Ideal Flip is the Ideal Purchase
Novice house flippers are often eager to pull the trigger on their first rehab investment. However, the real work of rehabbing doesn’t start when the property is purchased. The real work begins months before that with intensive research about the best places to buy and the property types that local buyers are looking for. Research […]
4 Hurdles House Flipping Investors Must Overcome
Fix and flip investing is one of the most profitable opportunities in the current housing market, but it’s not without its hurdles. Below are four of the most common challenges that house flipping professionals face and tips for overcoming them: 1. Finding a property at the right price. Fix and flip investors are regularly limited […]
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 […]
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. […]
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 […]