Philadelphia is rich with possibility when it comes to finding the right places to invest in real estate. Whether you’re looking to do a quick fix and flip, purchasing rental property or think you can simply buy low and sell high on an existing property, The City of Brotherly Love is the perfect spot. Its economy is decent and its job prospects are high, meaning you can find some good deals in up-and-coming neighborhoods. But where are these neighborhoods, and what makes them better than the rest?
The word “lien” conjures up images of evil bankers coming for your property, leaving you shivering on the sidewalk. But before you start worrying about liens being placed on your property for some reason, it’s best to educate yourself. We’re here to de-bunk some of the myths behind liens, as well as explain exactly what liens are, the different types of liens and why they happen, and what to do if a lien has been placed on your investment property.
So you’ve found the ideal property, and you’re ready to get moving on construction. But there’s the issue of financing. Unless you’re sitting on a sizable chunk of investment capital, you’re going to need some help. But here’s the challenge: there are a lot of different construction loan options, and deciding which is right for you isn’t as simple as it should be. Where do you even begin?
When it comes to renovating a home, there’s always something new to learn, whether it’s your first flip or your fiftieth. We convinced a few renovation contractors to spill their top three tips they think everyone should know before they embark on a home renovation.
One of our most popular requests to come out of our last two meetups was a discussion around insurance. From natural disasters to business disasters, we are hosting an evening of education in October with guest speaker Maggie Chenault of M A Chenault Insurance Services to help answer all of your insurance questions.
When embarking on a renovation journey, you want to be sure you choose the right person to help you succeed. Depending on the level of work you’re planning to do, you might want an interior designer or a renovation contractor to help with your investment project. If you’re new to the renovation game, you might be wondering how the two differ and what the pros and cons are for each.
Hurricane Florence is quickly approaching the Carolinas and Southern Virginia area. However, that doesn't mean that surrounding areas will not be affected as well. Have you taken the necessary measures to minimize the damage to your investment property?
When it comes to renovating an investment property, investors rarely — if ever — slap some new paint on the side of the house and walk away with a profit. There are usually a few major repairs, additions, and more. These jobs are called “fix and flips” for a reason, so get ready to fix some things.