If you’re considering investing in real estate this spring, you probably have one big question on your mind: As the U.S. begins to emerge from the global COVID-19 pandemic, how will the housing market respond? Of course, no one can predict the future with complete accuracy. However, we can look at expert opinions from around […]
Hard money loans are a short-term funding option for investors secured by real estate. For many years house flippers, landlords and other real estate investors have used hard money loans to finance their projects and better manage their cash flow. Investors typically work with hard money lenders rather than conventional lenders such as banks, mortgage […]
Each time you make a change to a rental property, you need to determine whether it is a repair or an improvement. While the terms may seem synonymous, they have a big difference when it comes to tax deductions for landlords and investors. Repairs are deducted in the year you made them, while improvements are depreciated […]
Real estate investments definitely add complexity to your tax returns, but any savvy investor knows that tax season also means the ability to cash in on breaks and benefits you can earn through investment properties. As a landlord, you know that the IRS requires you to report all rental income. You probably also know that […]
When it comes to adding both value and “livability” to a home, the experts agree it all comes down to two rooms: the bathroom(s), and the kitchen. Get it wrong, and you could be looking at a lot of sparsely-attended open houses. Get it right, however, and you could have a buyer signing on the dotted […]
As an investor, you know that the quality of the work performed by your contractors can drastically increase or reduce the value of your property, which is why it’s very important to find high-quality workers from the start. There are thousands of “nightmare” stories on every home improvement and rehab forums – enough to make […]
It’s happened to every real estate investor: that simple rehab project that you thought was a quick fix slowly transforms into an expensive ordeal. Sometimes you discover that a property has more damage than you originally expected. Other times, you might learn that materials are more expensive and more difficult to obtain than originally thought, […]
Flipping a house is an exciting and ambitious project that can produce amazing results, but it can also be a source of headaches if you are not fully prepared for the possibility that your project does not perfectly follow your plans. If you’re preparing to flip a house and are concerned about staying within your […]
When you’re ready to tackle a new rehab project, one of the major choices you will be faced with is how you would like to pay for the flip. Even if you have a plan to cover the purchase price of your property, you will also have to determine if you want to pay the […]
When looking for your next property to flip, you may want to focus less on what to buy and shift your attention to when to buy. Along with the old homebuying adage “location, location, location”, investors should make “time of year” a part of their purchasing mantra. You already know that when you’re flipping a […]
