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 [...]
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 [...]