While this may not be the most interesting part of your rehab project, it will have significant impacts. You may already know this, but we still run across many people that either don’t know how to keep good financial records or question its value. How to keep records It is best to keep records for [...]
There are two trains of thought when it comes to rehabbing a house, and there are successful real estate investors on both sides. So, here is the first side: Be creative, use your imagination, be free, try new ideas. “Help the rehab capture a story that the pictures can tell.” Do not be afraid to [...]
This pandemic has been terrible, fantastic, excruciating, liberating, difficult, and the list goes on. Everyone has been affected by the pandemic in different ways. My heartful prayers go out for all of those that have been affected by difficult losses, let us all press forward in hope! With the ever-changing environment we continue to see [...]
Are you just getting started in this extremely fast pace Fix-and-Flip industry and trying to nail down that first deal? Most Fix-and-Flip properties today are purchased through wholesalers that are out pounding the pavement for deals. It is intimidating to show up to a property with 10 other investors and have 1 hour to walk [...]
Congrats! You are nearing the finish line with your project complete and the last task is the sale. Staging your house with temporary decorating can make the process more efficient and profitable. According to realtor.com, homes that are staged sell 88% faster and for 20% more than non-staged homes. The goal of staging is to [...]
It is well known that the residential real estate market is highly seasonal, with activity and prices following the heat: warming up in the spring, hot in the summer, then cooling off in the fall and going into near hibernation in the coldest part of the year. This chart shows the seasonality in home sales [...]