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27 05, 2020
  • Home Improvements That Matter Most to Millennials (Part 2 of 2)

Home Improvements That Matter Most to Millennials (Part 2 of 2)

By |2020-05-20T18:51:39-04:00May 27th, 2020|Categories: Hard Money|0 Comments

Millennial home buyers are in search of turnkey properties and want to steer clear of homes that are in need of potentially pricey repairs, a recent study by the National Association of REALTORS revealed. These young adults currently make up the largest share of home buyers in the nation. As you plan your next flip consider the following home improvements that matter to them most so you can make a millennial match. Owner’s Suite and Simple Simply put: your owner’s suite, or master suite, should create a relaxing atmosphere for your homeowner. It should be a retreat from the rigors

22 05, 2020
  • Home Improvements That Matter Most to Millennials (Part 1 of 2)

Home Improvements That Matter Most to Millennials (Part 1 of 2)

By |2020-05-20T18:51:03-04:00May 22nd, 2020|Categories: Hard Money|0 Comments

A recent study by the National Association of REALTORS® revealed that millennials are in search of turnkey properties and want to steer clear of homes that are in need of potentially pricey repairs. As you plan your next flip consider the following home improvements that matter most to these young adults, who currently comprise the largest share of home buyers. Curb Appeal Can Help You Seal the Deal Curb appeal is your first chance to wow millennials, and any buyer, and to show that your house is the total package. A well-maintained exterior and landscape promise buyers that great things

16 05, 2020
  • 4 Ways to Make the Most of a Small Kitchen

4 Ways to Make the Most of a Small Kitchen

By |2020-05-20T18:50:48-04:00May 16th, 2020|Categories: Hard Money|0 Comments

If you’re flipping a house with a small kitchen there are some clever ways to maximize the use and appearance of your space. Consider these tricks to make the most of what you’ve got. See-Through Seating When you’ve got a kitchen with a small footprint you need to make every effort to maintain clear lines of sight and to avoid blocking views. The clear, see-through nature of Lucite barstools can keep your kitchen looking light and airy, and they won’t hide the lower portion of your island or peninsula if you plan to make a design statement with tile, reclaimed

11 05, 2020
  • 3 Flip Upgrades That Don’t Always Pay Off

3 Flip Upgrades That Don’t Always Pay Off

By |2020-05-09T09:14:08-04:00May 11th, 2020|Categories: Flipping, Hard Money|Tags: , , , , |0 Comments

You want to make your flip as appealing as possible to potential buyers, but over-improvements and ill-conceived changes could hurt your bottom line, or even jeopardize the sale of your flip. Consider these scenarios before your next project. Uber-Upgraded Kitchens There are upgrades, and then there are upgrades. The latter isn’t always a great thing. For example, if you invest $80,000 on a super high-end kitchen in a home where the neighborhood comps are $200,000 you may not recoup your investment, and your kitchen will eat into your bottom line. Also, if you do an uber upgrade in your kitchen

6 05, 2020
  • 3 Fundamentals for House Flipping

3 Fundamentals for House Flipping

By |2020-05-09T09:13:36-04:00May 6th, 2020|Categories: Flipping, Hard Money|Tags: , , , |0 Comments

If you want to be a successful house flipper you’ve got to practice the right habits and strategies. Here are three key flipping fundamentals that can carry you through any project. Timing Is Everything Be smart about the timing of your flip. To increase your chances for a successful resale it’s best to flip when there is a low inventory of available homes on the market. Any good product tends to sell best when the competition is scarce. Roll With the Punches During a flip you may remove a floorboard or a wall and uncover termite damage to floor joists

1 05, 2020
  • Considering Travertine Floors for Your Flip - Let’s Talk Positives and Negatives

Considering Travertine Floors for Your Flip? Let’s Talk Positives and Negatives

By |2020-05-09T09:13:17-04:00May 1st, 2020|Categories: Hard Money|Tags: , , , , |0 Comments

Travertine is a timeless stone that’s typically found in the mountains of Mexico, Italy, Turkey, Peru, and Iran. It’s stylish and durable, but it doesn’t come without its drawbacks. If you’re considering travertine for your flip take a look at some of the pros and cons. Positives Appearance Travertine is available in a variety of earth tones, like tan, beige, grey, off-white, rust, and brown. It has a surface that’s more subtle than granite or marble, and can give your floors a sense of old-world style. Over time travertine floors develop a patina, which can give them distinct character. Durability

27 04, 2020

Couple Uncovers Hidden House Feature During Renovation

By |2020-05-09T09:12:57-04:00April 27th, 2020|Categories: Cleaning, Hard Money|Tags: , , , , , |0 Comments

Home renovations uncover lots of things—some good, some bad. As a house flipper you know this firsthand. So when a Wisconsin couple unearthed a hot tub hidden beneath their home office they knew there was a chance they could end up in hot water—in a good way. The presence of the hot tub did not come as a surprise to homeowners Mark and Jenny Ronsman. The home’s previous owner had given them a heads-up. “The elderly woman who sold us the house said they got older and stopped using it,” Mark said, according to Yahoo News. “So they converted it

22 04, 2020
  • Red Flag Flips - Signs That You May Need to Skip a Flip (Part 2)

Red Flag Flips: Signs That You May Need to Skip a Flip (Part 2)

By |2020-05-09T09:09:47-04:00April 22nd, 2020|Categories: Hard Money|Tags: , , |0 Comments

Don’t let the profit potential of a flip cloud your better judgement. A property that appears to be a financial homerun could wind up being a money pit if you’re not careful. Beware of these red flags that may mean you need to skip a flip. A Substantial Price Drop The house you’re currently considering was initially a little overpriced, and for that reason you passed it up. A modest price drop of a few thousand dollars helped renew your interest. No red flags there. But when the price of a property is severely discounted, for instance by the tens

16 04, 2020
  • Red Flag Flips - Signs That You May Need to Skip a Flip (Part 1)

Red Flag Flips: Signs That You May Need to Skip a Flip (Part 1)

By |2020-05-09T09:09:14-04:00April 16th, 2020|Categories: Flipping, Hard Money|Tags: , |0 Comments

While you’re in the flipping business to make money, profit potential shouldn’t be your only consideration when deciding whether or not to purchase a property. Beware of these red flags that may mean you need to skip a flip. Lots of Homes for Sale in the Neighborhood If there are lots of homes on the market in the neighborhood it could simply be happenstance, or it could be a red flag that a larger issue is at play. Perhaps land nearby is going to be purposed for something that homeowners don’t want to live near, like a commercial development, or

11 04, 2020
  • The Popularity of Porches - Trends Show Why Your Flip Needs One

The Popularity of Porches: Trends Show Why Your Flip Needs One

By |2020-05-08T23:31:53-04:00April 11th, 2020|Categories: Flipping, Hard Money|Tags: , , |0 Comments

Nearly 65 percent of new single-family homes built in the U.S. in 2018 had porches, according to data from the National Association of Homebuilders (NAHB) and the U.S. Census Bureau. In what part of the country were porches most common? In the East South Central. Ninety-four percent of single-family homes built in the East South Central division, which includes Tennessee, Kentucky, Mississippi, and Alabama, were built with porches. Seventy-four percent of newly-built homes in the Mountain division (Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, and Wyoming) had porches. In the Pacific division, which includes California, Washington, Oregon, Hawaii, and