Articles

Automate Your Real Estate Business

Posted by iflip_admin on June 27, 2014 in Articles
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This rarely happens, but guess what? You’re in the right place and the right time just by being here right now. There is no better time than right now to invest in real estate, and you have the chance to make some serious dough. We may never see a prime opportunity like this again.

What are the biggest road blocks for you that have been holding you back from making more money investing in real estate?

Here are a few more common road blocks investors face:

• Lead generation and management
• Lack of time or resources
• Task management
• Lead follow-up
• Offer Generation
• Repair Estimation
• Advertising

Maybe you want to scale your business but don’t have the time to dedicate to it, or maybe you want to get started in real estate but don’t have extra time to spare. Maybe you just want to automate your current real estate business so that you can spend time doing other more important things.

That’s exactly what iFlip will help you do. iFlip was created for real estate investors that wanted to be able to manage and automate every aspect of their business virtually. This software has been a life AND game changer for so many and it will be for you too.

iFlip will help you take full advantage of the current real estate market without having to put more time and effort into your business.

How?

With iFlip you have the ability to create websites and manage all of the leads that come in through those websites. You can then work the lead from start to finish all within the system. The number of tools and resources in the system will make researching the lead, perusing the lead, contacting the seller, making an offer, advertising the property, finding a buyer, closing the deal, and everything in between more automated and less time consuming.
Not only will you be able to easily follow the deal process, but you can generate and manage buyer leads as well. As buyer leads come in it is easy to follow-up with them, keep track of communication, and send property details to them.

Then there are your bird dogs. If you choose to have them, iFlip is the best system to use to generate, manage and contact your bird dogs, as well as, review, accept and pay for your leads.

iFlip is built so that even novice investors can navigate through the deal process almost effortlessly. There is training and information provided on every step of the deal process and on every section of the site, so it’s very easy to navigate.

Take a test drive of the entire iFlip system for yourself and see how much it will impact your current real estate business. Click here to listen to a video explanation of iFlip and signup for your $1.95 test drive today.

Remember, now is the perfect time to invest in real estate. Take advantage of the opportunity while the market is hot!

What is Same Day Transactional Funding?

Posted by iflip_admin on June 17, 2014 in Articles
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Transactional funding is one type of hard money lending usually for short term. This allows real estate wholesalers to buy properties without having to dip into their personal funds, but it is only given when there is an end buyer in place who can pay for the property in just 2-3 days.

Some examples of properties that are usually bought with the use of transactional funding include:

•Multi-family buildings
•Single family homes
•Commercial properties including strip malls, mobile home parks, apartment buildings, and land.

These types of properties may be purchases as REOs, short sales, or any other means used to buy real estate. However, transactional funding is preferred to other types of short term funding (i.e. hard money) because borrowers are not faced with high fees and also, paperwork is so much simpler and there aren’t any credit or income checks.
Unlike other, more traditional way of getting loans, this method of getting money to buy real estate is so much simpler. If you think about it, the traditional way of getting a loan means you have to go to a bank or a lending institution and submit all sorts of paperwork; they will also need to look into your credit history, which can be a big bother, especially if you have a house just waiting for you to buy it and make some money.

What is an Example of a Same Day Transactional Funding?

You might wonder how this works, and below is an example that will make it somewhat clearer. For instance, you get approved for the short sale on Mr. Doe’s house which is located at Apple Street that costs about $100,000. Then, being the savvy real estate investor that you are, you find Ms. Smith who is willing to pay $120,000 for the house. So if you want to get the $20,000 profit from the buying and selling of the house, then you have to buy it from Mr. Doe first, and close the short sale.
When you look at this scenario, Mr. Doe is party A, you will be party B, and Ms. Smith is Party C. The transactional funding loan will be your ticket to buy the $100,000 house so you can sell it to Ms. Smith and walk away with about $20,000 in your pocket after you pay back the $100,000 loan and some fees. Think about it, you get $20,000 and you didn’t even have to spend a dime.

Are There Any Downsides to It?

Just like with everything else, the transactional funding process has its own sets of pros and cons. One of the biggest advantages of this type of loan is that you need not undergo any credit checks or fill up mountains of paper work. Also, you will usually get funding for 100% of the purchase price and you do not have to pay high fees, unlike doing this with other types of loans. One downside, though, is that you have to be able to get the timing just right, and coincide with the closing of the short sale.

Benefits of Investing in Foreclosures

Posted by iflip_admin on June 17, 2014 in Articles
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Investing in foreclosures may sound like something you would want to avoid because of the word foreclosure in it, but there are actually a handful of benefits when you choose to invest on foreclosed properties. With a certain amount of research, home buyers can have a good property in a desirable neighborhood without hurting their budget too much. It has been noted that when the number of foreclosed homes rise, so does the buying opportunity. Here’s why:

•Bargains – Foreclosed homes come at lower prices compared to regular homes for sale. Naturally, people who would like to get more out of their money would consider buying foreclosed homes for the lower prices that these offer. Foreclosed homes are usually priced lower than market value rates.

•Quick buying process – Since the price is low and the bank or the financial institution which is in charge of the foreclosure prefers to sell it as quickly as possible, they set the price at low rates for more offers, and take care of the necessary transfer papers needed. Buying foreclosed homes also means buying from a legal seller so the papers won’t be a problem.

•Improved neighborhood – The previous owner of the foreclosed home may not have been able to keep up with the finances—or for whatever other reason, a foreclosed home in a quite expensive neighborhood offers individuals or families to have a home in a good neighborhood without having to pay a very high price. Consider this, a property which usually costs $300,000 in a good neighborhood may sell for $250,000 or even lower if it is a foreclosure. That amount of savings is enough to draw potential buyers in.

•Lower down payments – Another way to save on home investments, foreclosures usually require lower down payments from investors. This makes it a great opportunity for first-time home buyers who would like to have a more manageable down payment for their target property. Since foreclosed homes usually have lower rates, it is a given that the people who are selling the foreclosed home would also have a matching low down payment rate.
•Great investment – You may be wondering how you can build wealth when buying a foreclosed home. Think of it as buying a rough cut diamond—something you can improve on and make it more expensive. You can buy a foreclosed home in a good neighborhood and work on it as a project of sorts. You can increase the value of the foreclosed home over time by performing renovations and improving the overall condition of the home. While it may take a bit of work, finding the right materials and even attending to the renovation process by yourself can save on costs and can help increase the property’s value. When it is time to sell, you can gain more from the amount you spent to buy the home.

When buying a property, consider looking at foreclosed homes and check if their deals would work for you. When thinking about the benefits that these homes come with, you will be encouraged because of the savings and the potential properties you can own when you decide to go investing in foreclosures!

What is Wholesale Real Estate Investing?

Posted by iflip_admin on June 17, 2014 in Articles
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Real estate investing can be a profitable venture for those who know the real estate market. Since houses are considered as one of the best investments a person can make, being an investor in the real estate market can bring in a great sum of money when all the factors which come into play are taken into consideration. Wholesale real estate investing is one of the kinds of real estate investments that interested individuals must look into if they want to have some profit from real estate properties.

Basically, wholesaling real estate means buying a property at a very cheap price or investing in a property which is under contract. The investor would then have the goal of reselling the property at a good price to get back the price paid for the property and gain a substantial amount from the sale.

The initial step to making this possible, and probably the most challenging step as well is to find enough capital to invest in a property. Next is actually finding a cheap enough yet sellable property. Some investors find a property which is a bit damaged or something that is cheaply priced because of how it looks and they make it better from there. After costs for renovation have been added to the initial cost of purchase, the selling price can be determined.

While work on the property is being completed, a buyers list can be created. These are the people who may be potentially interested in a property. This can be done by a real estate agency that has a network of buyers, and real estate investors may work in collaboration with these professionals to be able to find the right people to purchase the property.

Part of the work to be done by the investor is to take care of the title papers. This would require professional help such as that from a real estate agent, agency, or a lawyer to oversee the legal proceedings of title concerns and transfer issues. This helps speed up the process so that when there is a confirmed buyer of the property, there would be no additional time needed for the processing of these papers.

Closing the deal is the final step in wholesaling real estate property. Keeping the price at competitive yet reasonable rates will help make the sale faster for the investor to have the profits much sooner. During the closing, the assignment fee for the contract property or other final fees should be taken care of.

The key to this kind of real estate investment is to have sufficient money to keep things in motion, keeping in track of expenses closely, and having a solid idea of how much you would like to expect from the property being sold. Wholesale real estate investing can be a fast way to sell properties but it takes time, resources, and assistance from capable professionals to help ensure that everything is in order and that the investor would profit from this venture.

Why are Cash Buyers Important to Real Estate Investors?

Posted by iflip_admin on June 17, 2014 in Articles
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You might have heard of the expression “cash is king” and this is true for a lot of things, including the real estate industry. In fact, it is so important that you will find cash buyers of homes do get a lot of benefits that other types of buyers don’t. Most real estate sellers favor people who pay in cash, and this is especially true for real estate investors that have to flip houses as quickly as possible so they can make money.

For real estate investors, buyers who readily pay in cash are a gold mine but just how important are they? Below are some of the top reasons why every real estate investor should always look for buyers that are ready to pay in cash.

•Smooth and easy transaction – Generally speaking, once a real estate investor buys a house and gets ready to flip it, he becomes a real estate seller, and real estate sellers always favor quick and easy sales. They know that even buyers who claim to be pre-approved for mortgages can get denied by lenders at a later date. This is never a problem with people who pay in cash, since they hand over the money, sign some papers, and everything is good to go. House sellers are so enamored of people who pay for real estate in cash that more often than not, they are willing to give little discounts here and there to sweeten the pot.

•Avoidance of low appraisals – Another reason why real estate investors and home sellers so adore people who pay in cash is that they make home appraisals so much easier. Home appraisers can be very fickle, and lenders determine the value of a home by comparing it to the others in the area, and this can reduce the amount of loan offered by the lender despite the first price agreed upon by the buyer and the seller. People who pay for real estate purchases in cash will have no such problems. All they need to do is hand over the money and sign some papers and the sale is good to go. For real estate investors, this gives them peace of mind and a sure sale.

•Saves money and time – Cash buys carry much lower costs as compared to people who have to get mortgages. People who pay for their real estate purchase in cash end up saving buyers tons of time because there is no longer any need to gather documents and look for lenders. For real estate investors, time means money and any buyers who pay in cash save them time and money as well.

If you have plans of becoming a real estate investor, you really need to focus on looking for cash buyers of homes. This is not to say that you overlook people who get mortgages, but if you can place an emphasis on looking for buyers with ready money, then you will ensure that your investments are a success.

Terms of Use

General Notice
These are the terms and conditions for ‘iFlip’ and for the services available including email accounts through the ‘iFlip’ program. As an ‘iFlip’ client, you are subject to the following Terms of Service which may be updated by us from time to time without notice to you. By accessing and using the ‘iFlip’ program you are agreeing to the following terms and conditions.

License of Use
Subject to acceptance of this agreement, ‘iFlip’ and Specialty Communications, Inc. will hereby grant to you, without the right to sublicense, a limited, non-exclusive, non-transferable license of use to the ‘iFlip’ program. The ‘iFlip’ program offered to and provided to the licensee is with limited use and shall not be altered to change the purpose of the licensed program. ‘iFlip’ and Specialty Communications, Inc., the licensor, do not generally regulate the content of communications between licensees or users’ interactions with the Service.

Charges
Upon completion of the ‘iFlip’ trial period as determined by your purchase offer, you agree to the pricing of $79.99 per month to be charged on a per month basis until you determine to terminate your license including your ‘iFlip’ program access, bird dog, buyer and seller websites, your ‘iFlip’ Administration account as well as ‘iFlip’ established email accounts and listings to the national website, GreatHouseDealsOnline.com. Your monthly charge will include access to live office contact and program support, unlimited ‘iFlip’ email accounts, server hosting, access to post to our national website, www.GreatHouseDealsOnline.com, as well as continual program updates and enhancements. Billed months and annual service payments are non-refundable. The ‘iFlip’ program or Specialty Communications, Inc. is not responsible for the terms and conditions or charges occurred pertaining to your purchased domains.

Service
‘iFlip’ and Specialty Communications, Inc., the licensor, reserves the right to interrupt the Service with or without prior notice for any reason including but not limited to program updates and maintenance. You agree that ‘iFlip’ and Specialty Communications, Inc. will not be liable for any interruption of the service, delay or failure to perform and that you shall not be entitled to any refunds of fees for interruption of service or failure to perform. The licensor reserves the right at any time for any reason or no reason to change and or eliminate any aspect(s) of the service as it sees fit in its sole discretion.

Account, Password, and Security
You are responsible for maintaining the confidentiality of your account name and password. You shall at no time provide access to your ‘iFlip’ account for the purpose of duplicating the ‘iFlip’ idea. You agree to immediately notify an ‘iFlip’ administrator of any unauthorized use of your password or account or any other breach of security. All ‘iFlip’ program code, copy and data are the sole property of Specialty Communications, Inc.

Conduct
All information including text, photographs, and other materials are the sole responsibility of the person from whom such content originated. The ‘iFlip’ program does not control the content posted via the Bird Dog, Buyer or Seller Modules as well as GreatHouseDealsOnline.com. ‘iFlip’ under no circumstances will be liable in any way for the content including errors, omissions, loss or damage of any kind incurred as a result of the content posted, emailed, transmitted, or made available via the ‘iFlip’ program.

You agree not to use ‘iFlip’ to:

  • Reproduce, duplicate, copy, sell, trade, resell or exploit for any purpose the use and access to the ‘iFlip’ program.
  • Email, upload, post, or otherwise make available any content that contains software viruses or any other files or programs designed to interrupt, destroy or limit the functionality of the ‘iFlip’ program.
  • Email, upload, post or otherwise make available any unsolicited or unauthorized advertising, promotional materials through the use of “junk email” or “spam”.
  • Intentionally or unintentionally violate any applicable local, state, national, or international laws including the use and payment of independent contractors.

By entering your initials and continuing to your ‘iFlip’ account you are agreeing to the terms and conditions as stated in the predefined agreement. If you have any questions or concerns in relation to the program terms of agreement or use, please contact us at (607)527-6097 or info@ifliprealestate.com.

Privacy Policy

What information do we collect?
We collect information from you when you place an order or fill out a form.

When ordering or registering on our site, as appropriate, you may be asked to enter your: name, e-mail address, mailing address, phone number or credit card information. You may, however, visit our site anonymously.

What do we use your information for?
Any of the information we collect from you may be used in one of the following ways:

• To personalize your experience
(Your information helps us to better respond to your individual needs.)

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• To administer a contest, promotion, survey or other site feature

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(The email address you provide for order processing, will only be used to send you information and updates pertaining to your order.)

Note: If at any time you would like to unsubscribe from receiving future emails, we include detailed unsubscribe instructions at the bottom of each email.

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We implement a variety of security measures to maintain the safety of your personal information when you place an order or enter, submit, or access your personal information.

We offer the use of a secure server. All supplied sensitive/credit information is transmitted via Secure Socket Layer (SSL) technology and then encrypted into our Payment gateway providers database only to be accessible by those authorized with special access rights to such systems, and are required to keep the information confidential.

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We use cookies to help us remember and process the items in your shopping cart and compile aggregate data about site traffic and site interaction so that we can offer better site experiences and tools in the future.

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We do not sell, trade, or otherwise transfer to outside parties your personally identifiable information. This does not include trusted third parties who assist us in operating our website, conducting our business, or servicing you, so long as those parties agree to keep this information confidential. We may also release your information when we believe release is appropriate to comply with the law, enforce our site policies, or protect ours or others rights, property, or safety. However, non-personally identifiable visitor information may be provided to other parties for marketing, advertising, or other uses.

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Occasionally, at our discretion, we may include or offer third party products or services on our website. These third party sites have separate and independent privacy policies. We therefore have no responsibility or liability for the content and activities of these linked sites. Nonetheless, we seek to protect the integrity of our site and welcome any feedback about these sites.

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Because we value your privacy we have taken the necessary precautions to be in compliance with the California Online Privacy Protection Act. We therefore will not distribute your personal information to outside parties without your consent.

As part of the California Online Privacy Protection Act, all users of our site may make any changes to their information at anytime by logging into their control panel and going to the ‘Edit Profile’ page.

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Terms and Conditions
Please also visit our Terms and Conditions section establishing the use, disclaimers, and limitations of liability governing the use of our website at www.ifliprealestate.com/trialoffer

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Changes to our Privacy Policy
If we decide to change our privacy policy, we will post those changes on this page.

This policy was last modified on April 8th, 2016

Contacting Us
If there are any questions regarding this privacy policy you may contact us using the information below.

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www.ifliprealestate.com
8805 Rt 415
Campbell, NY 14821
USA
info@ifliprealestate.com
(607)527-6097

Earnings Disclosure

EVERY EFFORT HAS BEEN MADE TO ACCURATELY REPRESENT THIS PRODUCT AND ITS POTENTIAL. EVEN THOUGH THIS INDUSTRY IS ONE OF THE FEW WHERE ONE CAN WRITE THEIR OWN CHECK IN TERMS OF EARNINGS, THERE IS NO GUARANTEE THAT YOU WILL EARN ANY MONEY USING THE TECHNIQUES AND IDEAS IN THESE MATERIALS. EXAMPLES IN THESE MATERIALS ARE NOT TO BE INTERPRETED AS A PROMISE OR GUARANTEE OF EARNINGS. EARNING POTENTIAL IS ENTIRELY DEPENDENT ON THE PERSON USING OUR PRODUCT, IDEAS AND TECHNIQUES. WE DO NOT PURPORT THIS AS A "GET RICH SCHEME."

YOUR LEVEL OF SUCCESS IN ATTAINING THE RESULTS CLAIMED IN OUR MATERIALS DEPENDS ON THE TIME YOU DEVOTE TO THE PROGRAM, IDEAS AND TECHNIQUES MENTIONED, YOUR FINANCES, KNOWLEDGE AND VARIOUS SKILLS. SINCE THESE FACTORS DIFFER ACCORDING TO INDIVIDUALS, WE CANNOT GUARANTEE YOUR SUCCESS OR INCOME LEVEL. NOR ARE WE RESPONSIBLE FOR ANY OF YOUR ACTIONS.

MATERIALS IN OUR PRODUCT AND OUR WEBSITE MAY CONTAIN INFORMATION THAT INCLUDES OR IS BASED UPON FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF THE SECURITIES LITIGATION REFORM ACT OF 1995. FORWARD-LOOKING STATEMENTS GIVE OUR EXPECTATIONS OR FORECASTS OF FUTURE EVENTS. YOU CAN IDENTIFY THESE STATEMENTS BY THE FACT THAT THEY DO NOT RELATE STRICTLY TO HISTORICAL OR CURRENT FACTS. THEY USE WORDS SUCH AS "ANTICIPATE," "ESTIMATE," "EXPECT," "PROJECT," "INTEND," "PLAN," "BELIEVE," AND OTHER WORDS AND TERMS OF SIMILAR MEANING IN CONNECTION WITH A DESCRIPTION OF POTENTIAL EARNINGS OR FINANCIAL PERFORMANCE.

ANY AND ALL FORWARD LOOKING STATEMENTS HERE OR ON ANY OF OUR SALES MATERIAL ARE INTENDED TO EXPRESS OUR OPINION OF EARNINGS POTENTIAL. MANY FACTORS WILL BE IMPORTANT IN DETERMINING YOUR ACTUAL RESULTS AND NO GUARANTEES ARE MADE THAT YOU WILL ACHIEVE RESULTS SIMILAR TO OURS OR ANYBODY ELSES, IN FACT NO GUARANTEES ARE MADE THAT YOU WILL ACHIEVE ANY RESULTS FROM OUR IDEAS AND TECHNIQUES IN OUR MATERIAL.

Results may vary, as with any business opportunity, you could make more or less. Success in ANY business opportunity is a result of hard work, time and a variety of other factors. No express or implied guarantees of income are made when using, joining or purchasing any of the products of services on the ‘iFlip’ Real Estate software platform.