If you're listing a house for sale this fall - especially one you've been working on all summer - there are a few mistakes you should avoid in order to sell it quickly and at the right price. Check out this list of three no-gos for selling a house in fall. Selling a Flip This Fall? Don't Do This to the Porch When you're selling your flip in the fall, never: Overdecorate the porch Let leaves and other debris build up in the corners Neglect the windows and front door Let's take a closer look at each of these. #1.
If you're new at real estate investing, check out these three mistakes you just can't afford to make. New REIs: 3 Mistakes You Don't Want to Make Thinking it's easy Waiting for traditional financing Chasing too many bargains Let's take a closer look at each. #1. Thinking it's easy House flipping isn't an easy job. It requires just as much knowledge and hard work as investing in other areas - like the stock market. And while it looks easy on TV, there's a lot that ends up on the cut floor. You can't really just scoop up a property, make
Hanging on to a property and renting it out can be a tremendously profitable endeavor - but should you try it? Maybe. Here's what you need to know. Should You Buy a Rental Property? Flipping houses - the process of buying an affordable home, fixing it up and selling it for a profit - isn't for everyone. It's a bit too risky for some, although it can pay off to the tune of tens of thousands if done properly. But buying a rental property might be a good choice. If you're going to be a landlord, here's what to look
In recent blog posts, we've discussed how to attract Millennials to rental properties, what Millennials want from their rental properties, and how to market to Millennials. But why should property investors care what Millennials think? The reason why investors need to care about what Millennials want and what Millennials think is two-fold. First of all, non-Millennial investors are about to face competition from Millennial property investors. These investors are fully prepared to offer their own generation exactly what they want and to market to their generation in exactly the manner that will attract attention. In business, you must stay competitive.
In a previous blog post, we discussed what Millennials want from their rental properties. Now, we're going to explain how to attract Millennials to these properties you've designed for them. If you're marketing to Millennials, you are aware that your marketing really must include a strong online presence. But are you sure you're including the right information in this online marketing material? Here are several things you should include in your marketing material in order to capture the Millennial rental market. Interactive Maps To Key Places There are several ways to include interactive maps on your rental property's webpage including
Millennials are the largest generation we've ever had. If you own rental properties, it's wise to know what this generation is looking for in a rental property. Here are the main factors Millennials are looking for in a rental property. Close To Work Millennials like to live near where they work. They aren't as concerned about the quality of schools or whether or not the neighborhood is quiet. They are mostly seeking rental properties close to work. They don't want to commute far. If they can ride their bike or walk to work, even better. They're also happy to hop
There are over 75.4 million Millennials in the US and over 55 percent of them polled by Harris Interactive said they were interested in real estate investing. Couple this fact with the Bank of America Survey that claims that one in six Millennials have more than $100K in their savings, and you can see that this generation is sure to alter the real estate investing forecast. More Millennials believe that real estate investing produces better returns than the stock market. More than eight out of ten of them believe that real estate is a good investment according to a Fannie
When flipping a house, your end goal is to make a comfortable profit, but sometimes things happen that are outside of your control. You will still need to plan for these things. That sometimes means having a different exit strategy than simply selling the house for a large profit quickly. If you aren't guaranteed a profit, will you choose another route? Do you have alternate exit strategies planned? Here are some things that could happen that could affect your plans to flip a house quickly at a profit: The economy could change. Financing rules could be changed. The market could
House flipping isn't really like it is on TV. To be a successful house flipper, you have to know how to do it right. Here are three things that successful house flippers do that are too boring for television and too important for you to not know. House flippers don't buy houses at full retail price. What would be the point? If you pay full price and then make improvements, you're not going to make much of a profit, if any. You need to purchase a house that is genuinely prices to sell. You have to find a home in
If you're trying to decide what kind of flooring to use in your kitchen, you will need to consider what you want out of it. Are you hoping to increase the property value over the value of a typical kitchen? Are you hoping to find something durable for a rental unit? Do you need something installed fast? Let's discuss the options. First of all, you won't want to put carpet in virtually any kitchen. Buyers won't be impressed. Renters will yuck it up in a hurry. If you just need something inexpensive and fast, you might choose sheet vinyl. Say