Purchasing a home that needs some work done to it, fixing it up, and then flipping it for a profit might sound like a great idea. Nevertheless, there are many people who end up losing significant amounts of money every year by getting in over their heads while flipping homes. To avoid this, you should take the proper steps throughout …
How to Keep Contractors on the Job
Our own Mike Fallot recently had an article published on KREIA’s website! Kreia stands for the Kentuckiana Real Estate Investors Association. You can read his article below. Great job, Mike! “One of the lingering effects of the housing crisis from a decade ago is a shortage of skilled and dependable contractors. The surging housing market, fueled by low inventory, an …
Why Real Estate is a Smart Investment For Young Adults
Young adults are often advised to start investing and saving for retirement early. This is good advice because the earlier you do start investing the more time your investments have to grow and work for you. Most investment advice for young adults is aimed at traditional options like stocks and bonds; however, real estate is actually a great investment choice …
The Benefits of Flipping Houses
Flipping houses is an interesting business that has been brought into the public consciousness as a result of reality TV shows focused on this niche enterprise. There are certainly benefits of flipping houses, and a couple of risks to consider. These are some of the benefits and risks involved with flipping houses. Benefits The main benefit of flipping houses, and …
Why Real Estate is a Sound Investment
Real estate can be a good investment depending on the place and time. For example, if you bought a home in a budding market for say $100,000 back in 1995 when it was an okay place, today, in 2017, it might be worth significantly more if the area has improved to the point where more people want to live there …
With The Economy on the Mend, House Flipping is Back
Even by the most conservative projections, the outlook for the American economy is finally looking up. While the global economy might be another story, here at home we seem to have finally turned the corner on the worst recession in recent memory. The national unemployment rate has fallen from 10 percent in 2009, to just 5.7 percent at the beginning …
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