How does something become better known? Typically, when something ends up on TV in some way, suddenly everybody sees it, hears about it, or, at least, becomes vaguely familiar with it. Such is the case for “flipping houses.” If you had asked someone thirty years ago what a house flipper was, they probably wouldn’t know. Today, though, thanks to various …
How to Formulate a House Flipping Business Plan
House flipping can be lucrative. Before you get into house flipping, though, it’s a good idea to come up with a plan regarding your goals and objectives. Perhaps you should write a business plan. By doing so, you’re going to force yourself to figure out what you want to do in concrete terms rather than vague ones. Designing a plan …
Real Estate Investments Could Pay Big Dividends Down the Road
Well, how much risk can you afford right now? One of the reasons people like to invest in real estate is because the right property in the right spot at the right time can yield huge profits. So, investing in a $50,000 piece of land that ends up selling for $500,000 “down the line” can be quite lucrative. Whether that …
Things You Should Look For When Flipping a House
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 …
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 …