Blog
Debunking 6 Hard Money Loan Myths
True or false: the term “hard money loan” was coined because this type of loan is hard to get. The answer is: false. If a borrower has a good deal, the right documents in order, a well-prepared exit strategy, and enough cash to close, a hard money loan is relatively...
How to Line Up Buyers for Your Fix and Flip
The faster you can get from property purchase to sale, the more profitable your fix and flip will be. Time is costly for investors thanks to holding costs like loan interest, property taxes, and utilities - for each, the total amount you pay grows as time passes....
How to Fund Your Next Real Estate Investment: Banks vs Hard Money vs Cash [Infographic]
With so many options available for real estate loans, it can be hard for investors to decide what type of funding is best for them. Most people think of a traditional mortgage from a bank before anything else, but a conventional loan is not always the best option for...
Four Tips for Faster Flips
Time is a fix and flip investor’s worst enemy. The faster an investor can get from deal discovery to sale, the more profitable their business will be. Time hurts your bottom line thanks to: Loan interest payments Property taxes Utility costs Market fluctuations The...
2019 Prince George’s County Real Estate Investing Report
[su_note note_color="#ffffff" text_color="#282828" radius="0"] Prince George's Demographics [su_row][su_column size="1/5"][su_icon_panel icon="icon: user" icon_color="#095566" icon_size="50"]912,756 Population[/su_icon_panel][/su_column][su_column...
Real Estate Investing in Florida: The Best Cities for Flipping vs. Renting
When searching for the right location and real estate market to invest in, there are many factors to consider—availability, affordability, profitability, as well as economic strength and promise. With insight into Florida’s past, present, and future local markets,...
Why You Should Stay Local When Choosing a Hard Money Lender
With competitive deal terms and the ability to finance projects across the country, national lenders may seem like a viable lending option for some hard money borrowers. However, it is important to understand how many national lenders differ from their regional...
2019 Baltimore Real Estate Investing Report
What does Baltimore have to offer? A half hour from DC by train, Baltimore is a popular location for commuting professionals looking to save on living costs: Baltimore rent is 43% lower than rent in the Capitol City. Baltimore is also full of historical buildings and...
Proof Of Funds Letter 101
Purchasing an investment property is a process that requires a lot of important paperwork. In this post, we will break down everything you need to know about one of the first documents you should have on hand when beginning the investment process: the proof of funds...
How To Spot A (Potentially) Bad Deal Before It’s Too Late
Everyone who invests in real estate is after the same thing: a good real estate deal. Or a great deal. But a lot of factors go into making that happen, including no shortage of due diligence as well as some hard-won experience. But what’s just as important as the...
Intro To Urban Redevelopment Projects
Aside from the obvious benefit -- profit potential -- one of the most exciting aspects of flipping houses is the chance to take a rundown property and completely revamp it, creating for a striking before-and-after portfolio and the satisfaction of improving a...
Finding The Right Real Estate Agent For Your Investing Business
When you’re building a team for your investing business, one member in particular who can make an enormous difference is a real estate agent. Specifically, an agent who understands an investor’s needs. Often referred to as an “investor-friendly agent,” this person can...
Intro To Fix And Flip Terminology: Part 1
The fix and flip world is full of its own terms and lingo, from weird acronyms -- ARV? SOW? REO? -- to the technicalities of the renovation itself. As you research and then jump into projects, you’ll quickly pick up on the unique language of rehabs and real estate....
Tips For Estimating Rehab Costs Like The Pros
Are you wondering how to estimate and calculate rehab costs? The better you get at estimating rehab costs, the more successful you’ll be at flipping houses. And there’s a wide gap between those who are guessing and wishing versus pros who have an established and...
Renovate For ROI: Kitchen Renovations
You probably already know that a kitchen remodel is one of the best uses of your investment dollars. A minor kitchen remodel recoups 80.5% of its cost, according to Remodeling Magazine’s Cost vs. Value 2019 report, which ranked it the third highest percentage among...
8 Tips For Attracting Top Tenants
Every landlord seeks that dream tenant: the one who pays on time (or early!), keeps the property spotless, and is respectful to neighbors. Tenants like this do exist, but it’s up to you to attract them. And you do so by putting in a lot of legwork up front,...
Renovate For ROI: Rehabbing The Bathroom
Of all the remodeling projects you undertake, an upgrade to the bathroom can provide the highest return on investment -- if done properly. According to Remodeling Magazine’s 2019 Cost vs Value report, you’ll recoup 67.2 percent of your cost on a mid-range bathroom...
Real Estate Myths To Leave Behind
Real estate is a topic that at once seems familiar and foreign to many people. They might be familiar with the general process, having purchased their own home or knowing someone who rented out an apartment. But the thought of venturing into investing often seems...
How Being A Licensed Agent Makes You A Better Real Estate Investor
Real estate investing involves a lot of moving parts: you need to learn how to estimate rehab costs, find and manage good contractors, secure financing, understand your market to accurately determine your resale value … and more. It’s a lot of expertise in a host of...
What To Look For During A Contractor Walkthrough
Evaluating The Rehab Costs For A Potential Fix & Flip One of the best things you can do for your rehabbing career is learn how to accurately estimate repairs. You’ll maximize your profits, find more opportunity, and have peace of mind. As you gain experience,...
Real Estate Investing Report 2019: What To Watch For
Executive Summary The real estate markets are likely to be more challenging to negotiate in the coming year. Interest rates are higher and recent stock market volatility is possibly signaling slower future economic growth than in the recent past. That being said, the...
7 Ways To Hack Your Fix & Flip
Everyone knows the maxim that kitchens and bathrooms sell houses. They’re important, high traffic areas that often distinguish one house from another and cause buyers to "fall in love" or not. But what about other avenues to increase your ROI while still being prudent...
8 Ways Technology Makes Real Estate Investing Easier
Remember the days when the MLS was a hard copy book that came out once a week and real estate agents had to flip through the pages looking for listings? Anyone? Today’s real estate world barely resembles that one, and life moves a lot faster now. And although there’s...
How To Succeed With A Hoarder House Fix & Flip
If you’ve been a fix and flip investor for any length of time, you’ve no doubt seen every manner and condition of property. A typical foreclosure often has some “junk” left behind, as well as damage, from holes punched in walls to graffiti or even more serious issues...
Buying A Fix & Flip From Wholesalers: The Good, Bad & Ugly
If you’re a real estate investor, buying a fix and flip property from a wholesaler may seem like a great idea. There are clearly advantages to letting wholesalers do their due diligence and hand deliver to you discounted property deals. However, it may not be as black...