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.
According to the June 2018 job report released by theBureau of Labor Statisticsthe 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.