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11 02, 2021
  • Have You Considered Heated Driveways for Your Flip?

Have You Considered Heated Driveways for Your Flip?

By |2021-02-15T15:10:08-05:00February 11th, 2021|Categories: Flipping, Home Improvements, Home Upgrades, Investment Properties, Remodeling Tips, Tips|Tags: , , , , , |0 Comments

Although many of your projects may be located in southeastern parts of the country, where the prospect of snow is less likely than in other areas, states in that region do see snow. In North Carolina, for instance, the capital city of Raleigh averages 7.5 inches of snow a year, Charlotte gets about 6.5 inches each winter, and the northwestern town of Boone averages about 35 inches of snow annually. Those figures don’t account for extreme weather. Just last year in mid-December a nor’easter threatened states from North Carolina to Maine, dropping ice in many parts of the Tar Heel

1 02, 2021
  • Most Homebuyers Made Offers Site-Unseen in 2020, According to Redfin

Most Homebuyers Made Offers Site-Unseen in 2020, According to Redfin

By |2021-01-16T22:05:45-05:00February 1st, 2021|Categories: Investment, Investment Properties, Selling|Tags: , , , , , , |0 Comments

House flippers, you may receive an increasing number of offers on your properties from out-of-state buyers. A record 63 percent of homebuyers made offers on a property last year without actually seeing them in person, Redfin reports. That’s an increase of 31 percent over November 2019. Redfin surveyed over 1,900 homebuyers across 32 major markets during the months of November and December, and in mid-January, said sight-unseen offers have never been more popular since it first began collecting data of this nature five years ago. The surge is due to an increase in virtual home tours as a result of

6 01, 2021
  • The Top 10 Housing Markets Predicted for 2021 – Countdown Part 2

The Top 10 Housing Markets Predicted for 2021 – Countdown Part 2

By |2020-12-22T16:14:26-05:00January 6th, 2021|Categories: Flipping, Investing, Investment, Investment Properties, Investments, Potential Markets, Real Estate, Tips|Tags: , , , , , , , |0 Comments

House flippers, a new list published by Realtor.com forecasts the top 10 housing markets for 2021 and we’ve summarized them for you here. We countdown to what’s predicted to be the hottest housing market next year. A region that we service made the list. Let’s go. #5. Seattle, Washington With a median home price of $629,050 Seattle is predicted to be the fifth-hottest housing market in the nation in 2021. Its strong economy is boosted by employers like Amazon and Starbucks. When considering employment in the wider metro area tech giant Microsoft can’t be left out of the picture, since

1 01, 2021
  • Countdown: The Top 10 Housing Markets for 2021 – Part 1

Countdown: The Top 10 Housing Markets for 2021 – Part 1

By |2020-12-22T16:15:23-05:00January 1st, 2021|Categories: Flipping, Investing, Investment, Investment Properties, Potential Markets, Real Estate, Tips|Tags: , , , , , , , |0 Comments

Flippers, if you want a forecast of the hottest housing markets for next year we’ve summarized a list for you here, as reported by Realtor.com. A region that we service made the list. Let’s countdown the top 10 housing markets predicted for 2021. #10. Riverside, California Known as the Inland Empire city, Riverside, California has a median home price of $475,050, making it a less expensive alternative to the Los Angeles metro area by a little less than half the cost. First-time buyers may find this price point attractive, as well as the larger homes and lots typically found in

27 10, 2020
  • ‘Insane’ Demand in Housing Market Likely to Continue Into Next Year, Says Redfin CEO

‘Insane’ Demand in Housing Market Likely to Continue Into Next Year, Says Redfin CEO

By |2020-10-27T18:47:31-04:00October 27th, 2020|Categories: Flipping, Home Improvements, Home Upgrades, Investment, Investment Properties, Real Estate, Tips|Tags: , , , , , |0 Comments

The Covid-19 pandemic-fueled housing boom is expected to carry over into 2021, says Redfin CEO Glenn Kelman. That’s good news for flippers who have their sights set on the New Year. House hunters who weren’t able to snatch up a property this year have greater expectations for the next. “There are so many people now who have decided they’re not going to be able to buy a home by year-end who expect to do so going into 2021,” said Kelman in a CNBC interview late this month. According to the National Association of Realtors (NAR), existing home sales rose 9.4

22 09, 2020
  • How Low Inventory Could Affect the Housing Market This Fall

How Low Inventory Could Affect the Housing Market This Fall

By |2020-09-21T21:57:07-04:00September 22nd, 2020|Categories: Business, Flipping, Investing, Investment Properties, Real Estate, Tips|Tags: , , , , , , , , , , |0 Comments

Buyers are actively hunting for and purchasing homes to take advantage of the current historically-low mortgage interest rates. Problem is, there aren’t enough houses for sale to meet the increasing demand. It’s a good place to be if you plan to list your flip this fall. According to Keeping Current Matters, a resource that provides housing market insights to real estate agents, Chief Economist Sam Khater of Freddie Mac said a late-summer economic slump was the impetus for such low rates: “Mortgage rates have hit another record low due to a late summer slowdown in the economic recovery…These low rates have

11 09, 2020
  • Texas Flipper Discovers 40K Gallon Pool Beneath Backyard Junk at Hoarder House

Texas Flipper Discovers 40K Gallon Pool Beneath Backyard Junk at Hoarder House

By |2020-09-13T23:06:08-04:00September 11th, 2020|Categories: Cleaning, Flipping, Foreclosures, Investment, Investment Properties|Tags: , , , , , , |0 Comments

When 35-year-old house flipper John Reynolds purchased a dilapidated property just weeks before it was slated for demolition he had no idea that the end result would be enough to make his head swim. The 1950s home had been owned by a hoarder for 20 years, and it sat vacant for more than a year after the homeowner had passed away. Reynolds purchased the property from the local county authority for $20,000. While his primary focus was on the inside of the home he noted that something was off about the backyard, aside from the fact that it was wildly

1 08, 2020
  • Bidding Wars in May and June Driven by Low Mortgage Rates and Low Inventory, Says Redfin

Bidding Wars in May and June Driven by Low Mortgage Rates, Low Inventory, Says Redfin

By |2020-07-20T23:12:23-04:00August 1st, 2020|Categories: Investment, Investment Properties, Potential Markets, Real Estate, Selling, Tips|Tags: , , , , |0 Comments

June marks the second-straight month that over half of home offers submitted by real estate brokerage Redfin contended with multiple bidders. Nationwide, nearly 54 percent of Redfin home offers were engaged in bidding wars in the month of June—an increase from just under 52 percent in May and 44 percent in April, Redfin reported on its website. Bidding wars are being driven by low mortgage rates and low home inventory. Redfin Economist Taylor Marr said, “Bidding wars continue to be fueled by historically low mortgage rates and fewer homes up for sale.” He added, “It’s like a game of musical

1 10, 2019
  • Selling a Flip This Fall - Don't Do This to the Porch

Selling a Flip This Fall? Don’t Do This to the Porch

By |2019-10-07T22:06:23-04:00October 1st, 2019|Categories: Curb Appeal, Flipping, How To, Investment Properties, Selling, Tips|Tags: , , , , , |0 Comments

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.

16 08, 2019

New REIs: 3 Mistakes You Don’t Want to Make

By |2019-09-04T17:14:32-04:00August 16th, 2019|Categories: Investing, Investment Properties, REIs, Tips|0 Comments

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

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