The U.S. home market increased by 6.2% to stand at a $33.3 trillion valuation in 2018. The real estate market has recovered from the 2011 slump that valued the industry at $10.8 trillion. With the market still on the rise, more companies and individuals are swooping in for deals. It’s essential for you as an… Read more »
Starting a real estate business can be one of the most exhilarating yet challenging experiences of your life. In the U.S., small businesses account for 99.5% of all registered companies, yet most die off by the fifth year of operation. One of the leading factors of the shutdowns is access to capital. Given that approximately… Read more »
A great way for real estate investors to make money fast is by flipping houses. When you want to buy and flip a house there are a few tips that can help the process go smoothly. Do you already have the funds to purchase a house to flip? Most investors don’t typically have money available… Read more »
Reality shows make house flipping look easy. They look at a few fixer uppers, pick out some flooring, and 30 minutes later they’ve sold a home for a huge profit. However, a lot more goes into flipping a house than what you see on television. And new flippers tend to make mistakes. Here’s what they… Read more »
House flipping business is one of the few lucrative ways to make money in the real estate industry. Just like any other business, property flipping demands knowledge, proper planning, and you being savvy to be successful. This way, you’re able to minimize financial risks and maximize your returns. So, where should you start? If you’re… Read more »
For most people within the house flipping business, the question that arises quite frequently is, “Where do I source funds for my next deal?” The nature of this business dictates that you have ready cash to cut into the discounted prices. However, with bad credit ratings and other loans haunting you, it may prove difficult…. Read more »
In the U.S., an average citizen is approximately $38, 000 debt–and that is excluding their mortgage. Such levels of debt have become limiting factors for individuals looking to invest in real estate and property flipping. Remember, having a bad credit score can make it hard to get a mortgage from a bank. Additionally, traditional… Read more »
Property flipping — more commonly referred to as house flipping — can be an exciting, engaging way to make money in real estate. However, there’s a catch: you’ve got to do it right to reliably turn a profit. And most people who try to flip houses for a living make a lot of costly mistakes… Read more »
Hard money loans have certain characteristics that make them suitable for investors and businesses. They are flexible and are offered by individuals, private lenders, and some financial institutions. One advantage is that they typically take a short time to process. In some cases, it can take as little as a week to get approved. With… Read more »
Hard money loans are a specific type of loan that you cannot get through a bank or other normal financial institution. They are usually provided through a private lender and are often used for real estate purposes with a high turnaround rate. They might also be considered “fix and flip loans” or even mortgage loans,… Read more »