Rental properties can provide steady income but as with anything else, there are hidden costs that may derail your profitability. For purposes of this blog, however, we’re concentrating mostly on the people aspect and what you should be aware of. For starters, make sure the people that you’re collaborating with are individuals that can be...Read More
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...Read More
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,...Read More
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...Read More
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...Read More
Monroe Funding Corp is a direct mortgage lender that provides Florida with a variety of products to meet the real estate investors’ needs. Customers benefit from flexible terms and conditions that are customized to satisfy requirements for any 2020 long or short-term requirements. A 2020 hard money loan can be a major tool in boosting...Read More
If you’re in a bind, a hard money loan will support you. Hard money loans, even if you have credit issues, are simple, affordable, and easy to apply for. If you wonder if your financial issues are going to prevent you from applying in Martin County for a hard money loan, continue reading. Hard money...Read More
A national lender may seem like the right decision to make if you’ve opted to go the hard money lending route, but there is a world of difference when you stay local. To a national lender, you’re likely an account number. With local lenders, you have a potentially invaluable resource. For starters, a local hard...Read More
When evaluating the long term prospects of a fix and flip project, the floor plan is just as important as any potential physical issues you may come across. A house needs a relaxed and logical flow while appealing to potential buyers. This includes things such as the size of the room and its location, as...Read More
Some big news emerged last week involving real estate listing. The National Association of Realtors (NAR) announced its decision to ban “whisper” or “pocket” listings from the multiple listing service (MLS). With this ban, MLS participating brokers must submit listings to the MLS in at least one business day once the property is being marketed...Read More
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