As anyone who has remodeled a home can tell you, the renovation TV shows make it look too easy. Flipping a home is hard work. However, the reason that so many people get into the home-flipping game is because the results of that work can often be worth it. According…
Determined or Delusional? Are You Ready to Flip a House? The difference between a successful house flip and a “get rich quick” scheme that will have you headed for bankruptcy is often the degree to which the flipper is prepared. If you believe the infomercials and false hype that anyone,…
8 Bathroom Remodel Trends To Improve Your Home’s Resale Value While bathroom remodels and renovations can quickly eat through any budget, they are one of the most effective ways of improving a home’s desirability to buyers. A great bathroom remodel can sell the whole house. By starting with a clear…
Virtual Staging is Finally Here, and It’s Perfect for Houseflippers! What is Virtual Staging? Have you heard of virtual staging? While it may sound like a futuristic tool for realtors, it’s actually an accessible and inexpensive way to help sell your investment properties. By showing potential buyers a “lifestyle” photo…
Choose the Right Countertops for Your Houseflip Flippers know that kitchens and bathrooms sell a house. As the two rooms that buyers will focus on, these rooms deserve extra attention from rehabbers. Buyers want to see clean spaces that will hold up to heavy use that also feel comfortable to…
A ‘Who’s Who” For Real Estate Investors Remember all the new people you met on your first day at your job? Not only was it hard to remember all their names, but you were also probably trying to remember who was responsible for what. Those first few days are difficult…
Start Strong: Build Your Financial Foundation First! Ready to start searching for a distressed house to flip for profit? Not so fast! Finding a house to flip is not the first step to becoming a successful real estate investor. The hours you spend searching for that special property would be…
Why Choose a Lender That Requires Less Cash to Close? Some real estate investors have an abundance of cash, while others are cash poor with a healthy income. Still other potential investors may be both cash and income poor. Within each of these various financial situations are several other variables…
THE BORROWER’S TEN COMMANDMENTS Thinking about breaking one of the Borrower’s Ten Commandments? It’s not a good idea. You’ll find that lenders will not easily absolve you of the borrowing sins listed below. You may even find yourself in credit purgatory for several years if you have repeated transgressions. Avoid…
The Speed of a Draw Release From Your Lender Matters. Do You Know Why? Choosing the right lender to fund your house flip can be a make-or-break decision. Successful real estate investors know not to take this decision lightly. Making a smart choice involves getting potential lenders on the phone…