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…
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…
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…
One of the biggest risks of fix and flip investing is the risk that you won’t be able to resell the home in a timely manner and at a price that you’re happy with. It’s essential to have a plan before you begin any house…
Summer is upon us, and the house flipping market is as hot as ever. Despite foreclosures being at their lowest rate since before the Great Recession, flippers across the country are making excellent returns on their investments. Homes purchased in the last few months and…
When homes are as expensive to buy as they are right now, rental rates go up. Across the nation, many people who could buy are choosing to rent instead, and many others are renting because buying is simply out of the question. For a plethora…
You can put all of the time and effort in the world into beautifully renovating a home, making sure every penny of your house flipping funding is used wisely and effectively; but if you’re not able to resell that home quickly, all of your profits…
The first question that most people ask when they explore the possibilities of house flipping is, “How much money do I need to get started?” As the old adage goes, it takes money to make money, and this is certainly true in the world of…
Across the nation in 2016, rent prices leveled off. This is good news for renters and for the housing market in general. New construction finally started catching up with demand, and more Millennials who had been avoiding the housing market started to buy. So what…
After the presidential election, federal mortgage rates went above 4% for the first time in two years. Given all of the upheaval that has occurred during the first weeks of Mr. Trump’s presidency, experts really aren’t sure what will happen to interest rates as the…