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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

June 2018 Adds 213,000 Jobs Which Is Good for Real Estate

Posted by Bobby Montagne on Jul 13, 2018

According to the June 2018 job report released by the Bureau of Labor Statistics the United States has added 213,000 jobs. The total is actually larger than the 200,000 jobs economists had originally projected. Overall, job growth was identified in professional and business services, manufacturing, and health care – and the unemployment rate rose to 4 percent.

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Topics: In the News

How to Spot an Up and Coming Neighborhood

Posted by Bobby Montagne on Jun 24, 2018

I recently had the opportunity to speak with Jeff Clabaugh from WTOP Money to share some insight into what telltale signs to look for when trying to identify the next hot neighborhood. Listen below.

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Topics: Real Estate Trends

What is Rental Property Depreciation?

Posted by Bobby Montagne on Jun 19, 2018

People often associate depreciation with the inevitable wear and tear of a rental property; however, this theory could not be further from the truth. Depreciation is the allocation of property costs – and isn’t necessarily assessing the actual value. Landlords and entrepreneurs will depreciate rental property, even if the house or building is in perfect shape.

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Topics: FAQs

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

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