6 04, 2021

Countdown: Top 10 U.S. Cities Building the Most Homes for Buyers – Part 1

2021-04-06T18:46:59-04:00April 6th, 2021|Categories: Flipping, Florida, New Construction, New Home Development, New Homes|Tags: , , , , |

Currently, the number of listings for available homes is about half of what it was last year when inventory was already low, according to realtor.com. Increasing housing demand and ever-decreasing inventory continue to lead to bidding wars and rising prices in many states across the country. In mid-January Fannie Mae’s chief economist Doug Duncan said homebuilders would have to ramp up supply because houses were continuing to fly off the shelves. “The new home sales numbers had a big jump in 2020,” he said, “and there will be more growth in 2021, but they’re [homebuilders] going to have to rebuild

16 01, 2021

Families Are Flocking to Nashville ‘Burbs

2020-12-22T16:24:52-05:00January 16th, 2021|Categories: New Home Development, New Homes, Potential Markets, Real Estate, Tennessee, Tips|Tags: , , , , , , , |

Many homeowners in big cities across the country are relocating to suburbs in Nashville—a major city that we service. Residents of some of the most populous cities on both the east and west coasts are now making suburbs in Music City U.S.A. their home because of low costs of living and good schools, according to a recent report from realtor.com. “With low taxes and relatively low home prices, when compared on a national level, people from New York, Chicago, and L.A. see a lot of value,” said Cindy Stanton, principal broker of Parks Real Estate—located in the Nashville suburb of

6 12, 2020

Builder Confidence Reaches All-Time High

2020-11-20T22:29:26-05:00December 6th, 2020|Categories: Investing, Investment, Investments, New Construction, New Home Development, New Homes, Real Estate, Tips|Tags: , , , , , , , , |

Home builders are confident about current single-family home sales and sales expectations for the next six months. As a house flipper this can be a positive sign for the fate of projects you’ve got in progress, and in the pipeline. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which measures builder confidence, reached 90 points in November (on a scale from 0 to 100), according to an article published on the NAHB website. This is the highest score ever recorded since the index was created 35 years ago, and marks only the third time it has

27 05, 2019

What Kind Of Kitchen Flooring Should You Purchase?

2019-05-27T00:57:00-04:00May 27th, 2019|Categories: Business, Flipping, Hard Money, Home Improvements, Home Upgrades, HUD, Investing, Investment, Investment Properties, Investments, New Construction, New Home Development, New Homes, Rehab Loans, Remodeling Tips|Tags: , , , , , , , |

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

20 11, 2018

New Atlanta Investors: What Is The Midtown Alliance?

2019-01-21T15:48:52-05:00November 20th, 2018|Categories: Commercial, Developers, Hard Money, Investing, Investment, Investments, New Construction, New Home Development|Tags: , , |

If you're new to investing in Atlanta and are looking to invest in the Midtown area, you may wonder, "What's the Midtown Alliance?" Midtown Alliance Midtown Alliance's dedicated staff works to create the most desirable urban experience for Midtown. It's been around since 1978 and has been a driving force behind the revitalization of the area. Midtown is a migration destination for residents and it's a destination point for commerce, learning and cultural experience. Much of this is due to the hard work of teh staff at Midtown Alliance. Midtown has been redesigned to be a live-work-play community with a

19 11, 2018

Atlanta Named One Of The Hottest Housing Markets

2019-01-21T15:48:21-05:00November 19th, 2018|Categories: Equity Lending, Flipping, Hard Money, Hard Money Loans, Investing, Investment, Investment Properties, Investments, New Construction, New Home Development|Tags: , , |

Redfin looked at metro areas with at least 500,000 people to determine the hottest real estate markets in the country.  This week, it names Atlanta one of the hottest markets in the country. More than 28 percent of Atlanta's homes for sale stayed on the market less than two weeks and 21 percent of Atlanta homes sold for more than the asking price. Atlanta is currently a top migration destination, similar to Charlotte, another area where we serve investors.In the third quarter, Atlanta ranked number two in the country as a top migration destination. Meanwhile in Atlanta, investors are banking

12 11, 2018

Investing In The Nashville Real Estate Market

2018-11-12T22:12:05-05:00November 12th, 2018|Categories: Business, Commercial, Construction Loans, Hard Money, Hard Money Loans, Investing, Investment, Investment Properties, Investments, Leasing Your Property, New Construction, New Home Development, New Homes, Private Lending|Tags: , , |

There’s a lot of interest in investing in places like Nashville and other strong secondary markets right now. This is due to economic and cultural factors driving people out of more traditional markets. Plus, when you consider the quality of life in much larger downtowns, it's no wonder smaller, homier downtowns are the next big thing. These secondary markets prime for investing are great tourist destinations, just like Nashville. They are also key areas for music and the arts, just like Nashville. Here's what these secondary markets desperately need: Residential condo units. (Last year, Nashville gained a mere 71 units.)

6 11, 2018

A New Market For Property Investors: Appealing To Small Business Owners

2018-11-06T13:41:09-05:00November 6th, 2018|Categories: Business, Developers, Investing, Investment, Investment Properties, New Home Development|Tags: , , |

Atlanta real estate investors are taking a not-so-risky gamble that relies on a provision in Atlanta code: It lets rental units offer space for a home-based business complete with the allowance for one employee. For example, at the corner of MccLendon and Brooks Avenues, a two unit space will be marketed as a home office. The idea is for these to have space for a home-based businesses like consulting businesses, accountants or therapists. The office spaces are downstairs and the living quarters are upstairs. More and more people are working from home and telecommuting too. So, even if making space

12 07, 2018

How A Cost Segregation Study Helps Real Estate Investors

2018-07-12T23:02:24-04:00July 12th, 2018|Categories: Hard Money, Income, Investing, Investment, New Home Development, Real Estate, Taxes|Tags: , , |

A cost segregation study can identify and reclassify your property, with the benefit of shortening the property's depreciation time. What happens when the property's depreciation time is reduced, as you probably know, is that your current income tax obligations also reduce. Using this tool, the IRS allows to to speed up the depreciation on certain things such as carpet or cabinets, and even light fixtures and flooring in a building. That way, you can enjoy tax savings sooner! So why doesn't everyone do a cost segregation? Well, the cost of it is not cheap. So, only investors with significant property

6 04, 2018

2018 North Carolina Building Code

2018-04-06T21:17:13-04:00April 6th, 2018|Categories: Construction Loans, Hard Money, Home Improvements, Home Upgrades, Investment Properties, New Construction, New Home Development, Remodeling Tips|Tags: |

The Building Code Council adopted the 2018 North Carolina Building Code at its quarterly meeting in June, 2017.  The 2018 North Carolina Building Code (Except Electrical) will go into effect no later than July, 2018, according to the state's website.  At that point, we'll see a minimum six month over lap where either the 2012 NC Code or the 2018 NC Code is acceptable. So, when is the new code fully active? According to the state's website, on January 1, 2019, the new code becomes the requirement. Meanwhile, the 2018 Electrical Code went into effect this month. "The Base Documents

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