Your flip will only be as good as the people on your team. Hiring a contractor can take time but it is worth the work to get a contractor within your budget, who agrees to your timeline, has good reviews, and who you get along with. I have looked for and vetted many contractors, and, thankfully have found some who check all these boxes and who I stick with at this point. For you to do the same, … [Read more...] about 10 Things to Look For in a Contractor
remodel
8 Ways to Save Money on Renovations
A primary way you can lose profit on your flip project is by over-renovating. Over time, you’ll learn how to best walk the line between renovating enough and not too much. Think strategically to ensure you’re renovating what needs to be done without overdoing it. It’s a balance with an end goal of attracting the most potential buyers. There are eight main areas to consider when planning … [Read more...] about 8 Ways to Save Money on Renovations
Exterior Renovations Three Ways – Best Ways to Upgrade and Save
Curb appeal is key to an exterior renovation. The smaller touches like a bold front door, new address numbers that have a modern edge and a lantern or two can make the exterior one that can't be missed. But there's some large ticket items like a roof, windows and siding that you may need to address too. These items can take up a sizable part of a renovation budget. If you're fortunate you may … [Read more...] about Exterior Renovations Three Ways – Best Ways to Upgrade and Save
How to Flip a House: Renovating Your Flip
The past couple of weeks I’ve broken down the process on how to find a flip property and how to fund your flip. But it doesn't stop there. Once you've got that home under contract the fun begins. It's time to begin the renovation process. Key decisions are made here that will add value to the property and ultimately lead to matching your flip home with a buyer. For those who are … [Read more...] about How to Flip a House: Renovating Your Flip
How to Fund a Flip – Find Money and Pick the Best Option
How to fund a flip is an area that can really trip people up when it comes to house flipping. For years, I didn’t move forward with buying a flip because I believed there was just one way to purchase a house and renovate it. By having cash. While that is an ideal option, there are definitely other ways to do it. When you're just starting out and looking to build your profits for re-investment, … [Read more...] about How to Fund a Flip – Find Money and Pick the Best Option