Picking up a Fix & Flip property is an alluring investment, but it’s not without risk. Check out the video below to find out the 4 must-do renovations to help you mitigate risk and make the best return.
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.
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.
Making the decision to become a fix-and-flipper is only half the battle - in fact, it’s the easiest part of the battle. The most difficult half is deciding where you’ll focus your property search and what the specific property will be. Of course, you could just run out, find a house that needs fixing up just about anywhere, and get to work - but to ensure you get the highest return possible you’ll want to do your research into various neighborhoods and make sure of these 4 things:
People get into real estate investing for a variety of reasons: maybe they love hunting down the perfect property, or they get a thrill out of racing the clock on renovation projects. Perhaps redesigning interiors gets their heart pumping - but at the end of the day there’s one really big, fairly consistent reason… they’re looking to make money. After all, if you don’t turn a profit at the end of a fix and flip project it could be much more difficult to get your next one off the ground, especially if you’re just starting out. With that in mind, we’re going to take a look at 10 fix and flip trends that will make you money in 2018, and help set you on the path toward financial success.
When it comes to financing options for flipping homes, a fix and flip loan is most likely going to be your best bet. There are, of course, a variety of financing options for borrowers and developers, but there are a number of reasons why fix and flip loans specifically are exactly what you’re looking for.
A kitchen remodel is no easy feat and should not be done impulsively. As a hub to home life, it’s important that you carefully think through all the needs and requirements of your kitchen. To help you decide what type of kitchen is best for you, here are four questions you should ask yourself before embarking on the kitchen remodeling journey...
At Walnut Street Finance, we take our due diligence seriously. One of the most important aspects of any real estate investment plan is to ensure that the type of property you’re planning to develop – whether it’s being built from the ground up or renovated – fits the market in which it's located. Unfortunately, this aspect of planning can be overlooked by developers who are in a rush, have a “signature style,” or who simply don’t know the market well enough – and that can be bad news for their investors, who may not see the returns they would ordinarily expect.
We decided to compile a list of resources to help you along your fix and flip or property rehab journey. These blogs offer a wide-range of things, such as tips on design, do-it-yourself tutorials, and even the latest home trends. The list goes outside the box of typical real estate investing blogs and dives deeper into the beauty of real estate design.
Real estate investors typically seek foreclosed or older homes because they come at a good price. But often times, these types of homes require a little (sometimes a lot) of love. At the end of the day, the work you put into your rehab property should generate a considerable return on investment. So, how does one determine if they should rehab to rent or rehab to sell?
When picking a property to fix and flip, a few of the most common ways to add value include: kitchen upgrades, finishing basements, a new paint job, and installing new flooring. However, there are a few other not so obvious ways to enhance your property, especially for the millennial crowd.
We live in a day and age where technology dominates our lives. We are more connected than ever through our smart phones, tablets, streaming devices and even our TVs. In a 2015 survey by Better Homes and Gardens, 64% of millennials surveyed were interested in having smart technology in their homes.
Sometimes working alongside your spouse can be a challenge. There are couples who pull it off magnificently, see Chip and Joanna Gaines, while there are others who encounter serious problems. But it doesn't have to be the end of the world if you do come to a disagreement - you just need to be patient, learn to communicate and plan. Here are some tips to help you and your spouse work together to buy, fix and flip a house without undue drama.
When you invest in fix and flip properties, you know that you are going to have to dedicate time, energy and resources renovating the properties that you purchase. However, there are some renovations that are worth more than others.
As you develop your house flipping budget, consider focusing on these 4 renovations to maximize profits...