When you want to increase your odds of maximum ROI, a kitchen remodel may be the way to go. Kitchens are among the top priorities when it comes to what consumers are looking for. In addition to the bathroom, the kitchen is where a great deal of time is likely to be spent and it’s […]
With fix and flip properties, time plays a crucial role. In most, if not all cases, the quicker you can flip the property, the greater the profit. How do you go about expediting the process? You may wish to start by creating a team for your fix and flip project. The members of this team […]
Is taking the do-it-yourself (DIY) approach a wiser money move versus hiring a professional? It’s a commonly debated issue among individuals looking to rehab properties. As to which approach works best for you, it’s a matter of taking a couple of factors into account. For starters, what are you looking to accomplish with the project […]
A common rule of thumb with flipping is ensuring the numbers are as accurate as possible. Right below that is ensuring the job is being managed properly. It’s this second rule where rehabbers sometimes run into trouble as they attempt to stick to the budget while collaborating with contractors. In a perfect scenario, the contractor […]
During the negotiation process, whether you’re dealing directly with the seller or their agent, inspections provide an area where you can potentially stand out. However, it’s imperative that you do not overlook the importance of inspections, at least not when it comes to areas like septic or mold, for example. Let’s take the septic system, […]
As an investor, one of the people you’ll be dealing with most often is arguably the seller. During the buying process, there are steps you’ll want to avoid to ease the process and become a more effective investor. Let’s start with concentrating too much on non-sellers, for example. You’ll want to focus your efforts on […]
In case you need yet another reason to consider a Florida hard money loan in 2020, listen up. FICO is making some considerable changes to the way it calculates a person’s credit score, and it may result in prospective borrowers facing even greater difficulty in getting approved for a loan. To better assess a borrower […]
As we continue our efforts to be your one-stop solution for Florida hard money lending needs, we’re continually expanding our presence online and today, we’d like to tell you more about our new sister site. The new Florida Hard Money Lending website is an extension of Monroe Funding Corporation, albeit on a smaller scale. As soon as […]
Knowing how to avoid mistakes commonly made by real estate investors is fundamental toward achieving investing success. However, even seasoned investors are prone to making some mistakes that while subtle, can still have significant effects. To illustrate, let’s say you’re putting twenty percent down on a property. This money is coming out of your pocket […]
To provide perhaps the most succinct, basic explanation of what bridge financing is, it is a short-term loan that can help someone transition from an existing property or home to another. There is a lot more to it like the high costs but you can read more about that in previous blogs. What we’ll be […]