Do you want to be a rehabber but don’t know how to operate an electric screwdriver? As crazy as it may sound you don’t need to be a handy person to be a rehabber. Sure, it is a help but far from a prerequisite in getting started. There are many rehabbers all over the country...Read More
Not every rehab and flip deal you get involved in will be successful. With poor planning and unrealistic numbers you can and sometimes will lose money. As much as investors don’t want to hear this they need to recognize the possibility. All it takes is a few small mistakes to turn a profitable looking property...Read More
Real estate house flipping is as hot as ever. A majority of new real estate investors enter the business with rehabs and flips as their primary focus. One of the main reasons for this is that anyone can do it. You don’t need a degree or eight years of education to close your first deal. ...Read More
The change of calendar is a great time to assess where you are in your business. Right before the ball dropped you probably made a few resolutions that you swore you would stick with this year. These are the changes to your lifestyle or your business that you have been meaning to start since the...Read More
Being a house flipper is very much like running a separate business. Even if you know what you are doing it often takes a full time commitment to be successful. The perks of flipping houses are plentiful but you need to know exactly what you are getting into before you get very far. Without knowledge...Read More
As a real estate investor it often gets lost that you are actually running a business. Like any other business you need to stay on top of market trends, numbers and lead generation. By focusing too much on any particular niche or individual deal eventually you will find yourself in trouble. The best investors are...Read More
In real estate numbers are everything. You can personally love a property but if the numbers don’t work you need to walk away. When you come across a new property how quickly you can process all of the data and assign a value is critical. Although value is always at least partially subjective there are...Read More
As a house flipper your job isn’t over until the property is sold. You can do great rehab work but until you are at the closing table there is still more to be done. Every day that you own the property you are on the hook for the carrying costs and other expenses. It is...Read More
If investing in rehab properties is your focus a quality contractor is essential. A good contractor will improve your bottom line and help get your projects done as quickly as possible. Conversely a poor contractor will make every day on the property feel like a nightmare. As wonderful as finding the right contractor is it...Read More
The most successful real estate investors recognize the importance of surrounding themselves with a solid team. Not only does a strong team help in reaching your goals but it makes your life that much easier. Instead of trying to do every task yourself you will be comfortable letting go and focusing on other areas. Anyone...Read More