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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

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

27 08, 2020
  • Are Accent Walls Risky?

Are Accent Walls Risky?

By |2020-08-17T18:44:54-04:00August 27th, 2020|Categories: Flipping, Home Improvements, Home Upgrades, Investment, Selling, Tips|Tags: , , , , , , , |0 Comments

The accent wall—a single wall that’s painted in a hue that contrasts with other walls in a room—is an ideal way to add a pop of color to a space in your flip without committing every wall to a particular pigment. A majority of remodeling experts agree that the accent wall will be the most popular painting style inside of homes for sale this year, according to a recent poll by home improvement website Fixr. This painting method garnered 41 percent of the votes of experts, while other styles like two-tone walls, patterned walls, murals, and walls with faux painting

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

7 07, 2019
  • Should You Buy a Rental Property - Paces Funding Hard Money Loans

Should You Buy a Rental Property?

By |2019-06-23T17:53:49-04:00July 7th, 2019|Categories: Hard Money, Investing, Investment, Investment Properties, Investments|Tags: , , , |0 Comments

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

16 06, 2019

Why Property Investors Should Care What Millennials Think

By |2019-06-09T16:07:42-04:00June 16th, 2019|Categories: Income, Investing, Investment, Investment Properties, Investments, Tenants|Tags: , |0 Comments

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.

13 06, 2019

How To Attract Millennials To Your Rental Properties

By |2019-06-09T15:26:46-04:00June 13th, 2019|Categories: Home Improvements, Home Upgrades, Investing, Investment, Investment Properties, Investments, Remodeling Tips, Tenants|Tags: , , , , |0 Comments

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

10 06, 2019

What Millennials Want From Rental Properties

By |2019-06-09T14:12:34-04:00June 10th, 2019|Categories: Hard Money, Home Improvements, Investment, Investment Properties, Investments, Leasing Your Property|Tags: , , , , , , , , , |0 Comments

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

7 06, 2019

Millennial Investors Leading The Housing Market Charge

By |2019-06-07T20:31:54-04:00June 7th, 2019|Categories: Commercial, Interest, Investing, Investment, Investment Properties, Investments|Tags: , , |0 Comments

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

3 06, 2019

Do You Have Different Exit Strategies For That Investment Property You’re Eyeing?

By |2019-05-29T14:04:24-04:00June 3rd, 2019|Categories: Due Diligence, Flipping, Foreclosures, Hard Money, Hard Money Loans, Home Improvements, Investing, Investment, Investment Properties, Investments|Tags: , , , |0 Comments

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

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