People who engage in house flipping can see a “diamond in the rough” when it comes to looking at rundown homes. Simply put, house flipping entails buying a house with the goal of fixing it up and then selling it for a profit. This undertaking is not meant to be done by one person, but…
One thing is certain when it comes to renovations, they are expensive and budgets can be quickly reached and exceeded. However, for many reasons, home renovations are an important part of increasing the value of a home. Unfortunately, many people are not able to afford a huge budget when they are completing a home renovation.…
While fix and flip investment seems simple enough when you are watching an infomercial about it, flipping properties requires skill and hard work. Unlike the magical transformations that houses undergo on TV, real rehab work for propeties involves much more than time-lapse photography. Successful real estate flips are defined by some common characteristics. They are:…
Professionally done landscaping has many immediate benefits. It immediately improves the curb appeal of your home, it creates an inviting atmosphere before someone even steps in your home, and it will increase the value of your property. It is one of the more cost-effective ways of improving the resale value and appeal of your home.…
It’s no secret that flipping properties can yield some pretty impressive profits. Perhaps you’ve seen television shows, such as the popular “Flip or Flop” on HGTV, where the investors make flipping a property and making tens of thousands of dollars in profits look easy. Unfortunately, successfully flipping a property is much easier said than done. And if…
As a real estate investor, you likely know the importance of keeping one eye on your current investments and another eye on fluctuating market conditions. Successful investment is a delicate balancing act, with a constant gauge of the level of acceptable risk versus potential return on investment. As tools to help you accomplish your goals,…
By Jennifer Riner of Trulia The “American Dream” is an ideology ingrained in the Constitution – the right to, “Life, Liberty and the pursuit of Happiness.” The American Dream is commonly associated with homeownership, as such a large investment typically indicates financial stability and adulthood. A recent Trulia study on homeownership revealed that 71 percent…
Whether you’re looking to flip a home or are even considering putting your own home on the market, there’s a good chance you’ll be doing some kitchen renovations. After all, today’s buyers place a high priority on updated kitchens. As you plan your kitchen-updating project, then, you’ll want to make sure you know where to put your…
Every day, landlords have to make strategic decisions regarding managing their rental properties. When tenants are in, routine maintenance and seasonal activities might be necessary, and emergencies can arise at any time, day or night. When tenants leave, however, the landlord can review the property to determine if upgrades or improvements are required to get…
What are the most important renovations to make? This is the most common question people ask before starting a renovation project. The possibilities are endless. However, increasing the value of your home should be at the top of your list. You do not want to overspend, which decreases your return. Instead, you want to spend…
