Fixing and flipping real estate correctly for a large profit is work. Even knowledgeable and experienced investors may have a “gotcha” situation they did not expect or see coming. This is not a common occurrence once you have completed a couple of successful fix and flips. Most investors cause their own troubles when rehabbing a property. Their mistakes can be … Read More
What is the Difference Between Wholesaling and House Flipping?
A lot of people will tell you that you can dip your toes into real estate investing by starting out as a wholesaler. And, when you first look into it, it seems like a good idea. It’s a lot like flipping houses, but instead of doing all the rehab work and taking all the time to get the house in … Read More
Is There a Chance That I’ll Lose Money Flipping Houses?
Is there a chance that I’ll lose money flipping houses? It’s the question that troubles all new real estate investors, after all no one wants to lose money! Investing is risky, there’s no doubt about it. If you decide to invest in the stock market, you are always going to be at risk of losing money. Returns on stocks aren’t … Read More
6 Helpful Apps to Make Your Next Remodel a Breeze
Whether I’m purchasing paint or flooring for a flip, taking measurements of a home, or otherwise need interior design inspiration, my phone is always by my side! Many people are surprised to hear that I rely so much on my phone when I’m remodeling, but I consider it a must-have tool for my projects. If you need to lay out … Read More
3 Questions Buyers Will Ask You at an Open House - And How to Answer Them
I absolutely adore showing our flip houses. As much as I love getting an offer and closing on a great deal for us and our buyers, honestly, the best part of the whole process is seeing people’s faces when they walk in the door. I just can’t get enough of it when people walk in and basically fall in love … Read More
4 Reasons You Should Be Going to Real Estate Networking Events
As you probably already know, the real estate business is all about reputation and relationships. As you’ve started to grow your real estate investing business, you’ve created and built relationships with real estate agents, contractors, wholesalers, and others in the real estate investing industry. With each new person you meet, you get access to even more people in the business, … Read More
4 Tips for Becoming a Better Negotiator
Where do you make your money when you flip houses? If you’ve been in the real estate investing business for a little while now, you already know that you make your money in house flipping when you buy your properties much more than when you sell them. When you buy a property, you already know about what it’ll be worth … Read More
6 Tips for Holiday Home Staging
I love the Christmas season; the food, the family, the decorations. As great as the holidays are though, when it comes to real estate, this is considered the worst time of year to sell a home. But if you do decide to a sell a home this season, you’re in luck. Home buyers tend to be more serious around the … Read More
Invest or Save? What Should You Do with Your Nest Egg?
When Christina and I started flipping houses, we really didn’t have much in the way of savings. To get our real estate investing business off the ground, we started working with investing partners and private lenders. Just like you, we were looking for ways to invest in real estate with no money, so we put in the sweat equity while … Read More
3 Rehab Mistakes That Seemed Like a Good Idea at the Time
Over the years that Tarek and I have been running our house flipping business, we’ve learned quite a lot about what to avoid when rehabbing. In fact, I was thinking just the other day about how many mistakes we made on our first few house flips, especially when it came to rehabs.The thing about home renovation mistakes is that they almost … Read More
