2 04, 2023

Should You Build a House to Rent it Out?

2024-01-09T17:21:33-05:00April 2nd, 2023|Categories: Investment, Investment Properties, Investments, Leasing Your Property, New Construction|Tags: , , |

If you've ever considered investing in real estate, you might have wondered whether building a house specifically to rent it out is a good idea. There are pros and cons to this approach, and it's essential to weigh them carefully before making a decision. In this guide, we'll explore the various factors you should consider when deciding whether building a rental property is the right investment strategy for you. Should You Build a House to Rent it Out? This guide explains the following: Assessing the Local Rental Market Calculating the Financials Considering the Time and Effort Involved Weighing the Pros

18 02, 2023

7 Tips to Help You Sell Your Flip Fast

2023-02-03T02:49:42-05:00February 18th, 2023|Categories: Flipping, Selling, Tips|Tags: , |

Thinking about flipping a house? Check out this guide, which can help you sell quickly after your investment property is fixed up and ready to go. 7 Tips to Help You Sell Your Flip Fast Here are seven tips to help sell a house fast, especially if you're a real estate investor flipping the property: Price it right. Setting the right price is critical to a fast sale. Make sure to research comparable properties in the area and price your property competitively. Clean and declutter. Cleaning the property and decluttering it will help potential buyers see the property's potential and

1 04, 2021

2 Home Design Trends to Consider for Your Flip, According to Etsy Foot Traffic

2021-04-02T00:52:14-04:00April 1st, 2021|Categories: Flipping, Home Improvements, Home Upgrades, Investment, Investment Properties, Remodeling Tips|Tags: , , , , , , , |

If you're keeping an eye open for what's new in home design trends this year check out these patterns spotted by Etsy, as reported by Apartment Therapy—a home and décor site. Travertine Is a Thing Etsy user searches for "travertine items" increased by over 200 percent, the e-commerce company said late this month. Shoppers were particularly interested in tables that included this classic stone. Apartment Therapy’s theory for the reason for the spike is the increased popularity of warm minimalism, a decorating style that began to trend last fall and is rooted in creating calm and soothing interior spaces using earthy

7 07, 2019

Should You Buy a Rental Property?

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

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

23 06, 2019

Should You Apply for a Conventional Loan on an Investment Property?

2019-06-23T17:49:41-04:00June 23rd, 2019|Categories: Hard Money|Tags: , , |

If you're buying an investment property, you have a couple of options for funding - and one of them is a hard money loan. Hard money loans are different from conventional loans, which require you to have a good enough credit history, a borrowing history and a certain debt-to-income ratio. So should you apply for a conventional loan to buy an investment property? Here's what you need to know. Should You Apply for a Conventional Loan on an Investment Property? A lot of investors choose to use hard money instead of conventional loans. It's not that there's anything wrong with

30 05, 2019

3 Signs You Should Buy an Investment Property NOW

2019-06-12T09:14:48-04:00May 30th, 2019|Categories: Hard Money|Tags: , , |

If you are looking to branch out on an investment property, here are 3 important things to know prior to purchasing one. The Property is in a Growing Market An important factor of purchasing an investment property that will net you some additional income will be to look for a house in a growing market. Some things to look out for in order to assess if this potential new property is in a growing market will be factors such as a new company coming in, many new construction projects going up, or new plans for upcoming infrastructure projects. You should

4 01, 2018

When Should You Hire a Property Manager?

2018-01-04T13:00:11-05:00January 4th, 2018|Categories: Investment Properties|Tags: , , |

If you own rental properties, or if you’re thinking about buying one with a hard money loan, you’re probably wondering when you should consider hiring management help, a handyman or other assistance – and you’re not alone. When Should You Hire a Property Manager? If you’re more of a hands-off property owner who doesn’t want to advertise your rental units, run background and credit checks, or hire someone to fix every little issue that comes up, you’re probably going to want to hire a property manager. Most property managers charge about 10 percent of the monthly rent to handle all

7 12, 2017

Trim and Paint Make a HUGE Difference

2017-12-07T13:00:50-05:00December 7th, 2017|Categories: Hard Money|Tags: , , , , |

If you add two simple lines of trim - one as a chair rail and one as crown molding - you could be adding a huge amount of value to your investment property. But how do you do it the right way? Trim and Paint: An Affordable Value-Add Pro Tip: Make a big impact on the house's appearance by painting trim before you install it. The Chair Rail First, pick out a trim that measures between 60 and 70 percent of the width of the baseboard. Use a stool and apron (it'll look like a windowsill) if possible, but if

5 10, 2017

What is “Turn Key” Real Estate?

2017-10-05T13:00:31-04:00October 5th, 2017|Categories: Investment Properties|Tags: , |

A turn key property is one that's ready for move-in as-is, no improvements or repairs necessary. How "Perfect" is a Turn Key Property? The term turn key doesn't mean a property is perfect - no house is. Instead, it means that buyers can move into it without making any repairs or improvements... which is basically what buyers expect in the first place. And that's where you come in. As a real estate investor, it's your job to make the home as marketable as possible so you can sell it quickly (and at the right price). That includes ensuring all appliances

30 09, 2017

Should You Stage an Investment Property if You’re Going to Rent It Out?

2017-09-30T13:00:59-04:00September 30th, 2017|Categories: Investment Properties|Tags: , , |

If you're renting out an investment property after buying and improving it, you may want to stage it... because staging it could help you fetch a higher monthly rental price. Staging a Rental Property You'll have to weigh the costs and benefits of staging a property that was empty. You certainly have to make sure it's spotless (no scuffs on the floors, dings in the walls, or cobwebs in the corner) and clutter-free, but the logistics of staging a rental property may mean it's not worth the effort. Remember that you'll have to find suitable furniture and then: Move in

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