Real Estate Investing: Identifying Your Investing Style

Real Estate Investing: Identifying Your Investing Style

Are you just starting on your real estate investing journey? Many newcomers are surprised to learn that there's more to making money on the real estate market than buying and selling. These are some of the most popular strategies real estate investors use to create profits. Which one is right for you? Buy And Hold Buy and hold investors play the market like stocks. They buy properties when prices are low, then hold them until values are high. During the holding period, some investors choose to offer their properties as rentals. Apartment buildings are also a popular option for buy…
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What is a Rehab Loan?

What is a Rehab Loan?

A rehab loan is also referred to as a renovation loan and it will allow property buyers to finance both the purchase / refinance and rehab of a property through one mortgage. If you are planning on flipping houses for profit, you will likely have to make significant repairs and renovations to the house. In order to do this, you’ll probably need a rehab loan to pay for the property and its repairs so you can sell it at it’s new value.  There are three main types of rehab loans for investors you should know about: 1. A FHA 203(k)…
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Getting Started in Fixing and Flipping

Building a career buying property, fixing it up and then selling it for a profit can be a lucrative endeavor. However, it is also very competitive. You must make sure you have a good plan in place to be successful. There are some tips and advice that you should consider before you launch yourself into the fix and flip rehab market. Start With a Good Plan You should approach a fix and flip career as you would any other business. Create a solid business plan before you begin. Your plan should lay out all the details of your business. Make…
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Smart Money Investor: Fix & Flip 101! — Part 1

How to separate the fact vs. fiction of flipping properties.  No question reality TV shows have shown many of us a glamorous side to the profit potential.  However, does it show the true story?  What are some of the basics you need to know to become successful as a real estate investor? Data is as critical to your success as a fix & flip investor as cash flow.  ATTOM Data Solutions, the average gross profit for house flipping was $62,300 in the first quarter of 2020. This equates to an average percent return of 36.7%, which is down about 3%…
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Make Fix and Flip Work for You: Tips to Succeed in the Rehab Property Market

Building a career buying property, fixing it up and then selling it for a profit can be a lucrative endeavor. However, it is also very competitive. You must make sure you have a good plan in place to be successful. There are some tips and advice that you should consider before you launch yourself into the fix and flip rehab market. Start With a Good Plan You should approach a fix and flip career as you would any other business. Create a solid business plan before you begin. Your plan should lay out all the details of your business. Make…
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