One major aspect of home investing is remodeling know-how. You don’t need to be a construction contractor in order to flip a house, but you definitely need to have good contacts with contractors you can trust when it is time to remodel a property. This quick guide will provide you with a bit of information on why home remodeling for investors is important. Know the Value of an Upgrade One crucial skill you will need as a real estate investor is to recognize the value of an upgrade. Some upgrades will add immediate value to a property that you will... View Article
The largest asset that most people will ever own is their home. At the same time, this is a place where you will spend a lot of your time relaxing and entertaining. Because of this, you will want to make your home a comfortable and enjoyable place to live while also improving its value. One way to do this is by making improvements on occasion. When it comes to home improvements, the terms remodel and renovate are often used interchangeably. However, there are some distinctions between them. What Is a Home Renovation? The term home renovation typically means improving the... View Article
There is a lot of confusion about when a home remodel is considered new construction. Many people think that if they are just making some cosmetic changes to their home, it’s not considered new construction. However, this is not always the case. This blog post will discuss when a home remodel is considered new construction and what factors can determine this. We’ll also talk about the benefits of hiring a contractor for your new construction project. When Is a Remodel Considered New Construction? If you are thinking about making any changes to your home, it’s important to know when a... View Article
Inarguably, your taste and preferences in a house change over time. That means you might need a house remodel to accommodate your new preferences or improve your home’s functionality. Or it could be an effort to improve your property value. Whatever reason it is, a remodeling project is no easy fete. Here are some handy tips on the best way to remodel a house. Start By Creating a Plan The first step in a successful house remodeling project is creating a plan that clearly states your project’s purpose. Do you want to expand it for your growing family? Or do... View Article
If done correctly, flipping a house can make you a quick profit. Besides the generous rewards, flipping a house gives you the satisfaction of bringing out the property’s full potential. However, there are some risks involved, such as stress and the risk of loss. We have compiled a list of house flipping mistakes you should avoid to prevent loss. Spending too Much One of the most common mistakes people make is spending too much buying a house in the first place. It would be best if you took time scouting for a house that leaves you a significant profit margin,... View Article
The point of flipping houses is to make a profit, ultimately. There is a lot of knowledge and skill involved in finding homes for a low enough price that allows for making the big bucks when it comes time to sell them after putting additional dollars into rehab. Seasoned flippers understand important home flipping tips. The main rule of thumb is referred to as the house flipping 70% rule. Here’s how it works. The house flipping 70% rule is more of a guideline and tends to work out well, especially when you plan on flipping the home fairly quickly. Simply put,... View Article
Owning and investing in your own home can be a great option for a lot of people as you can make it the way you want. One way this can be done is with a whole house renovation, which can make your home a more enjoyable place to live and improve property value. If you are going to remodel your whole home, it can be difficult to know where to start. A great way to start is by creating a home remodel checklist to include some of the most important items. Complete Necessary Repairs When most people think of a... View Article
Real estate is a big industry with lots of activity and money to be made. Flipping homes has become a common way to improve existing properties and sell them to make a profit. House flipper contractors not only flip homes, but they are also licensed contractors. While being (or hiring) a licensed contractor is not required to flip a home, it does offer many advantages. Two Advantages of Using a Contractor for House Flipping Less Complexity: A disadvantage of flipping a property when you are not a contractor is you will likely still need a contractor to do various repairs and... View Article
