Reading Time: 4 minutes If you’re a fix and flip investor, you likely wonder how soon you can sell the property after buying it. You rely on the profits from the sale to buy another and keep increasing your net worth. But what are the rules? How long do you have to hold a
Reading Time: 6 minutes There are many things an investor may wish to know about before buying: the history of the home, why the owners are planning to sell, and a million other reasons. With this much money involved, it’s no surprise that due diligence needs to be at the top of the priority
Reading Time: 4 minutes Flipping houses looks fun, especially if you watch HGTV and their reality TV series. But is it fun in real life? It depends on who you talk to. Sure, it can be easy for some, especially experienced investors, but beginners can jump in too – you have to start somewhere,
Reading Time: 5 minutes It is common for experienced house flippers to achieve a return on investment that ranges from 10-20%, after factoring in all the expenses involved when flipping a house. If you assume a 15% return, that would mean a net profit margin of: $100,000 House Flip = $15,000 $250,000 House Flip
Reading Time: 4 minutes Getting a permit for work on your home can seem frustrating, time-consuming, and even a waste of time. It’s your house, why can’t you just renovate it, right? While it can be annoying, there are reasons you shouldn’t work on your house with a permit, at least any major renovations.
Reading Time: 7 minutes There are a variety of reasons why you may have an old house in need of repair on your hands. Maybe you’ve inherited the property or you took a chance on a distressed home as an investment that hasn’t worked out as planned. Either way, you have a serious amount
Reading Time: 7 minutes Buying a home to flip can be a tricky business. You know that you ideally need to buy an undervalued or distressed home, but in the same breath you’ll be taking on all the problems that can come with it. Most investors set up an informal or formal house flipping
Reading Time: 7 minutes As a real estate investor, there may be no number as important to know as the property value. This type of information will help you to decide whether refinancing or selling the home will be the best course of action to maximize your profitability. Table of Contents Many investors today
Reading Time: 11 minutes Finding the right property management software can be tricky. There are so many options to choose from and so many different pricing structures that it can potentially take ages to make the right decision. To help facilitate your research process, we’ve outlined some of the best software programs currently available,
Reading Time: 3 minutes You may not think much about flooring when you’re selling your home, but it plays a big factor. Many sellers focus on the walls, ceilings, and the home’s features, forgetting about the floor. While it’s not a focal point, it sets the tone for the room. Broken, outdated, or ugly
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