Estimating the Cost of Repairs for Flipping a Rehab

The most commonly-employed strategy for flipping homes (short-term ownership of real estate) is to fix and flip a rehab property. The investor finds a property for sale that needs repairs, buys it at a price well below the retail market value, assumes responsibility...

FLIP, NOT JUST ANOTHER FOUR LETTER WORD

The day HUD released FR (Final Rule)-4615 Prohibition of Property Flipping, “flip” became a four-letter word. Utter the F word at a real estate conference or seminar, and you’re liable to be spending your lunch break at a cozy table for one. After...

Basics to do a “Fix and Flip” sale

Everybody sees these type homes on the market, they’re nothing new.  Deciding on what properties out there could and should be your next “fix and flip” project is a little harder to see, but here goes.  There are some $1M properties on the market right now that are...

6 FUNDAMENTAL STAGES OF ANY MAJOR REHAB JOB

Properties that are in need of a major rehab can be some real money makers. The worse the property’s condition, the better the deal usually is and the better the profit will likely be. The reason these properties can be such a good deal is simply because there is so...

DETERMINING A HOMES VALUE

Interested in buying a piece of real estate? Many real estate investors and first-time homeowners seem to focus on the style and functionality of their potential purchase, thinking that these aspects help to increase the property’s value. They seem to have...
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