Articles For Aspiring & Active Real Estate Investors
The Michigan real estate market is a great place to invest your money for long-term wealth creation. While financial advisors may suggest traditional investment options like stocks, bonds, and gold, real estate investment - and specifically fix and flip investing - is a smarter choice.
According to ATTOM Data Solutions' Q3 2022 U.S. Home Flipping Report, house flippers across the country continue to profit from flipping houses despite the challenging economic environment. Michigan is no exception to this trend.
The population has steadily grown over the past ten years, adding over 10,000 people each year since 2010. However, there are simply not enough housing units to compensate for this population growth.
In Michigan, the average home value has appreciated by 3.5% over the past year, according to the Zillow Home Values Index. The average home for sale in Michigan is currently priced at $223,793, a 52% increase from the average of $142,000 in 2018. Yet, despite this...
The prospect of flipping real estate in any state is as exciting as it is full of potential, and the Massachusetts real estate market is no exception. Brimming with opportunity and plenty of demand, Massachusetts real estate has become a commodity.
As of the end of last year, the total market value of residential real estate in Massachusetts was about $1.58 trillion, according to a report from Zillow. Massachusetts has the country's seventh most valuable residential real estate market at that valuation. As a result, investors are lining up to learn how to flip houses in Massachusetts.
It is always a good idea to dive headfirst into house flipping with a sound plan and working knowledge of the Massachusetts real estate market. From navigating market trends to evaluating the best exit strategies for a subject property, prospective flippers must consider several factors before flipping homes.
In this article, we’ll teach you everything about how to flip...
The unique convergence of a diverse economy, rich culture, and a relatively low median home value suggests the Louisiana real estate market is an excellent place for aspiring real estate investors to start a career in the housing sector. In fact, there may be no better time to learn how to flip houses in Louisiana than today.
With 10.4% of the state’s mortgages “seriously underwater,” according to ATTOM Data Solutions’ latest U.S. Home Equity & Underwater Report, Louisiana has the highest share of mortgages with at least 25% more than the property’s actual market value. As a result, local investors who learn how to flip houses in Louisiana may be able to capitalize on plenty of investment opportunities in a state with pent-up demand.
Louisiana looks like a great place to invest in real estate for the first time. However, flipping houses in Louisiana will require hard work, a mind for due diligence, and a lot of research. That’s why we have...
Wyoming is home to some of the most beautiful landscapes in the United States. Tourists from across the country and world come every year to bask in the remarkable sceneries, visit the national parks, and enjoy skiing, hiking, and all sorts of outdoor activities. But, what if we told you that Wyoming is more than just a state for visitors and tourists to enjoy their time off? What if we told you that the state is actually filled with tremendous real estate opportunities for long-term wealth creation?
According to the 2022 census, Wyoming has a population of just over 580,000 people. Of those 580,000 people, 71% of them live in an owner-occupied house - a number that exceeds the national average of 65%. This spells tremendous opportunity for real estate investors.
As you’ll learn more about in this article, wholesale investing works exceptionally well when there’s a market for fix and flip investors looking to ultimately offload their properties to owner-occupied...
When it comes to real estate investing, flipping houses is a fantastic way to generate income. As the American population grows, the demand for housing will continue its upward trend.
Families, individuals, and young couples across every state have continued to move into houses in cities and suburban areas at a rapid pace.
Flipping houses is a fantastic way to tap into that trend and profit handsomely. In this article, we'll discuss how to flip houses in New Jersey.
There are a number of ways to generate wealth. A quick Google search will reveal that you could invest in the stock market, buy bonds, own a business, or even invest in alternative assets like art and collectibles.
The most effective wealth-building vehicle of all is buying an investment property. The real estate industry can be daunting. It is vast and covers numerous asset classes, strategies, geographies, and styles - where should you even begin?
Fix and flip investing is a fantastic place to start.
According to ATTOM Data Solutions’ third-quarter 2022 U.S. Home Flipping Report, 92,422 single-family houses and condominiums were flipped in the third quarter of last year. The average gross profit was $62,000, translating to a return on investment (ROI) of about 25%. Though the profits might be enticing, there are a handful of steps you should consider before diving into the space.
If you want to learn how to flip houses in Pennsylvania, you’ve come to the right...
According to Redfin, approximately 64,000 home-purchase agreements fell out of contract as recently as August of last year. The failed agreements accounted for 15.2% of all the homes that went under contract in the United States that month. As shocking as those numbers may appear, the state of today’s housing market may have inflated them even further if it wasn’t for the use of novation real estate practices.
Real estate novation has the potential to salvage unsavory or old contract agreements, but most people don’t even know what it is. Therefore, instead of ignoring this powerful tool, we developed a guide to help everyone understand it.
What follows from here was designed to teach anyone everything they need to know about novation real estate, including:
Flipping houses is a popular real estate investing strategy that allows anyone to earn substantial returns by renovating and reselling properties. While flipping homes certainly isn't easy, you don't need to be a real estate expert or accredited investor to get in on the action. All you need is the proper training and a team of professionals in your corner, and you can earn substantial returns.
With over 3.6 million housing units and a median property value of $330,600, there is ample opportunity to flip houses in Virginia. However, you must do your research and take things step-by-step to succeed. So to help you prepare, here is a comprehensive guide on how to flip houses in Virginia.
Flipping houses is a great way to make money in real estate, even if you’re relatively new to the industry. It doesn’t require a professional background in real estate or formal education, although you must be willing to do research and put in hard work to be successful.
With a population of over 4 million people and over 1.7 million units of housing, there is ample opportunity to flip houses in Oklahoma. However, making money in real estate takes hard work and dedication. Before you flip your first house, it's important to check out the local housing market data and understand how this business works.
To help you in your pursuit, here is everything you need to know about flipping houses in Oklahoma.
With a total area of 121,591 square miles, New Mexico is the fifth largest state in the nation by area but is ranked 36th in terms of population of approximately 2.1 million residents.
Although there are 100-plus New Mexico municipalities, the communities of Albuquerque, Las Cruces, Santa Fe, Rio Rancho, and Roswell appear to hold the most promise for investors as the state’s five most populous cities.
New Mexico’s population is growing—increasing about 3.6% since 2020. Its housing inventory is approximately 940,000 units with home values appreciating just slightly under 16% in the past year, about a point higher than the U.S. average. Just over 56% of residents own their homes.
With this ultimate guide, we’ll help you learn how to wholesale real estate in New Mexico, using our proven step-by-step process. Read on to learn more.
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