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Articles For Aspiring & Active Real Estate Investors

What Is The 70% Rule In House Flipping? | Real Estate Skills

House flipping, when done correctly, can be an extremely lucrative way of generating market-beating profits in a very short time frame.

Like most real estate investing decisions, the investor must act with precision and a scrupulous dedication to expense management.

Believe me, making a 15% or better return in a 6 month timeframe is nowhere near out of the question. All you need to do is abide by the holy grail of house flipping - the 70% Rule.

 

What Is The 70% Rule In House Flipping?

The 70% Rule is a rule of thumb that helps real estate investors find attractive real estate investments, appropriately budget their costs, and ensure they make a substantial profit along the way. It’s a great rule for a house flipper to...

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Fixer Upper: The (Ultimate) Guide | Real Estate Skills

Let’s be real, this year has been challenging in ways we could have never imagined. Struggling to stay motivated and positive has been something we have faced at one point during this pandemic. Our repetitive routines from working at home have filled our days but have made them seem longer. Well, to get out of a routine a bit, why not consider taking up a new show, and maybe even turn it into a new hobby? 

Fixer Upper, along with many other home improvement shows, is a way for you to try something new in the comfort of your own home. Watching the process of renovating a fixer-upper home can be something you may find yourself being entertained by, so much that you may be interested in doing it yourself! 

With the constantly changing state of the world today, many may be considering what they can do to gain more financial stability or even just take on a new project to get out of the house. Well, Fixer Upper may be your exposure to fixer upper homes and the...

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How To Flip A House For The First Time (THE ULTIMATE GUIDE)

Learning how to flip a house for the first time doesn’t have to be complicated!

If you’re looking for a simple step-by-step guide to follow on how to flip a house as a first timer, then you’ve come to the right place!

In this Ultimate Guide, I’m going to show you everything you need to know when it comes to learning how to flip a house for profit.

You’ll even learn how to flip a house without using your own money, with bad credit, and even with no credit. 

I completed my first house flip at the young age of 20 years old, and I’m no genius. If I can do this, then so can you!

Ready to get started? Let’s dive right in!

 

Enjoy The Ultimate Guide On How To Flip A House For The First Time!

(Click below to jump to any section of your choosing)

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Private Money Lenders 101: What They Are & How To Find Them?

Private money lenders play a crucial role in the modern real estate industry.  But, who are they?  How do you find private money lenders?  How do you get a private money lender to give you a loan for purchasing a real estate investment property?   These are some of the questions that this article answers!

What is a Private Money Lender?

A private money lender is an individual or entity that issues loans secured by a trust deed and note to fund a real estate deal or transaction.  Generally, private money lenders are relationship-based lenders.  These are non-institutional lenders that provide short-term loans for the purchase of investment properties.  An investor can also get a rehab loan from a private money lender.

A real estate investment deal is incomplete without money.  As a professional real estate investor, you should always be actively looking for ways to bring in private money lenders to fund real estate investments and tie up...

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What Is A Hard Money Loan? | Real Estate Skills

How do you get money for real estate deals if traditional mortgage lenders do not work for your situation?  Consider getting a hard money loan to financing your next house flip, or other type real estate deal!  Learn all about hard money lending right now in this article!

 

What Is A Hard Money Loan?

A hard money loan is an asset-based loan and one of the options to consider when traditional lenders won’t finance your real estate deals.

A major factor that may affect your traditional loan approval is your income and credit history.  Lenders prefer candidates with a reputable loan repayment history.  That’s because repayment history demonstrates the ability of the consumer to repay a loan.

However, it’s apparent that having an income and an impressive credit score is not necessary a guarantee for loan approval.  Traditional loans have an invasive process and their approval takes a lot of time.  On the other hand, hard money lenders...

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