Want to stay up to date with the latest real estate news? Twitter is a great resources. If you’re not familiar with Twitter, it’s a social media platform that curates content by allowing you to choose the people you want to receive content from. The real estate industry has taken to this platform as a way of distributing the latest real estate news. From agents who want to share their latest open houses to tips for the latest trends in home design; there is something for everyone. Here’s a list of real estate related Twitter accounts you should be following...
Millennial requirements for a home vary vastly from their predecessor generation. The most important items, according to a Northshore Fireplace survey, included new appliances, large master bedroom, 2-car garages and smart technology, like solar panels.
Location is another decisive factor for millennials, with 63% choosing to be within 25 miles of a major city.
But they may not be the major cities you’re thinking of…
YouTube has become a source of entertainment for our mobile generation. Amateur and experienced filmmakers have taken to this channel to showcase their skills and share their lives. It has also become a host for educational videos - from how-to’s to do-it-yourself videos - you can find just about anything. Almost 5 billion videos are watched on YouTube daily, with over 300 hours of content uploaded every minute! Every industry, including real estate, has flocked to this channel as a way to further help share their tips and tricks. We put together a list of some of the top YouTube channels you should subscribe to if you're active in real estate or planning to dive into the fix and flip world.
The internet has a plethora of resources - you can practically Google anything and find an answer before you even finish typing your question in the search bar! But sometimes with so many options and pages upon pages of maybe related answers to your question; it can get overwhelming.
For this reason, we like to throw it back and pick up a good ol’ book. There’s something about a well written book by an author who put forth the time and effort to create something tangible.
It demonstrates their passion, their dedication.
We did the work for you and picked out five must-read books for the real estate investor...also we're giving away a book bundle, so be sure to enter for your chance to win!
New to the world of real estate investing? We know that for first-time real estate investors, there’s a lot to learn about this industry and it can get overwhelming. But you don’t have to worry because we have been there before and are happy to be your guide through this new journey.
One of the most daunting things in real estate, or in any industry really, are all the acronyms. Have you calculated the LTV of the REI based on the ARV? WHAT??? We know, it may seem confusing, but once you learn what they mean, you’ll be speaking the real estate investor lingo in no time
Here’s a quick guide to some of the most used real estate acronyms in real estate investing:
Without a doubt, the biggest factor that goes into purchasing property - for business or personal reasons - is whether or not it’s financially feasible. Not to mention, by taking out a real estate loan to make your purchasing dreams a reality, the interest rate will surely come into play. Just one or two percentage points on the interest rate can make a significant difference to your monthly payments, which is why many property buyers keep a close watch on mortgage rates as they prepare to make their purchase.
If you work or reside in the Washington, DC metro area, chances are a good chunk of your day consists of commuting. According to a global traffic scorecard, Washington, DC ranks 6th for the most traffic congested cities in the United States. Look on the bright side! Long commutes mean more time to catch up on some real estate investor news and knowledge.
Here are 5 real estate investing podcasts that are guaranteed to entertain, educate and quite possibly make your next drive or ride much more bearable 🚗 🚌 :
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:
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...