26 08, 2022

7 Essential Upgrades You Should Make When You Flip a House

2024-01-09T17:20:44-05:00August 26th, 2022|Categories: Hard Money|Tags: , , , , , , , |

There are many things to consider when flipping a house. But if you want to make the most money possible, it's important to focus on the essential upgrades. Here are seven of the most important. 7 Essential Upgrades You Should Make When You Flip a House Check out these seven important upgrades you should consider making when you flip a house: Paint the walls a neutral color Install new flooring throughout the house Update the kitchen cabinets and countertops Replace the bathroom fixtures and tiles Add a new coat of paint to the exterior of the house Landscape the yard

11 12, 2021

6 Signs of a Distressed Property

2021-12-21T06:17:42-05:00December 11th, 2021|Categories: Hard Money, Real Estate, Tips|Tags: , , , |

As a real estate investor, distressed properties are often great finds – but how can you tell when a property is in distress and may be worth buying? Check out these six signs of a distressed property to learn more. 6 Telltale Signs of a Distressed Property It’s often easy to spot a distressed property if you know what to look for. Keep your eyes open for: Notices placed on doors or windows Peeling or faded paint Lights off at night Neglected lawns  Broken windows or obvious issues on the exterior Uncollected mail Why Are These the 6 Signs of

22 10, 2021

7 Key Things to Know About the Current Housing Market 

2021-10-10T21:09:14-04:00October 22nd, 2021|Categories: Investment, New Homes, Real Estate, Realtors, Selling|Tags: , , , , , , |

It's still stiff competition for homebuyers across the country as bidding wars and all-cash offers continue to price-out many in search of a new residence. In an article on current housing market conditions published by Bloomberg in late September, we found seven key takeaways and summarized them for you here. Key Takeaways Mortgage borrowers who can offer large down payments, telecommuters who can live and work from anywhere in the country, and all-cash offers from real estate investors have created the perfect storm for bidding wars—pricing-out many house hunters, and keeping renters from becoming owners. According to economists at Realtor.com,

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

27 02, 2021

3 Major Predictions for the 2021 Housing Market, According to Homes.com

2021-02-18T19:43:57-05:00February 27th, 2021|Categories: Potential Markets, Real Estate, Tips|Tags: , , , , , , |

In 2020 Americans saw historically-low mortgage interest rates, brisk home sales with low home inventory in many markets, and bidding wars. But what kinds of housing market conditions can homebuyers and sellers expect this year? Here are three big predictions compiled by Homes.com. House flippers, we’ve summarized them for you here. Home prices that rise by nearly 10 percent In a mid-December National Association of Realtors (NAR) survey of housing and economic experts, the experts reached a consensus that home prices will increase by 8 percent this year. This bodes especially well for house flippers. An increase in mortgage rates,

6 02, 2021

Redfin: December Pending Home Sales Outpaced New Listings

2021-02-08T22:18:24-05:00February 6th, 2021|Categories: New Homes, Potential Markets, Real Estate, Selling|Tags: , , , , , , , |

In December, typically one of the slowest months of the year for the housing market, pending home sales across the nation rose 35 percent, and new listings increased by 14 percent, according to Redfin. The data demonstrates that winter didn’t have its usual chilling effect on demand. The persistent momentum of the market is largely due to historically-low mortgage interest rates. Redfin Chief Economist Daryl Fairweather had this to say: “The December housing market felt more like spring than winter. Right now homebuying demand is seemingly endless, and although new listings are up from a year ago, it’s not nearly

6 01, 2021

The Top 10 Housing Markets Predicted for 2021 – Countdown Part 2

2020-12-22T16:14:26-05:00January 6th, 2021|Categories: Flipping, Investing, Investment, Investment Properties, Investments, Potential Markets, Real Estate, Tips|Tags: , , , , , , , |

House flippers, a new list published by Realtor.com forecasts the top 10 housing markets for 2021 and we’ve summarized them for you here. We countdown to what’s predicted to be the hottest housing market next year. A region that we service made the list. Let’s go. #5. Seattle, Washington With a median home price of $629,050 Seattle is predicted to be the fifth-hottest housing market in the nation in 2021. Its strong economy is boosted by employers like Amazon and Starbucks. When considering employment in the wider metro area tech giant Microsoft can’t be left out of the picture, since

1 01, 2021

Countdown: The Top 10 Housing Markets for 2021 – Part 1

2020-12-22T16:15:23-05:00January 1st, 2021|Categories: Flipping, Investing, Investment, Investment Properties, Potential Markets, Real Estate, Tips|Tags: , , , , , , , |

Flippers, if you want a forecast of the hottest housing markets for next year we’ve summarized a list for you here, as reported by Realtor.com. A region that we service made the list. Let’s countdown the top 10 housing markets predicted for 2021. #10. Riverside, California Known as the Inland Empire city, Riverside, California has a median home price of $475,050, making it a less expensive alternative to the Los Angeles metro area by a little less than half the cost. First-time buyers may find this price point attractive, as well as the larger homes and lots typically found in

27 10, 2020

‘Insane’ Demand in Housing Market Likely to Continue Into Next Year, Says Redfin CEO

2020-10-27T18:47:31-04:00October 27th, 2020|Categories: Flipping, Home Improvements, Home Upgrades, Investment, Investment Properties, Real Estate, Tips|Tags: , , , , , |

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

22 10, 2020

2 Real Estate Rumors About Iconic Buildings: True or False?

2020-10-19T21:21:14-04:00October 22nd, 2020|Categories: Business, Hard Money, Hard Money Loans, Real Estate, Tips|Tags: , , , , , |

You might be a student of house flipping and real estate, or even a seasoned pro, but just like most industries there may be certain tales you’ve heard—stories that sound a little farfetched, but intriguing nonetheless. In a list published this month by The Close, a website dedicated to providing insights to real estate agents and brokerages, some curious real estate rumors are discussed. Are they true, or false? Here are a couple.   True or false: There's a secret apartment atop the Eiffel Tower.   A room with a view?   Rumor has it that the designer and builder of

Go to Top