Real estate investors often rely on a handful of tried-and-true methods to locate residential properties that they can rehab and resell for quick profit. They may, for example, blanket every address in a particular zip code with “yellow legal” letters. Alternately, they might plaster street corners with hand-written “We Buy Houses” bandit signs, or buy…
As the housing market continues to evolve and grow, the flipping business shifts in strategy to accommodate those changes — numbers that are reflected in the latest report tracking the fix-and-flip industry. The Q1 2017 U.S. Home Flipping Report from ATTOM Data Solutions found that while the volume of home flips in the first quarter continued to…
If you’re thinking about getting into the home flipping business or have just gotten started, you might be a little nervous that you’re diving into a tank that’s full of giant sharks waiting to chew up and spit out the little guys. You might take some consolation in learning you are very much entering into…
Getting prepared for a house flip is like a game of “Beat the Clock.” Time is money, and you want to spend as little as possible. Here’s what to do. Buying Homes to Flip Mistake: Buying Properties With Complicated Problems The purpose of flipping a house is to purchase a property, fix it up and…
Do you have a paper allergy? Or more likely, a paper phobia? If you’ve done the mortgage process for your own home, you probably don’t want to go back there just to get into the fix and flip business. The hand cramps from signing your name so many times. The niggling of fear about what’s…
All kinds of uncertainties are swirling around the economy, keeping industry insiders guessing as to whether the long, slow climb out of the last recession may be nearing an end. But two pieces of that economic puzzle stand to be beneficial for the fix and flip industry: • Housing inventory remains tight as new construction…
Rising rental rates across the country could tip the scale in favor of your fix and flip business as more renters will be enticed into the buying market. According to a new study from Zillow, renters paying the median rent of $1,416 could purchase a home nearly 50 percent greater than the median sale price…
Your home’s curb appeal can have a major impact on the overall resale value of your property. A well landscaped and manicured exterior can add value to your home, whereas a lack of upkeep can have the opposite effect. Whether you’re looking to sell your home in the near future or not, there are some tips you…
All your dedication has paid off. After searching through a ton of real estate listings and viewing several houses, you’ve finally found your perfect fix and flip project. Your diamond in the rough is still very rough, and so begins the next part of your fix and flip adventure. It’s time to make that diamond…
So, you are looking for a new way to invest your money, and are considering purchasing a fixer-upper home to flip. Perhaps you even know what type of home you want to buy, and you know what neighborhood your ideal flip would be in. However, finding the right property to flip, that has potential without…
