Demand for housing is on the rise across the county, thanks to a boost in the economy and soaring rent prices. While a thriving economy has obvious benefits, it can make acquiring properties to sell at decent prices much more difficult; not to mention more expensive. A seller’s market can be frustrating, but it’s important… Continue reading Expanding Geographic Criteria in a Seller’s Market
Vacation Rentals 101
Rental real estate investing can be an excellent source of income. However, the type of rental property you choose to offer can make all the difference in your bottom line. Consider this– properties that are used as a vacation rentals can go for 25% – 50% MORE per WEEK than typical long-term monthly rental properties.… Continue reading Vacation Rentals 101
Preparation Series – Post #4
Knowing what to do and what not to do BEFORE you purchase a property to flip can make all the difference. Preparedness is key! Here are 10 more things to consider before starting a new property flip: #14: GET TO KNOW THE NEIGHBORS Talk to the owners of the homes near the property you want… Continue reading Preparation Series – Post #4
Preparation Series – Post #3
We continue our preparation series today, with five additional things to consider when you are flipping a property. Being prepared before you start the flipping process will eliminate unnecessary stress and financial burden. #9: Know What You Want Have you ever heard the phrase, “It doesn’t matter which road you take if you don’t know… Continue reading Preparation Series – Post #3
Preparation Series – Post #2
Today, we continue our series on how to be best prepared for your next property flip. According to Benjamin Franklin, “An ounce of prevention is worth a pound of cure.” Save yourself the stress and financial burden that come with being unprepared by following our blog! #4: Harness Your Fear Don’t let fear keep you… Continue reading Preparation Series – Post #2
Preparation Series – Post #1
Have you ever found yourself unprepared for a situation? No towel when you get out of the shower? Someone ate the groceries you were supposed to have for a recipe? An emergency business trip and your luggage may (or may not) be in the basement that flooded last week? There are many reasons why you… Continue reading Preparation Series – Post #1
More Bang For Your Buck: Renovation Projects that Yield the Best Returns
When fixing and flipping a real estate property, you no doubt have discovered that there are many renovation projects to choose from. Typically, necessary repairs are obvious and often required to flip the property; but when it comes to improvements and upgrades, the decision process can be significantly harder. Your profit margin will be affected… Continue reading More Bang For Your Buck: Renovation Projects that Yield the Best Returns
Hard Money Going Soft
Hard money is getting softer these days. Traditional hard money has been provided by private individuals lending their own funds or funds pooled together from friends-and- family. With the historically low rates we have experienced over the past few years, institutional investors (Wall Street) are looking for ways to increase the yield they earn on… Continue reading Hard Money Going Soft