Bobby Montagne

Bobby Montagne is a real estate entrepreneur with three decades of experience in commercial and residential property development, finance and sales. Having successfully overseen $15 billion in career transactions, he is among an elite class of real estate innovator that has consistently delivered high quality returns to partners and investors.

Recent Posts

How to find the perfect real estate investment property?

Posted by Bobby Montagne on Jul 25, 2017

 

Buying, fixing, then selling properties is a lucrative venture, and the number of homes being flipped annually is on the rise. In fact, according to a report released by ATTOM Data Solutions, house flipping hit a 10-year high in 2016, noting that there were 193,000 flipped homes across the country. But identifying the right real estate investment requires you to find properties with features that appeal to buyers in the current market.

Here's what to look for during your search for the perfect investment property to fix and flip:

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Topics: Real Estate

Is Your Spouse a Good Fix and Flip Partner?

Posted by Bobby Montagne on Jul 21, 2017

Sometimes working alongside your spouse can be a challenge. There are couples who pull it off magnificently, see Chip and Joanna Gaines, while there are others who encounter serious problems. But it doesn't have to be the end of the world if you do come to a disagreement - you just need to be patient, learn to communicate and plan. Here are some tips to help you and your spouse work together to buy, fix and flip a house without undue drama:

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Topics: Home Renovation

4 Must-Do Renovations for Your Fix and Flip Properties

Posted by Bobby Montagne on Jul 6, 2017

When you invest in fix and flip properties, you know that you are going to have to dedicate time, energy and resources renovating the properties that you purchase. However, there are some renovations that are worth more than others.

As you develop your house flipping budget, consider focusing on these 4 renovations to maximize profits:

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Topics: Home Renovation

4 Ways to Get a Loan From a Private Lender

Posted by Bobby Montagne on Jul 3, 2017

So, you've found a great fix and flip opportunity, but you lack the time or the pristine credit profile that an institutional lender typically requires. Next stop? A private lender that offers the speed and flexibility that will get you to the closing table before the competition.

Here are four ingredients to a solid business presentation that will help get your real estate investment funded.

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Topics: Hard Money Lending & Processes

Top Fix and Flip Cities in Virginia

Posted by Bobby Montagne on Jun 29, 2017

House flipping, generally defined as selling property in an arms length transaction a second time within a 12-month period, is increasing all across the country, according to Realty Trac, the information center that keeps its focus on real estate trends. During the first quarter of 2016, 6.6 percent of all sales nationally were considered flips, and the average gross profit from those flips reached a 10-year high. 

When it comes to Virginia, it seems that the state isn't just for lovers - it's a good place for flippers, too. Here are some of the cities that are most conducive to fix and flip success...

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Topics: Real Estate

6 Apps that Will Make You a Better Real Estate Investor

Posted by Bobby Montagne on Jun 27, 2017

To succeed as a real estate investor, you need to know how to use the available tools and resources as efficiently as possible. You likely aren't going to have hours upon hours every day to sit in your office and mull over the numbers, search for hard money lending options, scout potential properties and reach out to potential buyers. Rather, you are going to be a mobile operation, spending more time at your investment properties than you will behind a desk.

From assessing your potential profit to determining if a particular hard money lending option is the right fit for your investment, these apps will make you a better real estate investor:

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Topics: Hard Money Lending & Processes

What Are Two Ways to Find a Reliable Lender for Your First Flip?

Posted by Bobby Montagne on Jun 22, 2017

Having a reliable lender back your real estate investments is crucial to ensure your venture is successful. But where can you find a reliable fix and flip lender? If you’re new to flipping properties or don’t know where to start looking for lenders, there are two ways to find reliable and trustworthy hard money lenders:

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Topics: Hard Money Lending & Processes

Do I Need Title Insurance For My Fix and Flip?

Posted by Bobby Montagne on Jun 14, 2017

As you may know, title insurance protects real estate owners and lenders against property loss or damage that might occur because of liens, encumbrances or defects in the title to the property. A title insurance policy may seem seem like a no-brainer for a traditional 30-year mortgage, but what about a fix and flip real estate investment that you plan to be in and out of within 6-9 months?

Does a fix and flipper really need a title insurance policy?

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Topics: Acquisition Loans, Real Estate Entrepreneurs

5 Real Estate Investing Mistakes to Avoid

Posted by Bobby Montagne on Jun 9, 2017

Some may say HGTV has made house flipping seem glamorous.  A real estate investor identifies a distressed property, knocks down walls, picks out new appliances, granite and tile, paints the walls, plants some flowers and voila - there's a $50,000 profit to be had. However, in the real world, it doesn’t always work out that way.

Here are 5 mistakes to avoid to help ensure your house flip is a success:

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Topics: Hard Money Lending & Processes

Investing in Real Estate? Know What to Expect at the Closing Table.

Posted by Bobby Montagne on May 24, 2017

Investing in real estate is something that becomes less intimidating or confusing the more familiar you become with the process. The closing table represents the pinnacle of success for the buyer, as well as the seller. One person walks away with the keys to a new piece of real estate, and the other receives a (hopefully sizeable) proceeds check. It’s a win-win situation.  Except when it’s not. Things can and do go wrong at the closing table.

Does knowing what to expect at settlement increase the likelihood of a successful transaction for both parties?

Short answer: Yes. Let's discuss...

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