March a Huge Month for Home Sales in California
New data out of San Diego-based real estate firm DataQuick shows home sales were up 28.2% over the previous month. This substantial increase shows that the California market is quickly rising out of its winter housing slump and entering the prime buying season of spring. House flippers should take note and snatch up properties before […]
Before Pursuing Rental Real Estate Investing, Remember these Factors
Buy and hold real estate boasts numerous benefits. With both home prices and rents on the rise, rental real estate investing lets individuals collect monthly rental income as well as the long-term ROI associated with the ultimate sale of their property. However, buy and hold real estate isn’t for everybody. Before you decide to dive […]
What Makes a Rental Property Investment Profitable?
Buy and hold real estate is one of the smartest investment opportunities of 2014. Both home prices and rental prices are on the rise around the country, and many people who are able to buy are instead choosing to rent due to low home affordability and the ever-lessening stigma on renting. One of the most […]
California Sellers Have the Upper Hand this Spring
According to the Los Angeles Times, sellers currently have the upper hand in many of California’s biggest housing market. Home prices leveled off during the winter months, as is typical of that time of year, but in strong seller’s markets, homes sold quickly and with very few price cuts. In top markets around California, home […]
Are You Making These Basic Rehabbing Mistakes?
The market is ripe with opportunities for rehabbing homes throughout the state of California. Investors are currently making an average of nearly $100,000 gross profit per flip in California, the second highest earnings of any state. But while real estate rehabbing has ample opportunities for success, basic mistakes will set novice investors back every time. […]
House Flipping Grows by 114% in the US
RealtyTrac has released data on the top six states for house flipping in 2013, and California is second on the list. According to an article out of USA Today, more than 156,000 homes were flipped in 2013, which marked a significant uptick from 2012, and more homes were flipped in California than any other state. […]
It’s Become Cheaper to Rent than to Own in California
The LA Times has shared new data out of RealtyTrac which shows that it’s now cheaper to rent than own a home in many of California’s largest metropolitan areas. Only 29 large counties across the nation are in a situation in which renting is cheaper than owning, but that list includes Los Angeles, Orange, Ventura, […]
Rehabbing vs. Buy and Hold Real Estate
Rehabbing houses and buy and hold investment strategies are two of the most popular ways to invest in real estate. While these strategies are quite different in their execution, there’s a lot of overlap in the skills and financial requirements of these types of investments. Often, the housing market dictates which form of investment might […]
California One of Top 6 States for House Flipping
RealtyTrac has released data on the top six states for house flipping in 2013, and California is second on the list. According to an article out of USA Today, more than 156,000 homes were flipped in 2013, which marked a significant uptick from 2012, and more homes were flipped in California than any other state. […]
Renting to be the Real Estate Trend of 2014
The American Dream of owning your own home is becoming a thing of the past. Homes are becoming less affordable as salaries are failing to keep up with rising prices, and many Millennials who were burned during the housing crisis are unlikely to give homeownership another shot anytime soon. Even young families who made it […]