Out of new houses sold in August 2022, the median sale price was $436,800, with the average sales price being $521,800. These days real estate investing doesn’t just mean buying a property and renting it out; fixing and flipping homes is also a great way to get into the real estate investment game. So, keep […]
How to Fix and Flip a Home: A Guide for Investors Read More »
For many, vacation properties present an exciting opportunity to earn rental income. Yes, vacation rentals make people money, but before investing in such a property, make sure you purchase your “fix and flip” or turn-key property in the right market. Here are some of the top vacation property markets in the U.S, according to a
Top US Markets For Vacation Rental Properties Read More »
A home inspection contingency gives buyers the chance to hire someone to tell them about issues with the home before purchasing it. These issues can be major or minor and many lenders don’t offer financing on a home unless there is an inspection. Potential buyers have a window of seven days (in most cases) to
Importance of Home Inspection Contingency Read More »
Closing Costs – The Rundown Closing Costs are simply processing fees paid to your lender. These fees are the charges for creating your loan and cover things like your appraisal and searches on your homes title. Your specific costs will depend on the type of loan you have and your location. So How Much Are
Closing Costs: What Are They & What Will You Pay Read More »
When you overspend on the front end of your home purchase, it can be much more difficult to earn the the big bucks. The 70% rule can help you figure out of the price is right for you. Using this great rule as a general guideline can help keep your front-end spending on the right
The 70% Rule in House Flipping Read More »
The BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Method is a real estate investment strategy that involves flipping distressed property, renting it out, and then cash-out refinancing it in order to fund further rental property investment. The BRRRR Method allows you to use investments more efficiently. If you have friends or relatives keen on investing or
The BRRRR Method – Buy Rehab, Rent, Refinance Read More »
Taking on the title of “landlord,” can be daunting. It is by no means easy, but you can create a checklist for yourself so that each time you are approached by your renter, you are as prepared as possible. Here are some tips to help ensure that as a landlord you are giving your renter
10 Tips For Being a Landlord Read More »
Hiring the wrong contractor during your home remodel or construction project can result in higher expenses, lower quality workmanship, and legal hassles down the road. It is paramount to connect with several contractors, give yourself options, and do the research about their work before you commit to one for your project. Here is how you
How To Vet Your Contractor Read More »
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