Though it may be tempting to look to the media for insight real estate is incredibly localized. General statements about one market in the country may not be true for others. Here are a few benchmarks to look at in potential areas you may consider for flipping. While not all of these have to be present the more there are the stronger the indication that the area may be a great … [Read more...] about How to Find the Right Area for Flipping
What the Media Says about the Real Estate Market (and What to Believe)
The media has a lot to say about the real estate market, and I am here to provide clarity. I’ll answer: What should you believe from the media regarding the real estate market? Does a recession mean the housing market is going to crash? What happens in a recession? Can a housing market slow down or become more balanced during a recession? Does it have to be a dramatic 10 to 15% … [Read more...] about What the Media Says about the Real Estate Market (and What to Believe)
Which of these Five Real Estate Investing Strategies is best for You?
Real estate is generally a great investment option. Successful real estate investing can be a perfect way to achieve regular cash flow and long-term income. Getting into real estate also has tax advantages and helps you diversify your portfolio and leverage elsewhere. House flipping isn’t the only way to get into real estate investing. I’m going to share with you five ways to get into … [Read more...] about Which of these Five Real Estate Investing Strategies is best for You?
3 Traits of an Investor Friendly Realtor
An investor-friendly realtor can be a huge part of your success as an investor and house flipper. Investor-friendly realtors have traits that will help you access, buy, renovate, and sell your flip quickly and efficiently. Most real estate agents lack the knowledge that can really help you invest in the right properties. Investor-friendly agents, on the other hand, can have multiple helpful … [Read more...] about 3 Traits of an Investor Friendly Realtor
Which is More Important? Purchase Price or Sale Price?
The key to success is in the numbers when it comes to flipping. There are a few key numbers to consider when you start flipping, and you will decide what houses you’ll flip and which ones you’ll pass on based on these numbers. So, which is more important, purchase price or sales price? There’s actually a third number you’ll need more than anything else. Purchase Price The purchase price … [Read more...] about Which is More Important? Purchase Price or Sale Price?