6 Bookkeeping “Hacks” for New Investment Property Owners Rental homes make great investment. Housing demand means there will always be local residents looking to rent and residential real estate tends to appreciate in value over time. However, its hardly passive income. Managing rental homes is a unique business model that you need to operate to ensure you’re making a profit.… Read more →
Author: Michael Leafer
Financing Your Flip
How to Finance Flip Renovations: Rental Equity and Beyond How to Finance Flip Renovations with Your Rental House Equity Renovations are an inherent part of fix-and-flip real estate investing. The only question is: How will you secure the funds for your flip renovation? You can use savings or traditional loans, or you can even use the equity from… Read more →
Flips to Avoid as a Beginner
6 Flips Beginner Flippers Should Avoid Fix-and-Flip real estate investing is an interesting way to dip your toe into real estate investing. One property at a time, you can grow your profits and your home renovation skills whether your flips or build a portfolio of rentals Many people get into house flipping as a fun way to make money through… Read more →
Does Your Flip Need New Windows?
Does Your Flip Need New Windows? Calculating Necessity and ROI Run the Numbers: Does Your Flip Need New Windows? . Every house-flipping project is unique. Flippers carefully calculate the right upgrades to achieve the most increase in property value. In some cases, this requires a few cans of paint, modern fixtures, and some light repairs. In others, replacing… Read more →
Insuring Your Flip
How to Insure a Flip During Renovations. Every property needs insurance, but flips are an unusual type of property to insure. When buying homes to fix and flip, your goal is to perform renovations until the property is move-in ready for a buyer or tenant. You still need insurance to protect the home from things like fire, vandalism,… Read more →
2024 Q4 Housing Market Trends
What to Expect From the Housing Market in 2024 Q4 Whether you’re flipping homes or expanding your real estate portfolio, the best time to expand your investment home portfolio is when the markets are properly aligned. As a buyer, you’re likely looking for good mortgage rates and temporary dips in home prices so you can buy low, then sell high.… Read more →
Keeping Your Rental Ready
10 Non-Essential Updates That Keep Your Rentals Ready Between tenants, every rental property owner knows that updates are essential. Most focus on essential updates and repairs. However, too much focus on things like appliances and floor quality can leave the home looking dated and underperforming on the market. What you might not realize is that “non-essential” updates are an affordable… Read more →
New Countertops: Does your flip need them?
How to Decide If a Flip Needs New Countertops When flipping a home, it is usually smart to leave the countertops in place. Good countertops are expensive, heavy, and require professional installation. But there are some situations where your flip needs new countertops to ensure the best resale value. How do you know the difference, and how… Read more →
“Live in Flip” Strategy – Yes or No?
Pros and Cons of the ‘Live-In Flip’ Strategy. Pros and Cons of the ‘Live-In Flip’ Strategy Flipping houses is a clever way to turn low-cost homes into profitable opportunities. Many homes have fallen out of favor due to dated and poorly maintained features, but they still have “good bones”. With a few renovation projects, each one could be… Read more →
Investment Property Renovations
Should You Remove Popcorn Ceilings from Your Investment Properties? Do Popcorn Ceilings Hurt Investment Properties? When you buy an investment home, every detail matters. A few renovations can go a long way toward making the home more profitable to rent or resell. You can often identify the most important changes, like replacing a damaged floor and flaking fixtures.… Read more →