What are the Essential Steps in House Flipping?
Getting started in the house flipping industry can feel overwhelming. To be successful, preparation is key. Familiarize yourself with the process and how to move through each phase as seamlessly as possible. Below are the essential steps in house flipping and what you need to know about each one. Enjoy! Step 1: Research The first […]
Why Have Fix and Flip Loans Become So Popular?
Flipping houses is at its highest level since 2006, says a Trulia study. Part of the hype comes from house flipping TV shows that make the work appear attractive. Even the celebrities are doing it! People want to give the experience a try and see what type of money they can make. Flipping houses is […]
3 Questions to Ask Residential Hard Money Lenders Before Finalizing the Deal
We all get excited over certain opportunities, and a good real estate investment is no exception. Hard money lenders know that timing is everything in this market, so they are willing and capable of working fast. However, there’s no substitute for careful research and sound judgement before finalizing a deal. The last thing you want […]
Which Renovations Will Pay Off When I Sell My House?
It’s well-known that the two rooms that really sell a home are the kitchen and master bath. It’s wise to put your dollars here if you plan on selling in the near future. Before you start ripping out cabinets and knocking down walls, consider your target buyer as well as the other properties in your […]
The Beginners Guide to Real Estate Investing
If you’re just starting out in the world of real estate, you’ll discover that there is plenty to learn. Unlike investing in stock, real estate has financial and legal implications to consider. However, as you begin to make smart decisions about the real estate you invest in, you’ll become more comfortable in the process. Some […]
E-Auctions: How This Can Benefit Property Buyers
When most people think of a real estate auction, they envision distressed properties being sold by banks and other financial institutions to recover lost money. The perception of real estate auctions has been largely negative, especially when considering the involvement of the banks and the types of properties up for sale. But things are changing. […]
The 5 Best Cities for Flipping Houses
Flipping houses can be successful in many towns and cities, but some are better than others. Before you get your hands dirty, take the time to learn about real estate, construction and how much your initial investment should be. Also familiarize yourself with housing prices in your area and what you can make by flipping […]
Top 3 Reasons for Choosing Hard Money Loans
Every real estate investor should keep hard money loans in mind. Speed and flexibility are two of the biggest perks, but there are many other reasons why these loans are beneficial. Though it’s true that the interest rates for hard money loans are higher, these sources have allowed the real estate market to continue moving […]
The Most Challenging Rooms to Renovate
The most challenging rooms to renovate are also the ones that sell a home. Can you guess what these two rooms are? The kitchen and master bathroom. Kitchens and Bathrooms Sell Homes Home buyers judge the kitchen and master bath most closely for a couple of reasons. First, these are the two places where they […]
Role of Local Market Conditions on Property Prices
Several factors affect property prices, specifically, the economy, interest rates, mortgage availability and supply and demand. Since each location is unique, it’s difficult to generalize how properties are selling on a national level. That’s why your local market conditions are your greatest predictors of how quickly your home will sell and at what cost. If […]