11 10, 2021

Before Your Next Renovation Be Sure to Avoid These 3 Mistakes

2021-09-23T06:31:44-04:00October 11th, 2021|Categories: Flipping, Investing, Real Estate, Tips|Tags: , , , , |

For house flippers each renovation project presents a different set of experiences and challenges, and even flippers who have several projects under their belts can make mistakes that result in major setbacks. Read carefully so you can avoid some of these pitfalls. Not Planning a Budget  When setting your budget, if you rely on using estimations and ballpark figures you’re very likely to spend lots more than if you took time to plan out a more specific budget for each portion of your flip. Having a detailed budget can help you reallocate funds in case you want to spend a little

27 06, 2021

5 Real Estate Investing Mistakes to Avoid, According to a Guru Investor

2021-06-22T06:14:39-04:00June 27th, 2021|Categories: Flipping, How To, Income, Investing|Tags: , , , , |

If you’re new to house flipping sometimes you simply may not know what you don’t know. The more you become a student of the industry, and listen to sound advice from the pros, the better your chances of success. In an April interview with Yahoo!Finance real estate agent and investor Mindy Jensen—recognized by GOBankingRates as one of Money’s Most Influential—offers some warnings and advice for novice flippers. We’ve summarized some key takeaways you should know. Flipping Mistakes to Avoid Not crunching the numbers: Make sure there is a large enough profit margin on a project so you are poised for

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