Real estate investing can be rather passive with rental properties but house flipping requires repairs and improvements. Successfully flipping a house is about knowing the market, getting a good deal and working hard to turn that property into a buyer’s delight. When you first invest in a home, it can be extremely overwhelming when you start to explore the many upgrades and fixes that it is going to need. Most homes can’t be flipped without Continue reading
If you’re thinking about investing in real estate, you’ve made a good decision. If you’re interested in investing in rental properties, you’ve made an even better decision. Real estate is one of the strongest and most stable investments available. Real estate properties appreciate over time, just like stocks, but the beauty of real estate properties is that you can do other things with them while you’re waiting. If you already have somewhere else to live, then one of the best ways to use your new real estate property is as a rental property. Here are a few reasons that investment rental properties are so great, as well as a couple of ways to finance your new property. Continue reading
It’s no secret that flipping properties can yield some pretty impressive profits. Perhaps you’ve seen television shows, such as the popular “Flip or Flop” on HGTV, where the investors make flipping a property and making tens of thousands of dollars in profits look easy.
Unfortunately, successfully flipping a property is much easier said than done. And if you’re thinking about throwing your hat into the house-flipping ring, there are some vital mistakes you’ll want to know how to avoid before you even get started. Continue reading
What are the most important renovations to make? This is the most common question people ask before starting a renovation project. The possibilities are endless. However, increasing the value of your home should be at the top of your list. You do not want to overspend, which decreases your return. Instead, you want to spend wisely for a large return. Following, are some areas to focus your renovations towards. Continue reading
While the thrill of the hunt for that perfect property can be a real draw for some, a serious fix and flip investor is aware that rehabbing a property takes talent, time, and money. If you are planning to make a real career of fix and flip investment, you must be ever watchful regarding the profitability of each investment. How can you maximize profits when rehabbing properties? Consider the following tips: Continue reading
When it comes to fix and flip financing, sooner is almost always better than later. Why do we say that? When you find a truly good potential property, you must make an offer on it quickly or lose the chance to make a substantial profit on your investment. Since this is the case, traditional lending sources such as banks and mortgage companies may not be your best source of financing options because they lack the ability to quickly fund your loan. Typical funding dates for conventional lenders are often set thirty days into the future, which can be an eternity in the fix and flip culture. Continue reading