What distinguishes the hobbyist from the professional, or the wannabe real estate investor from the elite real estate investor? It can be difficult to quantify. To begin with, what is “elite”? Certainly, elite implies a top tier in a given…
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If the first rule of success in flipping is to run your numbers accurately, the second — a close second — is to manage the job properly. And this is where a lot of rehabbers encounter challenges, as they coordinate…
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One of the most hotly-debated topics among rehabbers is whether to tackle repairs on your own — the DIY route — versus hiring the work out. Or a hybrid approach that combines the two. The reason for “controversy” is because…
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When you walk around a potential fix and flip project, it’s just as important to take note of the floorplan as it is to notice any physical deficiencies. A house needs to have a comfortable and intuitive flow and the…
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Whether you’re negotiating directly with a seller or via their agent, inspections are one area with wiggle room and one in which you can distinguish yourself from other buyers. It can be tempting to skip inspections altogether, not only for…
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