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Flipping Houses & Rehabbing

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Flipping Houses & Rehabbing

3 Tips To Sell Your Flips Faster Than You Can Say “Easter Bunny”

by Michael LaCava April 20, 2014
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One way of raising the value of property is by renovating it to make it more attractive to potential buyers. But don’t just renovate everything…focus on the important things. The first thing that buyers notice is how the property looks like on the outside because it gives a potential buyer an impression of what the […]

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Flipping Houses & Rehabbing

How to Decide WHO Should Renovate Your House Flip [Here Are 3 Good Options...]

by Michael LaCava March 30, 2014
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You’ve found that perfect house flip… You’re a week or so away from closing… You’re in the game…you’re excited, filled with anticipation, maybe a little fear… You’ve taken the plunge and you are now officially a real estate investor… It feels pretty good… But then you think: Aw man, who the heck is going to actually […]

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Flipping Houses & Rehabbing

Facepalm Moments: 21 EPIC FAILS From Construction Projects Around The World

by Seth Williams March 28, 2014
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If you’ve had any experience with flipping houses or new construction projects – you probably know that general contractors, carpenters, plumbers and other subcontractors in the industry aren’t all created equal. It’s important to work with the right people because without careful planning, clear communication and a thoroughly competent team of individuals working on all aspects […]

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Flipping Houses & Rehabbing

The Five Fundamental House Flipping Team Members

by Michael LaCava March 23, 2014
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Many people think house flipping is a solo act. It’s nowhere near true. It’s more like being the conductor of a symphony. At times it may be more like conducting the Boston Elementary School Orchestra than the Boston Symphony Orchestra…but it’s definitely not a solo act by any stretch. Like any good orchestra, you build […]

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Flipping Houses & Rehabbing

5 Simple Ways To Know If A House Is a Good One to Flip

by Michael LaCava March 16, 2014
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Flipping a house requires you to do a lot of things just right. And this includes identifying a house that has some hidden value as well as looking for certain core features. The “gurus” all claim that you make all your money the moment you sign the paperwork and officially buy the house. True…but having […]

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Flipping Houses & Rehabbing

How to Save Your House Flips When They Don’t Sell

by Michael LaCava March 2, 2014
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One of the biggest worries of new house flippers is what happens when they can’t sell their flips. It’s a legitimate fear…but one you don’t need to have if you just take a few precautionary steps with your lenders ahead of time. To do this though, it largely depends what KIND of loan you have […]

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Flipping Houses & Rehabbing

5 Smart Exit Strategies For When Things Go Wrong Flipping Houses

by Michael LaCava February 23, 2014
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Sometimes, when flipping houses, things don’t go as you planned. Murphy’s Law does dictate that whatever CAN go wrong WILL go wrong. Not that you want to think about the negatives but you should always live by this credo: Expect the best…but plan for the worst. This is when you need a solid exit strategy […]

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Flipping Houses & Rehabbing

How To NOT Make Less Than Minimum Wage on Your House Flips

by Michael LaCava February 16, 2014
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I had just pulled out my driveway to head to one of our new properties in Freetown, Massachusetts. Today was “tear down day” and  I was pumped! It had been a while since I did a tear down and I was really looking forward to seeing the excavator rip it all to shreds. I felt […]

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Financing Real Estate

How the 2 New Mortgage Rules Affect Your Fix N Flips

by Tracy Royce January 11, 2014
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New mortgage rules have been put into effect this last Friday to clean up, correct, and prevent the type of unscrupulous lending practices of past. The Consumer Financial Protection Bureau is the agency that has issued the new rules, and tried to have them focus on a back to basics approach. This includes two new […]

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Flipping Houses & Rehabbing

Thinking about Flipping? Think Again! Here’s Why Wholesaling May be a Better Alternative

by Ken Corsini January 10, 2014
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I would guess that real estate reality TV shows have done more harm to more investors over the last several years than any of us can comprehend. The thrill and excitement of watching a couple of regular guys buy and fix a property for $100,000 and (maybe) sell it for $125,000! “Wow – Can you […]

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Flipping Houses & Rehabbing

Flipping Houses: The Ultimate Step by Step Guide

by Brandon Turner January 7, 2014
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I have an extraordinary hatred for puzzles. Now, you are probably thinking “that’s a strange thing to have a hatred toward.” Well who asked you? I can explain… Where was I? Oh yeah – puzzles. Ugh. You know the kind – where you open the box and there are 1000 little pieces staring up at […]

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Flipping Houses & Rehabbing

How to Flip and Grow Rich in 2014

by Michael LaCava January 5, 2014
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The single most important factor in house flipping success is not what you probably think it would be. It’s not finding the right property…nor is it negotiating the sales price…nor is it controlling your renovation costs, nor is it avoiding the really bad deals… Although all of those are important, none are the most important. […]

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Flipping Houses & Rehabbing

7 Irresistible Ways to Find House Flips With Real Estate Agents

by Michael LaCava December 15, 2013
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About a year ago, I went to a REIA meeting and landed one of the best house flips I’ve ever done. At this particular REIA meeting, I was given the chance to get up in front of the group and ask the group what I was looking for at the time. This is one of […]

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Flipping Houses & Rehabbing

Flipping Houses With No Money – Case Study #4 (The Partnership)

by Michael LaCava December 8, 2013
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I have to admit, I am a little bit greedy when it comes the house flipping. I don’t normally like to partner on many deals at this stage of my career but every once in a while when our deal flow is not as robust as I think it should be, I reconsider this whole […]

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Flipping Houses & Rehabbing

Why I Pay More for Fix and Flips than the 70% Rule States I Should

by Mark Ferguson December 8, 2013
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Right now the markets are very tight for buyers in most parts of the country. Most areas have very few REOs and short sales compared to a few years ago.  Good deals to fix and flip are much harder to find for investors.  With the tight market I see people ask all the time on […]

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