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

29 05, 2019

3 Secrets To House Flipping You Probably Won’t See On TV

By |2019-05-29T11:10:10-04:00May 29th, 2019|Categories: Construction Loans, Flipping, Hard Money, Hard Money Loans, Home Improvements, Home Upgrades, HUD, Investment, Investment Properties, Investments, Private Lending|Tags: , |0 Comments

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

19 04, 2019

Best Markets For Home Flippers In 2019

By |2019-04-19T21:42:51-04:00April 19th, 2019|Categories: Business, Commercial, Flipping, Florida, Income, Investing, Investment Properties, Tennessee|Tags: , , , , |0 Comments

Two of the top markets for home flipping happen to be in our area of service for hard money loaning. Both Florida and Tennessee are among the top markets for house flippers. That means that the average time to flip, the average profit, and the average return on your investment will be best in these markets. Florida's House Flipping Market Florida has year-round warm weather and residents don't pay income tax on their earnings at the state level. One of the best cities in Florida for house flipping is in north Florida. House flippers in Jacksonville do very well, according

4 04, 2019

Flipping Homes Is More Popular Than Ever – Market Share Surpasses 2006!

By |2019-05-19T12:16:03-04:00April 4th, 2019|Categories: Foreclosures, Hard Money, Home Improvements, Investment, Investment Properties, Investments, Rehab Loans|Tags: , , , , |0 Comments

Home flipping sure isn't the same as it used to be, but it's also more popular than ever. See, there are more home flippers out there than almost ever before, according to research from CoreLogic, but today's home flippers are holding onto properties for longer. Interestingly, home flippers are holding into homes for longer in part so that it can be considered owner-occupied and eligible for capital gains exceptions. Obviously, you can only occupy one home as your primary residence, but this trend is adding to the flipping scene. In the last quarter of last year, home flipping accounted for

19 02, 2019

Why The Luxury Market Might Be Your Best Investment For House Flipping Right Now

By |2019-02-18T17:49:44-04:00February 19th, 2019|Categories: Business, Due Diligence, Flipping, Foreclosures, Hard Money, Hard Money Loans, Home Improvements, Investment, Investment Properties, Investments, Rehab Loans, REIs, Short Sales, Taxes|Tags: , , , , , , , |0 Comments

House flippers focusing on flipping luxury homes are a part of a rising market. While non-luxury houses aren't flipping as well, this market, if you can afford it is still doing well. Consider that the National Association of Realtors showed that sales of existing homes declined over ten percent in the last year. Starter homes, which are usually a common project for house flippers, are part of a decreasing market. Sales are just down among starter homes. Some of that is because of the higher interest rates too. Many people who house flippers would normally try to sell a starter

5 12, 2018

How Much Effort Should You Put Into A Bathroom When House Flipping?

By |2019-01-21T15:50:37-04:00December 5th, 2018|Categories: Flipping, Hard Money, Home Improvements, Home Upgrades, Investment Properties|Tags: , , , , , , , |0 Comments

House flipping is all about fixing and reselling a house fast. So, the idea of a complete bathroom remodel is daunting. Should you do it? You may assume that a full bathroom remodel will sell the house faster, but realtors report that it's not usually the case. Assuming the bathroom is functional, what efforts really result in a return on the investment when it comes to bathrooms? Remember, when flipping houses, time is also an important factor! The truth is that relatively inexpensive changes to bathrooms are usually enough to help sell that property and bring a return on your

26 11, 2018

Do You Have The Skills To Create Enough Sweat Equity From Flipping Houses?

By |2018-11-24T09:34:16-04:00November 26th, 2018|Categories: Flipping, Hard Money, Home Improvements, Investment Properties, Investments, Tax Foreclosures|Tags: , , |0 Comments

Are you thinking about flipping houses professionally without existing wealth? The real cash in flipping houses comes from sweat equity. That's while you'll see professional builders, carpenters, and other handy skilled tradesmen in the house flipping business doing well for themselves. These people know enough about home repairs and renovations to create the sweat equity to make flipping houses profitable. Often you will find skilled tradesmen who flip houses during the winter when they are out of work for the season. This helps contribute to an annual income, because the unemployment checks certainly won't cover all their family expenses. Oftentimes,

25 11, 2018

Number One House Flipping Mistake New Investors Make

By |2019-01-21T15:49:39-04:00November 25th, 2018|Categories: Flipping, Hard Money, Home Improvements, Investing, Investment, Investment Properties|Tags: , , , , |0 Comments

Flipping houses is an expensive proposition. It's usually reserved for the wealthy or the bod, because there are risks involved. The number one most common mistake investors make while trying to flip a house is running out of money. Keep in mind, even though interest on borrowed money is tax deductible, typical interests rates are rising, so making a profit can be harder than it used to be with traditional funding sources. Though your profits will vary, the average gross profit from house flipping is $65,520 per house. Remember though, that's gross profit, not net profit. Too many times, house flippers

24 11, 2018

What Is Wholesale Real Estate Investing?

By |2018-11-24T09:01:23-04:00November 24th, 2018|Categories: Flipping, Hard Money, Investing, Investment, Investment Properties|Tags: , |0 Comments

You might have heard the term "wholesale real estate investing," but what is it? Wholesale real estate investing is a type of real estate investment strategy. In this strategy, an investor purchases a property with the intention of selling it for a profit. The investor never plans to use or rent out the property. You may have heard of this form of real estate investment by its more common name: House flipping. House flippers either make money from quick appreciation from a very hot real estate market with rising prices or from fixing up the property (making capital investments) so

7 09, 2018

Should You Ever Pay More Than The 70 Percent Rule Suggests?

By |2018-09-06T14:08:53-04:00September 7th, 2018|Categories: Flipping, Hard Money, Investing, Investment, Investment Properties, Real Estate|Tags: , , |0 Comments

Yesterday, we discussed the 70 percent rule as it applies to flipping houses. Check out that previous blog post if you aren't sure what the 70 percent rule is. Today's question is whether you should ever pay more than the 70 percent rule suggests. For example, some beginner investors think that it's OK to exceed the amount specified by the 70 percent rule in an appreciating market. After all, in a few months or by the time you finish your rehab, the After Repair Value should go up, right? Typically, but that's a big risk to take if it doesn't!