Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.

Monthly Archives: May 2016

Thrifty Rehabbing

Thrifty RehabbingOne of the biggest trends in real estate today is rehabbing houses. Investors use solid real estate comps to purchase a property at a good price, rehab the home and sell it later on when the market starts showing potential. So how much will it cost you to rehab houses? Will it cost an arm and a leg to flip a house properly?  We all want to save money and make money at the same time.

Rehabbing homes can yield beneficial profits over a short period of time. More than that, it is also a smart way to make money.  If you are short on cash, there are ways to rehab a home without breaking the bank.  I encourage new investors to keep it simple when working with properties. More than that, basic renovations do not intimidate potential buyers. Just pay special attention to the things that a potential buyer may notice. For instance, the front door should make a good impression to possible buyers. A simple repainting and basic landscaping can do wonders. Feel free to prioritize these two activities when rehabbing.

Some items usually get overlooked but they play a significant role in improving a property’s interior without having to spend a huge amount of money.  Instead of installing new kitchen cabinets, a simple coat of paint will do.  If the woodwork is still okay, simply repaint the cabinets with a glossy paint. And fix the lighting.

These changes will help your property to have a price that will reflect a win for your business.  Making sure that your rehab project is done right will always benefit you in the end.

Working Smart

Working SmartAre you looking to make huge profits using real estate comps by buying distressed properties, rehabbing them and reselling at market value? There are many distressed properties out there that you can pick up for pennies on the dollar. One key to huge profits is managing on multiple projects at one time. I want to outline the key elements that ensure successful multiple rehabs.

Working smarter not harder is the name of the game.  We must become experts at locating quality contractors. If this is done right, the probability of the rest of your rehabbing project being a success increases ten-fold. Remember, the goal as successful real estate investors is to understand and manage the rehab process, thereby capitalizing on the whole deal.

Understanding the value of time, utilizing each decision on rehabbing to leverage your money, and investing in continual education is the key to your real estate rehabbing success.

My main tip is an investor must learn to manage money. By investing and leveraging your money in rehabs, you can watch it grow exponentially. The key is to invest one dollar in order to get two or three in return. Keep in mind, that you do not want to put in four dollars in order to get one dollar in return. Do not over-fix your property. Fix to your neighborhood standards, and know how much those upgrades or repairs will get you. Always look to effectively leverage your money on every decision you make in the rehab process.

Finally, you need to utilize and leverage quality information and knowledge in your real estate rehabbing career. By investing in continual education you will learn how to implement systems and routinely take action. You will learn how to leverage yourself. And that my friends, is a pattern for success.

The Kitchen Is The Key

The Kitchen Is The KeyThe kitchen is the heart to our properties; it’s where most of our time at a property is spent. It’s the room in the house where cooking aromas bring about golden memories…like waking up to the aroma of freshly baked bread. These are the emotions that you want a homeowner to feel when they tour your property.  The will land you an offer very quickly.

Investing in home decor is a smart way to increase property value. However, home improvements don’t all increase property value equally. For example, a kitchen renovation adds 5% to the value of your property, making it one of the most important rooms to remodel.  The planning of the kitchen should be well thought-out. After all, the kitchen is an area to be enjoyed for many years.

Take time to research current kitchen design trends. This will help increase property value and make your property easier to sell.  If the property has a large kitchen, it is easy to create a feeling of openness. Be mindful, you do not need to have a lot of physical space to design a kitchen that feels spacious! The main objectives for designing a small kitchen should be to make the room look as big and as open as possible while maximizing the space you actually have.

Keep in mind, with your renovation, to do it right is important. Quality is everything.  When potential buyers or investors tour your property the quality of your work is what will catch their eye.  Just remember to use real estate comps to account for all the changes and upgrades you have made.

Selling Your Property Fast

Selling Your Property FastThe Real Estate investment market is competitive.  Investors know that using real estate comps to make a wise bid on a property is the way to go.  I wanted to recommend a few things that will surely help in getting your property noticed.

My first suggestion would be to hire a good agent.  A good real estate agent, would help in selling your house fast. When choosing an agent, make sure to check their references, background, and experience. An agent should have knowledge about your neighborhood and its market history.

Price is always important, it could either make or break the sale of your property. Be sure to use real estate comps to get an idea of how much the houses in your area have sold for.

Renovating your project and/or repairing minor problems in the house help maintain and most often add value. It would indeed take time and effort, but would be worth it. Simple home improvement repairs could just be small things but buyers would be able to notice.

Once your property is ready to market, take the time to utilize your agent and get it out there for potential buyer and investors to see.  Taking advantage of all the avenues for exposure (the internet, the MLS system, and mailers) get your property out there. Best of luck to you in your rehabbing/renovating adventures.

Improving Your Property

Improving Your PropertyWhen working with and selling a real estate investment property, you have to ensure that you get it’s best value.  Looking at real estate comps for the area will give you an idea what to range to strive for.  One of the best ways to increase your property value is to make some basic improvements. However, you have to be sure that the improvements you make are those that improve the property value.  To give you an idea of which renovations will give you the best value for your money, take a look at the following:

1. Adding a bathroom will attract buyers. Just make sure that you do not have to sacrifice a room for it. Keep in mind that additional bathroom will utilize space. If you have a lot of room, an additional bathroom may be a great idea.

2. Note that bedrooms are essential features of the house. Most homeowners are seeking to have at least three rooms in one house. So make sure that you do not do anything to the house that will reduce the number of bedrooms to less than three.

3. The kitchen is another area you should consider renovating. This is among the most important areas in the house because this is where most of the family members usually hang out. An island is also a favorite feature in most kitchens so you might consider that in your remodeling design. You do not have to renovate the entire kitchen. You can work on the cabinets first. Repainting the doors or changing the handles makes a huge difference as well.

When you make renovations to a property, real estate comps for the area should come into play. A property’s value also depends on its surroundings. It will not be a great idea to try to increase the value of your property by more than 20% of the average value of the houses in your area. This is because the value of the neighboring properties will just bring it down.

In order to decide which area to renovate to increase your property value, think of the features that you will consider when looking for a house. What part of the house would be most important to you? What feature of the house will turn you off? These questions will help you recognize the areas of the house that will generate more returns for your investment.