arkansas, “I want to be in real estate, but I don’t want to do house flipping. I just want to put money into something safe with decent returns. What do you suggest?” Brad, Elizabethtown, KY, “What can I do to find more consistent deal flow. This is a small town, but I want to do this full-time.” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day "Obsessing over details like your logo or business card is just a form of procrastination. Your business needs deals MUCH more than it needs a logo." --Roger Blankenship

Spent his entire career working in the ship painting industry. Loves being on the water and enjoying all the recreational activities that come with it. Restoring homes to his vision is his therapy now. Show notes: www.zillow.com - Hudhomestore.com --- Send in a voice message: https://anchor.fm/rei-connect/message Support this podcast: https://anchor.fm/rei-connect/support

On this episode of House Flip Masters Holly is joined by guest Larry Goins. Larry if from North Carolina and has been investing in real estate for over 30 years.  Larry first got started in real estate when he saw a seminar on TV, this seminar is what got Larry to catch the real estate bug. Larry has his real estate and general contracting licenses, he has done stoke brokerage. Larry has dabbled in all areas of real estate but really loves residential. Larry says that there two things that he hates in real estate which are: rehabs and tenants. Larry is currently doing 21 deals and says that the deals that he seems to lose money on are the rehabs. Larry also doesn’t prefer to deal with straight tenants because he prefers to do lease options or seller financing for tenants which he refers to as ‘Home Owners in Training.’  Holly asks Larry to share with listeners about HUD houses; which Larry is said to have wrote the book on. A HUD house is defined as Housing and Urban Development which FHA has insured a home loan on - FHA does not give the loan but they insure the loan. Part of your payment goes to HUD to insure that home, if the home loan goes into default HUD buys that home back. When asked why he likes HUD homes so much Larry says because there is no marketing that goes into it he does not have to make any calls or put out any bandit signs the homes are already listed and they are generally listed below market value. He also likes HUD homes because they have a PCR, Property Condition Report. A PCR basically lists the major issues with the home - a PCR will not list cosmetic issues with the house it will tell you if the pipes need to be replaced or the roof needs to be replaces. He also likes that a HUD house will already be cleaned out before it’s sold, for example if there were animals in the home and the carpet had an odor HUD will remove the carpet. Larry also likes that there are no deed restrictions on a HUD home and he loves that there is a lot of data available on these types of homes. Holly asks Larry to share with listeners where he finds his HUD homes. Larry says that all the HUD homes to be bought can be found at www.HUDHomeStore.com and each home that is listed on this website have an realtor already attached to them and the only people who can place a bid on these homes are licensed agents with a NAID, Name Address Identification Number, or a non-profit with an NAID number - HUD is a daily auction. When asked home the HUD home auctions work Larry tells Holly that all HUD homes go through this website, any agent that wants to place a bid on these homes has to be licensed in the state where the home is located as well.  Larry informs listeners that HUD homes for the first 15 days can only be purchased by an owner who intends to occupy the residence, investors cannot even bid on these homes within the first 15 days. Once those 15 days have passed investors can have their agent bid on the HUD homes if the investors agent submits a bid and does not hear back from HUD the next day the bid will automatically expire. When bidding on a HUD home Larry advises that it is vitally important to check the box that asks to keep the bid or to use the bid as a backup if the current offer falls through. If you place a bid HUD has the opportunity to counter your bid, when that happens you have 4 options: you can do nothing about the counter, you can counter back, you can submit a new bid, or you can accept their counter. Lastly, the third that can happen with a HUD home is that they accept your bid and now you own a HUD home.  Holly asks Larry how good the deals are on HUD homes; how much of a discount is he getting on these homes. Larry says that he has bought homes 20 to 103% a list. Homes are already listed very low which allows for a large profit margin. When asked how many of his 21 deals are HUD homes Larry says that of those 21 homes 16-18

Show notes can be found at http://flippingjunkie.com/53 Brett Snodgrass is an awesome real estate investor in Indianapolis, IN.  He’s been a full time real estate wholesaler for about 10 years now, and it has been an incredible business that God has used to provide for him and his family. He’s a simple guy, He loves taking his little beater-boat out on the lake, spending time with his wife and kids and enjoying the relationships he has around him. Today, Brett shared with us his direct mail strategy where he sends out over 20,000 pieces per month and landing roughly 10 deals.  What I enjoyed was the discussion on getting leads from HUD.  HUD stands for Housing and Urban Development and they are responsible for selling off FHA foreclosures.  HUD sells there homes auction style through the HUD Home Store (hudhomestore.com).  You can bid on these houses and land some awesome deals. Brett shares with us his exact system for making offers on these HUD houses.  I especially like how he describes his filtering process to make sure that he’s not wasting his time.  This is information that took him months to determine and we get to listen in and save all that time and effort. Brett knows how to buy houses from HUD, HUD foreclosures.  His system for buying they HUD homes is awesome, from offering 25% of list price and just fishing for counters to knowing when they are more likely to accept an offer, it’s all here in this episode. Learn how to buy houses from HUD with this episode where I interview Brett Snodgrass. 

In today's episode of Strategic Real Estate Radio, Josh Cantwell covers the topic of government foreclosures, AKA HUD homes. He will walk you through exactly how to find these properties on HUDHomeStore.com and what you will need to make bids and close on these properties.