Rehabbing a home is considered as one of the hottest trends in real estate today. Many individuals have reaped their rewards both financial and career fulfilment from the rehabbing business. Many individuals have given up their regular jobs so that they can go full time in the rehabbing industry. If you are one of those who still cannot decide whether the industry is worth a try, we have listed down 8 benefits you get from rehabbing houses.The...more
Now is a great time to buy Los Angeles real estate. The Los Angeles monthly inventory went from a 10.2 months supply back in November of 2008 to a current 4.4 month supply today. What does this mean to the typical Los Angeles home buyer? Get ready to make that offer. If the bottom hasn't completely been reached, it's just about there. Here are some indicators leading to this statement. From November of last year until now, inventory of Los...more
Determining whether to rent a flat or a house can be quite an investigative discussion. Many of your friends and family will try to steer you in a particular path that they believe to be the best fir for your living situation, but its always important to sort through the facts to find the benefits that youre looking for. As you break down the criteria in your list you should start with the amount of space you need. This can greatly narrow down your choices to pursuing which type of rent to pay, houses rent or flat rent. Location always plays a huge factor when deciding as well so make sure to find a community that suits most of your needs in terms of major amenities, public transportation, and entertainment necessities. Sometimes the more amenities available to nearby flat renters directly translate to higher flat rent. Flats are generally concentrated in high commercial dense areas which arent all that appealing to certain people so this is another factor to consider when deciding which renting path to follow.After youve found the right community you should again ask yourself some more specific questions when determining whether to go with flat rent or houses rent. Renting a...more
Residential foreclosures are residential houses often single family homes which has been repossessed because a previous homeowner has defaulted on a home loan or other obligation. These foreclosures are offered for sale by lenders and the government for less than their actual market value. This is because lenders want to recoup their money and...more
If you are buying foreclosure homes for sale, you will want to save time where possible. After all, you want ensure that you have plenty of time for all aspects of the foreclosure buying process and you want the process to go smoothly and quickly. Saving time is also important when you are buying foreclosure homes for sale because foreclosures tend...more
While you might think that during a recession is a bad time to buy luxury real estate, in fact, it can be a great time to buy a property that you wouldnt otherwise be able to afford. While in most areas across the country, real estate sales have been brisk for moderately priced properties, luxury real estate has been much slower to pick up again.This is likely due in part to the fact that luxury properties have much higher asking prices and also because some home owners have been very reluctant to drop the prices on luxury homes that they paid millions more for only a few short years ago.Many luxury home owners have reluctantly come to the realization over the past months that their home needs to be priced more in line with the value that their homes have dropped to instead of the prices that they may have paid for their homes in recent years when the market was inflated. Because many buyers are anticipating an increase in real estate prices in the spring, there are an increased number of buyers looking now to get a great deal on luxury real estate before the prices increase again.In many places it is a good time to buy luxury real estate because so many of these homes have gone up...more
In any business venture, nothing beats being prepared. When it comes to rehabbing houses, there are things you must consider before you jump into the bandwagon. So before you flip and fix homes, take a moment and read these reminders first.Never...more
Ever wondered why other rehabbers are making more money than you, even if you seem to have the better deal on a property. Rehabbing a house is not just simply renovating a property to make it habitable. If you want to maximize your income in every...more
Many individuals make good money turning ugly properties into beautiful homes. However, there are also a lot of investors who lose millions and billions because of buying houses which do not make a profit. This article is for everybody out there who...more
Rehabbing houses, they say, should be a discreet job. Not that you have anything ghastly to hide. It will only be better if you dont attract attention while you are doing all the repairs and improvements.When it comes to this business, it is...more
Flipping houses is a term widely used in the real estate business to describe the act of buying properties and then quickly selling them for profit. It is usually used interchangeably with wholesaling, which is another method of investing in real...more
Flipping houses is the best form of investing in real estate. While some would disagree to the statement, many investors believe that flipping houses is arguably the most rewarding form of real estate investing. Wholesaling properties is so popular...more