A little dab of this and a little dab of that, a third of this, hold that, buy and sell and put it in the oven, bake and serve up some Armando Montelongo steak and lobster. Pass the butter please. Yes, you can be your own chef like Armando Montelongo and cook up some tasty Real Estate deals during this time of foreclosure hell's kitchen cookskapade. You don't have to flip a pancake when you can flip a house.
If you cant take the heat, get out the kitchen.
The Real Estate housing market is not cooking the way most would like to see. Its a buyers market which is like letting the customers run the kitchen at a restaurant. If the food is bad, a customer will sometimes send the plate back to the kitchen. In Real Estate, you really only want to do the process of flipping a house once. You don't want to have to send it back to the kitchen because that would mean a loss in profit for mistakes made.
The way to cook a successful real estate deal, is to analyze your financial plans and make sure that the menu items that you are cooking up are the correct ones the first time you cook it up. Armando Montelongo has a show called Flip This House which is about buying and selling and fixing up real estate properties. He is his own boss. Its like being your own chef. And you don't have to leave a tip.
