Part of searching for the right rehab property involves analyzing options to determine which one possesses the best value. Consider these steps to help you make a wise decision! Step 1: Determine Your Geographical Parameters When a property is functionally obsolete it is important to figure out if it can be salvaged. Set a circumference
The end of the hot spring market is approaching. If you have not put your investment on the market yet don’t panic, here are some Summer investing tips to keep in mind that will give your property the value and appeal it needs to sell as the market slows down. Always keep in mind that
Once you begin your investment project and you have your water-tight plan in place, that’s it, right? Nothing is going to change. Well, we certainly hope that’s the case, but every now and then issues can pop up. This can be nerve-wracking, but if you know what to expect and how to handle it, it
RealtyTrac recently released an on the 5 habits of highly profitable home flippers. While there are several different factors to consider when flipping a property, these 5 habits are an excellent place to start. We have taken these national standards and compared them to those in our local Washington, D.C. metro area market. Be aware that
There are several factors to consider before deciding to invest in a property, but digging into the area’s demographic data is one of the most important. What does the neighborhood look like? What is the average size of a house? What are potential buyers in that area looking for? You don’t want to build a
In Part 2 of our Risky Business series, see more common mistakes that borrowers can make when utilizing hard money lending, and get tips on how to avoid them. Value the Property: Be reasonable with the value of the property. Pushing the market by listing the property for a higher price increases the risk of
Many people talk about the risks involved with hard money lending, and you may be asking yourself, “Is it worth the risk?” The truth is, as long as you know how to avoid the common mistakes, you can reap the huge rewards that come with investing in a property. Below are a few factors that,
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