You’ve acquired the house and you’ve decided to flip it for a profit but now the list of needed-wanted improvements is growing as your budget seems to be shrinking and you are wondering how to prioritize. These are common issues for our fix & flippers from across the country and they’ve shared with us five [...]
By David Nielson, Boomerang Capital Partners, Director of Lending Experts have their tried-and-true methods for helping them identify those projects which will yield the best return. They’ve developed rules for success, and they stick to those rules. Finding calculators and tools to help you identify those same projects with potential, while capitalizing on these tried-and-true [...]
The rapid increase in home prices has garnered headlines across the country and has affected our industry in several ways. Using the Case-Shiller US National Home Price Index as indicative, home prices have risen about 15% comparing April 2021 with the prior April (the latest numbers available). Colorado and Texas home prices have risen, in-line [...]
Boomerang Capital finances over 1,000 projects a year and sees thousands more among its network of past borrowers, wholesalers, contractors, realtors, and even other lenders (we call them frenemies). And one thing we know for sure is that no one likes an over budget project. It is helpful to think quite simply about those unwelcome [...]
Airbnb is one of the best-known short-term rental companies, and there has been a lot of research into how their prices affect the housing market around them. Airbnb frequently gets a bad rap from the neighbors, from the perception that it takes away from local culture to the idea that it destroys a sense of [...]
… The Trend is Your Friend While there are a number of useful inputs to the value of a certain property, an interesting phenomena of use to rehabbers is the nature of buyers and sellers. One useful input comes from the field of economics in the form of what is called a population pyramid, this [...]