One of the important steps in fix and flip real estate investing deals is the house rehab process. This quick-profit strategy usually involves buying property at a discount, making changes or upgrades on it, and selling it for more than invested. But as lucrative as it is, it involves much attention to detail and could…
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If you’ve come to this blog post expecting to read something related to cold weather, then you’re in the right place! Not because that’s what this blog post is about, but because you must not be familiar with the BRRRR method of house flipping. The acronym BRRRR stands for the five steps involved in this…
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Can you guess the number that should constantly be running through an investor’s mind when doing a deal? If you guessed the after-repair-value, then you are correct! The after-repair-value—or ARV—is an important metric to understand as it represents what your total investment will be worth at the conclusion of your deal taking into account the…
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House flipping has become increasingly lucrative in the real estate industry for quite some time now. After all, it’s a relatively simple and quick way to earn a hefty net profit with the right tools and a little elbow grease. However, if this is your first time flipping a home, there are a few questions…
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As an investor, you are probably familiar with the 70% rule. The rule says that investors should pay 70% of the ARV minus repairs for an investment property. The percentage can change from market to market, but one thing doesn’t change — the formula’s reliance on accurate after-repair-value and estimated repair costs. The formula only…
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This international investor cash flow deal will really get you excited about investing! We’re speaking with one of our successful Premium Elite members of MyHouseDeals, Santhosh Kundoor. Santhosh’s story is a testament to an international investor cash flow deal. He had several investment properties in his home country of India. Today, he will share his…
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Estimating rehab costs play a critical role in the house flipping game. Unfortunately, many of us have had to learn this lesson the hard way. However, there’s some good news; you can get it right the first time! That’s right, with a little bit of patience and research, there are several steps that you can…
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In our latest success story, we sit down with Luis, an experienced investor making his seventh fix and flip deal! Luis has been a part-time investor who has had quite the journey. Today, we’ll hear about his most recent fix and flip in Beaumont, Texas, a single-family home that he and his wife beautifully renovated….
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If there’s one thing any savvy real estate investor knows that makes or breaks a deal, it’s the price of a property. A question investors often ask is “how does this price compare to other properties in the area?” Real estate comps are the key that investors use to unlock a property’s potential. Finding out…
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Networking is a real estate investor’s key to success! Through real estate investor meetings, you learn about deals, financing options, and often you can even find your next deal. Check out these local real estate investor meetings for July in our top markets and start meeting other investors in your area. What meetings did we miss?…
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