/Home Improvements
19 02, 2019

Why The Luxury Market Might Be Your Best Investment For House Flipping Right Now

By |2019-02-18T17:49:44+00:00February 19th, 2019|Categories: Business, Due Diligence, Flipping, Foreclosures, Hard Money, Hard Money Loans, Home Improvements, Investment, Investment Properties, Investments, Rehab Loans, REIs, Short Sales, Taxes|Tags: , , , , , , , |0 Comments

House flippers focusing on flipping luxury homes are a part of a rising market. While non-luxury houses aren't flipping as well, this market, if you can afford it is still doing well. Consider that the National Association of Realtors showed that sales of existing homes declined over ten percent in the last year. Starter homes, which are usually a common project for house flippers, are part of a decreasing market. Sales are just down among starter homes. Some of that is because of the higher interest rates too. Many people who house flippers would normally try to sell a starter

18 02, 2019

Five Ways To Get The Best Work From Your Contractors

By |2019-02-18T14:23:08+00:00February 18th, 2019|Categories: Flipping, Hard Money, Home Improvements, Home Upgrades, Investment Properties, Short Sales, Working With Contractors|Tags: , , , , , , , , , |0 Comments

Do you want to get the best possible work out of your contractor? Some contractors have outstanding work habits, but let's face it, not all of them do. Some contractors need a bit more incentive to give you their best work. Here are five ways to make sure you get the best possible work from your contractors. Get The Best Possible Work From A Contractor Meet with your contractor once a day. Make sure you step foot on the job site at least once a day. That creates a kind of accountability. This is when you can get a progress

15 02, 2019

Do You Know The Signs Of A Bad Foundation

By |2019-02-14T23:15:36+00:00February 15th, 2019|Categories: Construction Loans, Due Diligence, Flipping, Hard Money, Home Improvements, Investment Properties, Investments, Real Estate, Rehab Loans, Remodeling Tips, Short Sales, Tax Foreclosures|Tags: , , , , |0 Comments

As a real estate investor, you can save yourself money and time if you know how to spot signs of foundation damage when you first look at a potential investment property. Some minor problems can be fixed, of course. If you only spot minor problems, it's possible that hiring a professional evaluator to check the property may be worth it. Not all foundation issues mean you should walk away from an investment property. But you can save yourself the cost of an evaluation if you can spot the major foundation issues yourself. Keep in mind, you're not just looking at

22 01, 2019

Finding Contractors For Work On Your Rental Properties

By |2019-01-22T21:01:38+00:00January 22nd, 2019|Categories: Commercial, Developers, Hard Money, Hard Money Loans, Home Improvements, Investing, Investment, Investment Properties, Investments, Remodeling Tips|Tags: , , , |0 Comments

Finding good contractors to work on your rental properties might seem like a chore. Hiring undependable contractors can cost you some serious cash. Do you know where to find the best contractors? We happen to have some tips! Perhaps some jobs at your rental property are too complex, too tedious, or just too unappealing to do the work yourself. If you’re investing in real estate but you’re not going to be doing all of the work yourself for whatever reason, you'll need reliable, skilled contractors. Word-of-mouth really is best. That doesn't mean you should rely completely on online testimonials from

17 01, 2019

Going Green As A Real Estate Investor And Landlord

By |2019-01-17T13:41:05+00:00January 17th, 2019|Categories: Hard Money, Home Improvements, Home Upgrades, Investing, Investment, Investment Properties, Leases, Leasing Your Property, Tenants|Tags: , , , |0 Comments

Did you know that as a landlord you can actively employ green spaces to increase retention rates, competitiveness, property value and a sense of community? We recently discussed how community gardens in multifamily units are amenities that can set your rental property apart from the competition. If opting to include green spaces like a community garden or adding a green roof instead of a traditional roof, you will need to establish some ground rules, of course. Establishing Ground Rules For Green Spaces On Rental Units Generally, people interested in community gardens will want to avoid pesticides. Part of the allure

5 12, 2018

How Much Effort Should You Put Into A Bathroom When House Flipping?

By |2019-01-21T15:50:37+00:00December 5th, 2018|Categories: Flipping, Hard Money, Home Improvements, Home Upgrades, Investment Properties|Tags: , , , , , , , |0 Comments

House flipping is all about fixing and reselling a house fast. So, the idea of a complete bathroom remodel is daunting. Should you do it? You may assume that a full bathroom remodel will sell the house faster, but realtors report that it's not usually the case. Assuming the bathroom is functional, what efforts really result in a return on the investment when it comes to bathrooms? Remember, when flipping houses, time is also an important factor! The truth is that relatively inexpensive changes to bathrooms are usually enough to help sell that property and bring a return on your

26 11, 2018

Do You Have The Skills To Create Enough Sweat Equity From Flipping Houses?

By |2018-11-24T09:34:16+00:00November 26th, 2018|Categories: Flipping, Hard Money, Home Improvements, Investment Properties, Investments, Tax Foreclosures|Tags: , , |0 Comments

Are you thinking about flipping houses professionally without existing wealth? The real cash in flipping houses comes from sweat equity. That's while you'll see professional builders, carpenters, and other handy skilled tradesmen in the house flipping business doing well for themselves. These people know enough about home repairs and renovations to create the sweat equity to make flipping houses profitable. Often you will find skilled tradesmen who flip houses during the winter when they are out of work for the season. This helps contribute to an annual income, because the unemployment checks certainly won't cover all their family expenses. Oftentimes,

25 11, 2018

Number One House Flipping Mistake New Investors Make

By |2019-01-21T15:49:39+00:00November 25th, 2018|Categories: Flipping, Hard Money, Home Improvements, Investing, Investment, Investment Properties|Tags: , , , , |0 Comments

Flipping houses is an expensive proposition. It's usually reserved for the wealthy or the bod, because there are risks involved. The number one most common mistake investors make while trying to flip a house is running out of money. Keep in mind, even though interest on borrowed money is tax deductible, typical interests rates are rising, so making a profit can be harder than it used to be with traditional funding sources. Though your profits will vary, the average gross profit from house flipping is $65,520 per house. Remember though, that's gross profit, not net profit. Too many times, house flippers

2 10, 2018

Issues To Look Out For With Distressed Properties

By |2018-10-02T12:51:43+00:00October 2nd, 2018|Categories: Flipping, Foreclosures, Home Improvements, Investment Properties|Tags: |0 Comments

Distressed properties are often purchased in "as is" condition. The seller doesn't offer any kind of warrant. Of course, you know that you should beware of properties like these. Still, distressed properties for sale often have a huge potential for making a profit. So, if you decide to purchase a distressed property, just be aware of some hidden problems. Keep a close eye out for termites and carpenter ants. Even if they're long gone, they may have left behind enough damage to be a serious issue. Look for rotten wood, obviously. But also check for thin tubes of mud and

16 09, 2018

Immediate Action When Presented With Ice Dam

By |2018-09-15T12:48:27+00:00September 16th, 2018|Categories: Home Improvements, Investment Properties|Tags: |0 Comments

If you've found that one of your rental properties has an ice dam, you should take immediate action. First, remove the snow from that area of the roof, because it will remove one of the important ingredients for the formation of an ice dam. You can use a roof rake for this, but keep in mind it may damage the roofing materials. If water is literally flowing into the structure, you will need to deal with this immediately. Make channels through the ice dam lets the water stuck behind the dam to run off the roof. Warm up the ice