Reading Time: 5 minutes Most people understand the concept of flipping houses. But you may be surprised to learn that you can also flip real estate contracts and make money without ever actually purchasing a property or doing any repairs. Also known as wholesaling – this strategy is a great way for beginners to
Reading Time: 5 minutes In today’s day and age, you don’t even need to head down to the courthouse steps to purchase a quality foreclosed property. All you have to do is crunch the numbers and log onto your computer to find a deal anywhere in the country. But you have to find a
Reading Time: 4 minutes Real estate investors have a lot at stake especially if you buy and hold (rent to tenants). You are responsible for everything that happens at the property – good and bad. Even if you have the best tenants, life happens and accidents occur. Anything that happens on your property could
Reading Time: 5 minutes Flipping houses is a great way to supplement your existing income or start a business that can replace your 9 to 5 job. But that doesn’t mean that you can jump into it with no knowledge whatsoever and expect to turn a profit. Being a successful real estate investor requires
Reading Time: 6 minutes Renovating a house doesn’t have to cost an arm and a leg, there are many ways to renovate a home on a budget. Keeping your renovation costs low is always important especially when you’re an investor looking to turn a profit on a property or to increase a property’s value.
Reading Time: 4 minutes You see a listing that you love and think it’s the best investment, but it says cash only. This means the seller isn’t accepting financing and there’s probably a good reason for it. If the home won’t pass the lender’s requirements, buyers won’t be able to secure financing, leaving the
Reading Time: 4 minutes You hear the term ‘hard money loan’ and assume it’s a bad thing, right? These loans have a bad reputation, but they’re one of the best ways to finance investment real estate transactions. If you’re buying a home to fix and flip or even buy and hold, you may not
Reading Time: 7 minutes Buying a home with the idea of rehabbing it can be a daunting task even for the most experienced house flippers. There are plenty of factors to consider, timelines to set, and budgets to create for the property to be a profitable one when it comes to selling it. The
Reading Time: 7 minutes The answer to the question of whether it’s a good idea to invest in house flipping is not necessarily a yes or no answer. There are many factors that go into the perfect house flip, some environmental, and some situational. Choosing to flip houses over other types of real estate
Reading Time: 3 minutes If you’re remodeling a house, you may need permits before you do the work. This applies whether you do the work yourself for you hire a contractor. You may need a permit whether you’re adding a bedroom, fixing a bathroom, or finishing the basement among others. Your local building department
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