Here is the beautiful thing about making a decision. Once you decide to start, then you still actually have time before other things have to be done. Here’s an example...once you decide you are going to flip a house in the next 6-12 months, you don’t have to have all the answers at that moment. The truth is, you can make a decision with no money. That is why you don’t necessarily … [Read more...] about Amber’s Biz Tip: How Much Money Do You Need to Get Started?
It all starts with the numbers. This number might include a lump sum, an amount you’d be willing to lose if you have to sell the house quickly, or additional monthly debt payments you can handle if you end up not being able to sell the house. Then divide your budget into four parts: house purchase, renovations and carrying costs, selling costs, and cushion. Determine how much cash … [Read more...] about Amber’s Biz Tip: House Flipping Budget…Tips to Stay on Track
One of the first steps when flipping is what I call "knowing your numbers." So since I've flipped more than 150 homes in the Minneapolis area, I get asked this question all the time ... How do you know if you've found a good deal on a property? I have a freebie checklist that will help you -- 8 Things I look for When Purchasing a Home. Just click here to download it. Leave me … [Read more...] about Amber’s Biz Tip: How to Find a Good Deal When it Comes to Flipping
It is very easy to feel overwhelmed by all of the amazing styled home images we see on Instagram and Pinterest. The great thing about them is that they provide tremendous inspiration and there are always variations that can be adapted to fit your space and budget. They are also a great way to determine what your preferred style may be. I have put together a list of some ideas for … [Read more...] about My Top 7 Best Budget-Friendly Home Upgrades you can Do Yourself … for the Biggest Impact!