In the world of real estate, time is money. With every rehab property, you work on it is essential that you find a buyer as quickly as possible. The interest payments, insurance, and taxes don’t stop until your property gets sold. The first 24 hours of any new listing is the best time to generate...Read More
Anyone can rehab a property, but not everyone will be successful at it. From the outside it would appear that all you need to do is buy a property, throw some money at it and wait for offers to pour in. If you have ever flipped a house before you know that this is not...Read More
From the outside, flipping a house looks easy. If you watch one of the many programs on rehabbing and flipping it makes it look like every property is a winner. The reality is that if you don’t know what you are doing you can, and will, be disappointed in your results. This is the part...Read More
There are several key factors that go into a successful house flip. For starters, you need to get the property at a price that works for you. Overpaying on the way in will put you behind the eight ball throughout the process. Next, you assemble the right team and do the right work, all while...Read More
All landlords are constantly looking for ways to increase their bottom line. Increased cash flow gives them the ability to do a multitude of things with the surplus. As great as saving money is, you need to know where to draw the line. There are a handful of home improvement projects that almost any landlord...Read More
Getting a good deal on a rehab property is not enough to ensure a profit. If you buy in the wrong market it truly won’t matter how low your offer is. Prior to making an offer, or even exploring a property, there are a handful of key items you need to do your homework on....Read More
Everyone in business makes mistakes. When you are self-employed your mistakes tend to sting a little bit more. Instead of explaining yourself to a boss, there is nobody to blame but yourself. Under the right circumstances a mistake can be used a learning experience. However, if you continue to make the same mistake again eventually...Read More
Most investors understand the benefit of a quality rental property. However, as popular as single-family rentals are there is always hesitation making the leap to multifamily rentals. The reality is that in many ways multifamily properties are much safer and offer a higher return than a single-family property. Furthermore, with additional rents coming in there...Read More
One of the major components in a successful house flip is properly estimating your after-repair value. You can do great work on the property but if you are off the mark with your ARV the deal won’t be as successful as you anticipated. Experienced rehabbers understand that simply making improvements doesn’t always increase the value....Read More
There is more to real estate investing than quick flips and rehabs. While these types of deals are currently the norm, they are far from the only way to dabble in real estate. You can still build a long-term portfolio through rental properties, pass along wholesale deals or form a capital partnership. There are literally...Read More