by Mary Eltawil | Feb 27, 2023 | AZREIA, Boomerang Capital Partners, Foreclosure, Newsletter
By David Nielson, Director of Lending | Boomerang Capital Partners The market certainly seems to be thawing, but it is likely to remain tough to find project homes for a while. Rather than working the same processes harder, it may be worth looking in a few new places....
by Mary Eltawil | Feb 1, 2023 | AZREIA, Boomerang Capital Partners, Newsletter
David Nielson | Boomerang Capital A budget is a critical tool for any fix-and-flip project, as it allows you to plan for and track the costs associated with the renovation and sale of a property. It is also a vital component when looking to secure financing. You...
by Mary Eltawil | Dec 31, 2022 | AZREIA, Boomerang Capital Partners, Newsletter
By David Nielson | Boomerang Capital As we look back at this year and pause to catch our collective breath, it may be good to take this time to reflect and consider how we can become more effective in the new year at the things we are doing. Steven R. Covey considers...
by Mary Eltawil | Dec 1, 2022 | AZREIA, Boomerang Capital Partners, New Builds, Newsletter, Renovations
By David Nielson | Boomerang Capital TL; DR: new builds are not the same as newly renovated ones. Builders are having a rough go of it. Construction costs are up, homes aren’t selling as fast as they predicted, and they feel bad about it – actually really bad...
by Mary Eltawil | Nov 1, 2022 | AZREIA, Boomerang Capital Partners, Market Changes, Newsletter
By Tadd Jones | Boomerang Capital As you follow the headlines, or maybe the ‘advice’ of your ‘helpful friends’ from outside the industry, it would seem things are pretty convoluted. To help make a bit more sense of it, let’s look at our market in two different ways:...
by Mary Eltawil | Sep 1, 2022 | AZREIA, Boomerang Capital Partners, Newsletter
By Francisco Vallecillos | Boomerang Capital, VP of Lending Good Housekeeping doesn’t “suggest going overboard” but does suggest you play with patterns. Design can have a major impact on the home which could leave you guessing as to what will be popular in 6 months...
by Mary Eltawil | Aug 1, 2022 | AZREIA, Boomerang Capital Partners, Newsletter
By David Nielson | Boomerang Capital “History doesn’t repeat itself, but it often rhymes.” Mark Twain What happened last time rates rose aggressively, and a demographic driver was pushing up demand for homes? These are exactly the questions asked in “The Baby Boom,...
by Molly Matthews | Jul 1, 2022 | AZREIA, Boomerang Capital Partners, Newsletter, Value-Add
By David Nielson | Boomerang Capital We have discussed before that in our industry ‘fix and flip’ has truly evolved into value-added. Which leads to the question: value-add but for whom? The answer is really for “everyone.” First, let’s look at the buyers of the...
by Maureen Laupp | Jun 1, 2022 | Boomerang Capital Partners, Newsletter
Since we are getting a lot of questions on the impact of rates, I thought we would share a few observations and thoughts. First, the short answer: We don’t think it will have much of an impact on our corner of the world. Yes, we get that this opinion does not match...
by Maureen Laupp | May 4, 2022 | Boomerang Capital Partners, Financing, Newsletter
By David Nielson, Boomerang Capital Partners No doubt that rising rates are having an impact on housing demand. As rates rise, payments go up and therefore homes become less affordable. In commercial markets, the building or project price usually follows lower....