Things to Look for in a Private Money Lender
Choosing the right private money lender for your house flipping loans is about more than just the numbers. Of course, the numbers are important, and the terms of your loan should be a top consideration. But don’t make the mistake of simply comparing loan top-sheets. Two rates might look the same, but actually be quite […]
Real Estate Trends to Watch for in Fall of 2017
It’s nothing but good news for house flippers this fall. All of the real estate Fall 2017 trends follow what we’ve seen over the last few years – low inventories, rising home prices, increased buyer confidence, and rising rents. Whether you’re looking for your next buy and hold property or looking to break into the […]
What is Debt Coverage Ratio?
You may have seen the term “DCR” or “DSCR” while learning about flipping properties and had no idea what it meant. One of the downfalls of property investors is that we use far too many TLAs – three letter acronyms. DCR stands for debt coverage ratio. DSCR stands for debt service coverage ratio and means […]
Numbers Show The Bay Area is in Demand
The fact that the Bay Area is one of the hottest housing markets in the country isn’t exactly ground-breaking house flipping news. But you may be surprised to learn just how much home prices have increased here over the last five years. According to The Mercury News, home prices in the Bay Area have effectively […]
What’s Going on with California Foreclosures?
House flipping and foreclosures: they generally go hand-in-hand. People who are new to the business often think that house flippers depend entirely upon new foreclosures. But foreclosures are way down in California, and house flipping is up. How can that be? The Numbers: Foreclosures & Flips in California In 2016, foreclosed homes represented about half […]
Guide to Using Our Deal Analyzer
All the house flipping tips in the world won’t save your flip if you don’t take the time to do the math before you make your investment. Being diligent about the numbers upfront can save you a great deal of time and energy, as well as a great deal of money. But where to get […]
Acquisition Strategies Used by Experienced House Flippers
If your only method for finding new investment properties is surfing the MLS, you’re likely far behind your competition in terms of deals. We can provide you with all the house flipping tips in the world, but if you can’t find a property to rehab in the first place, they’ll all be moot. Experienced investors […]
How to Find Top-Notch Contractors for Your Flip
In the battle for worst people to work with, contractors give lawyers a run for their money. It seems that every house flipper has horror stories about contractors who fell way behind schedule, delivered shoddy work, or simply didn’t finish the job. Finding a great contractor is like finding the golden ticket – it can […]
Guess Which Room Generates the Most ROI When Remodeling?
Which room would you think has the potential to generate the best ROI in a house flip? The master bedroom? The kitchen? The answer is actually the bathroom. A mid-range bathroom remodel during house flipping has the great potential return on investment. If you put $3,000 into a bathroom, the expected return is $1.71 for […]
House Flipping: Our Big Tips for Big Returns
House flipping is both a science and an art. There are mathematic principles that should be abided by, but there’s also a fair amount of gut instinct and taste involved, both of which are nearly impossible to teach. You’ve heard us harp on the importance of doing your research and making sure the numbers line […]