John and Corinne Tesh
3 Keys for Making a Splash in a New Market
Whether you are selling your first house or your 500th, nearly every investor fears that “what next?” moment. You’ve been marketing for leads and the process is working. The phones are ringing off the hook. You’ve got a property under contract, but now you’ve got to do something with it ...
Moving Your REI Business To A New Market
Have we lost our minds? We were asking ourselves this question for the first few weeks after we moved our business to new – and unfamiliar – territory. After living in one city for all of John’s life, we picked up our HomeVestors of America franchise not long ago and ...
Social Media Gets Home Rehabs Noticed Fast
In our work as HomeVestors of America franchise owners for the past two years, we’ve found that social media gives us an extra boost. Of course, first, there’s the purchase of the distressed home (with all the calculations that go into the selection) and the hard rehab work. But fix-and-flip ...
So you have your first property under contract, and you’re ready to get started and hire a contractor. What now? This was the question that confronted us on our very first project. We had already done the business basics: formed an LLC for our company and got our EIN number, ...
Have you ever gotten your retirement account statement, thrown it on your desk and never opened it? That was our dilemma month after month. Finally, we were so frustrated by the ups and mostly downs of the “Wall Street Casino” that we started doing our own research and came across ...
So you want to be a real estate investor? Wondering where and how should you start? When we started our business in 2012, we attended a three-day boot camp that got us hooked and started us on our real estate journey. Building a foundation for your business starts with building ...
It’s your first time flipping a house, and it’s almost ready. Now what? That’s a question we hear a lot. While our business model is mostly wholesale properties, we will flip six or eight houses a year and have learned you have to start marketing the properties even before the ...
Case Study: A House Rehab in Greensboro NC
Editors Note: The following is a case study of one rehab deal, courtesy of John Tesh, who with his wife, Corinne, owns Citygate Home LLC in Greensboro, N.C. We found this house by a referral from a past customer. She knew we paid cash for houses and closed quickly. The owner was ...
Using a Scope of Work - Especially a Detailed One - Can Prevent Misinterpretation and Save You Big Money No matter what size project we undertake, we always put together a scope of work. This can be as simple as writing specifications on a legal pad or a multiple-page document ...
How we added a second bathroom during rehab and saved a great deal
We found this house by a referral from a past customer. She knew we paid cash for houses and closed quickly. The owner was in trouble and getting ready to go into foreclosure. It didn’t fit our normal house-buying model, but we knew we needed to help her. We put ...
