In this episode of the Invest for More Real Estate Show, Carter goes over the ins & outs of Flood Insurance on property. It is a vital part of your initial review of a property to verify if it needs flood insurance or not. 

Flood insurance can be looked up by going to fema.gov & doing a quick search of the property address. If you are in a 100 or 500 year flood plain you WILL need insurance. But make sure you don't get a FEMA flood insurance policy for your property. 

You will grossly overpay & spend unnecessary money. Talk with an Insurance broker and see if they can bind a policy through Lloyd of London. 

To connect with Carter go to https://www.sellfoxvalley.com/

Instagram @cartercrowley_

Facebook @ Carter Crowley

In this episode of the Invest for More Real Estate Show, Carter goes over what the future will look like for his business & his family. Although it is not smart to always think in future terms, you do need a vision as to where you will take your family on this journey we call life. 

Don't get content with just being average, strive to achieve in do more in your life. Money is an extremely important part of creating amazing memories with your family & it does need to be a top priority when you are analyzing your future. 

If you want to join with us on this real estate journey to building massive wealth connect with me online at https://www.sellfoxvalley.com/

or on social media

Instagram @cartercrowley_

Facebook @Carter Crowley

In this episode of the Invest for More Real Estate Show, Carter goes over why he LOVES Facebook ads for finding motivated homeowners. He had experienced the trails and tribulations with getting Facebook ads up & running, but now they are fully functioning in their marketing process. 

Facebook is improperly used by so many real estate investors and that is why you SHOULD NOT copy their ads. Most of the time, the Facebook ads are not generating a profit & literally just costing money each month. 

If you want to learn more about online marketing for real estate investors or connect with Carter go to https://www.sellfoxvalley.com/

Instagram @cartercrowley_

Facebook @carter crowley

In this episode of the Invest for More Real Estate Show, Carter goes over how newbie investors should add value to more experienced investors to learn the trade. The reason why so many new investors fail or never get started is because they are not willing to make the upfront sacrifice for future gain. 

New investors need to be willing to put in the work for little monetary gain at first, and they will receive exponential benefits down the road. Just think if you shadowed an investor who owned 100 rental units for a few weeks. Would you gain knowledge on rental property? How about managing tenants? 

The skills you will learn from shadowing experienced investors will be life changing advice! 

To connect with Carter online  go to https://www.sellfoxvalley.com/

Instagram @cartercrowley_

Facebook @Carter Crowley

In this episode of the Invest for More Real Estate Show, Carter goes over how the FHA flip rule can be a wild surprise if you aren't aware of it! The basic concept of the rule is that you cannot sell a property for more than 2x the original sale price within a 90 day window. 

This means, if you buy a house for $50,000, you cannot sell it for over $100,000 within 90 days of the deed being recorded. We have run into this issue on numerous occasions and the best way to handle it is by letting you Realtor know you cannot take any FHA offers until day 91. 

Again, you do NOT want to be caught in a situation where you accept an FHA offer before then because this will delay your closing process & potentially kill the deal! 

To connect with me online go to https://www.sellfoxvalley.com/

Instagram @cartercrowley_

Facebook @carter crowley

In this episode of the Invest for More Real Estate Show, Carter goes over the basic concept of an LLC with real estate investing. Although it is not needed to buy your first property, if you start building a portfolio or doing more than 1 deal a year I would highly encourage it. 

Different corporate entities will be beneficial for tax advantages as well as legal protection and you should discuss this with your accountant & attorney prior to setting up. 

Currently, my business CB Home Solutions, is structured as an LLC operating as an S-Corporation. 

If you have any questions or want to connect online go to https://www.sellfoxvalley.com/

Instagram @cartercrowley_

Facebook @Carter Crowley

In this episode of the Invest for More Real Estate Show, Carter goes over 3 things you should NEVER bring up when in conversation with a seller. It will lead to you falling out of rapport & not locking up the deal. 

At some point in my investing career, I struggled with all 3 of these skills and it lead me to not locking up as many potential deals as we could. Learn from my mistakes & allow yourself to have massive success buying deeply discounted off-market property. 

Connect with me online at https://www.sellfoxvalley.com/

Instagram @cartercrowley_

Facebook @Carter Crowley

In this episode of the Invest for More Real Estate Show, Carter goes over how to handle some common objections that most investors will face. Especially if you are cold calling homeowners, you need to know how to handle their concerns when they show face in a conversation. 

The best thing to do is be truthful with them & upfront. You do not want to be caught in a situation where you made a homeowner feel uncomfortable on the phone & they report you to local authorities. 

Be a problem solver! 

To connect with me online https://www.sellfoxvalley.com/

Instagram @cartercrowley_

Facebook @Carter Crowley

In this episode of the Invest for More Real Estate Show, Carter goes over some of the unfound ways investors are profiting nowadays in their flips or rentals. As margins start to get tighter, investors need to become more creative! This leads to finishing off basements or attics. Adding value through moving walls or entire layouts of the property. 

If you have a project you are considering, but don't know how to make the numbers work please reach out to see if we can guide you! 

I can be reached at https://www.sellfoxvalley.com/

Instagram @cartercrowley_

Facebook @Carter Crowley

In this episode of the Invest for More Real Estate Show, Carter goes over some of the biggest mistakes newbie investors make. Are you guilty of overspending on a rehab just to make it look pretty? What about fudging your after repair value numbers to make the purchase price make sense? 

In my experience, it is best to be conservative on all of your values, timelines, and materials used in your projects. You want the remodel to turn out nice, but there is no need to go excessive especially on an average grade house. 

To connect with Carter go to https://www.sellfoxvalley.com/

Instagram @CarterCrowley_

Facebook @Carter Crowley