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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

American Employers Expanding Payroll, Unemployment Rates at Record Low

Posted by Bobby Montagne on May 14, 2018

April 2018 marked the 91st consecutive month of employment gains. Since 2014, the average monthly job gain has steadily declined. While it may seem alarming, that is actually normal for a recovering economy.

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Topics: In the News

March Jobs Report: Continued Hiring Doesn't Translate to Wage Increase

Posted by Bobby Montagne on Apr 14, 2018

According to The Wall Street Journal the United States added 103,000 jobs last month – this number was below expectations of 178,000. Overall, the unemployment rate held at 4.1 percent and hiring remained strong.

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Topics: In the News

It's Flipping 2018! 5 North Carolina Real Estate Hotspots To Watch This Year

Posted by Bobby Montagne on Mar 27, 2018

Rich in everything from cuisine to culture, North Carolina is one of the ideal investment sites for fix and flippers in 2018. From its sandy beaches in the east to the Blue Ridge Mountains in the west (along with more than a few up-and-coming neighborhoods in between), the timing is just right for an investment in real estate.

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Topics: Real Estate Trends

3 Things to Check Before Selling That Fix and Flip

Posted by Bobby Montagne on Mar 22, 2018

Fixing and flipping a home is no small task. While it can be an exhilarating and rewarding way to turn a profit, it certainly requires some hard work and the willingness to take on a little bit of risk.

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Topics: Fix And Flip Advice

3 Ways House Flipping in Charlotte Can Be Profitable

Posted by Bobby Montagne on Mar 21, 2018

House flipping in Charlotte, North Carolina is at its highest level in more than 10 years. As the area becomes more appealing for working professionals and families alike, properties are being snatched up at a breakneck pace by residents and flippers.

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Topics: Fix And Flip Advice, Real Estate Trends

Renovate vs. Rebuild - The 5 Major Differences You Need To Know

Posted by Bobby Montagne on Mar 16, 2018

Renovate or rebuild: This is the ultimate decision when considering a real estate investment. This choice will determine how profitable your investment will be in the long run, so here are 5 major differences you should be aware of before you decide.

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Topics: Home Renovation & Design Tips

Want That Beautiful New Kitchen In Your Next Fix & Flip?

Posted by Bobby Montagne on Mar 13, 2018

So you’re ready to move forward with your next fix and flip investment, and you’re especially excited about building a beautiful kitchen. But before you start construction, here are five things to keep in mind to maximize your returns while making sure you build something truly spectacular. 

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Topics: Fix And Flip Advice

Should You Borrow Money From A Family Member Or A Hard Money Lender?

Posted by Bobby Montagne on Mar 8, 2018

No matter what the project, deciding whether to borrow from a family member or a hard money lender can be a difficult choice. 

 

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Topics: Hard Money Lenders & Loans

6 Tips To Save Money On Your Next Fix & Flip In Raleigh

Posted by Bobby Montagne on Mar 6, 2018

Fixing and flipping properties is a great way to increase your personal wealth, especially if you’re planning to fix and flip in Raleigh. However, in order to do it right you’ve got to make sure you’re taking the appropriate steps to save money on your costs so that you can see a profit after all of the hard work has been done. Here, we present six ways that you can save money on your fix and flip projects in Raleigh while also ensuring that the end result of your work is excellent.

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Topics: Fix And Flip Advice

Choose Your Own Adventure: Financing With Walnut Street Finance

Posted by Bobby Montagne on Mar 1, 2018

There are many factors that influence a borrower's decision to work with a hard money lender. 

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Topics: Hard Money Lenders & Loans

How To Pick The Best Contractor in Hampton Roads

Posted by Bobby Montagne on Feb 27, 2018

Choosing a contractor to work with during your fix and flip can be difficult whether it’s your first flip or your 50th.

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Topics: Fix And Flip Advice, Home Renovation & Design Tips

Real Estate Acquisition Loans: What You Need To Know

Posted by Bobby Montagne on Feb 22, 2018

A real estate acquisition loan is, conveniently enough, exactly what it sounds like it would be - a loan used to acquire property. However, there’s one pretty large caveat that goes along with real estate acquisition loans, and that is that they can only be used to acquire property. That means that if, as a developer or fix and flipper, you were hoping to take out a loan to purchase property and begin construction or renovation, this is not the loan for you - unless you’ve got other funds ready and available to get the project moving.

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Topics: Hard Money Lenders & Loans

Are The Risks Worth The Rewards With A Bridge Loan?

Posted by Bobby Montagne on Feb 20, 2018

With any real estate transaction there can be risks and rewards, including when you work with a lender to secure the financing on your deal. With bridge loans, there can be slightly more risk involved, since the main objective is to essentially have two loans out on two properties at once. However, for developers who know their market and are confident in their development plans, the rewards can outweigh the risks and provide a means for paving a smooth path to getting their next deal lined up and ready to go.

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Topics: Hard Money Lenders & Loans

Need Help Financing Your Investment Property? Learn About Your Best Options

Posted by Bobby Montagne on Feb 15, 2018

In a perfect world, financing your investment property would be as simple as taking out your personal (or business) checkbook, writing a check, and handing it over - no heavy lifting or strings attached. Unfortunately, for most developers that isn’t usually the case - especially when they’re first getting started in the world of real estate investing and development. After all, the funds to make the purchase need to come from somewhere, and until you’ve got a few flips and sales under your belt that money simply might not be there yet. So, if you’re weighing your options about financing your investment property, let us walk you through some of the best ones. 

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Topics: Fix And Flip Advice, Hard Money Lenders & Loans

Buying A Historic Home In North Carolina? Read This First.

Posted by Bobby Montagne on Feb 13, 2018

When purchasing a historic home in any market, it can sometimes be a bit more overwhelming and involved than purchasing a recent build. It goes without saying that historic homes have additional considerations - they may require updates to their utilities and infrastructure to make the house fully habitable, or to simply make them more comfortable to live in.  

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Topics: Fix And Flip Advice, Home Renovation & Design Tips

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