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
Several homeowners want to know if adding a closet will add value to their home and, if so, how much. Unfortunately, there’s no easy answer because the value-added depends on several factors, such as the size and location of the closet, the overall condition of your home, and the real estate market in your area. Do Closets Add Home Value? Adding a walk in closet is usually a good investment. Master bedrooms with closets are always in high demand, so "add closet to master bedroom" might be at the top of your list of possibilities. Adding one will likely make... View Article
We often overlook bathrooms as they aren’t as Instagram-able or glamorous as the rest of our living spaces. But don’t forget that these rooms are used daily, even three times a day, and by everyone. That makes their design as important as, say, the living room. So, if this is the year you choose to pay attention to upgrading your bathroom, we’ve got you covered! These latest bathroom remodel trends will take your bathroom from basic to lavish. Organic Material While stone comes to mind first, natural stones of different colors and textures and plants are being incorporated in bathrooms to establish... View Article
The most valuable asset that most people will ever own is their home. At the same time, your home is a place where you will spend a lot of your time relaxing and entertaining. Due to this, finding ways to improve the value of your home or make it more functional is a good idea. One project you should consider is completing a garage conversion into a living space. What Is a Garage Conversion? If you have an attached garage to your home, it could be a place where you park your car, store various items, or use it as... View Article
A patio is an outdoor space typically used for recreation or dining. It has become trendy nowadays, and many people construct them on their homes. Their popularity is largely owed to their numerous pros. You may be asking yourself, “What are the benefits of adding a patio to my home?” Here are some of the benefits. 1. Add Property Value Building a patio is an incredible way to increase the value of your property. It has a return on investment (ROI) of between 30% to 60%. A patio also increases property value by extending the size of your living space and... View Article
