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Flipping Houses & Rehabbing

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Flipping Houses & Rehabbing

The 3 Phases of Every Rehab Project

by Kevin Perk August 25, 2014
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Many real estate investors will at some point in their career be involved in a major rehab. Distressed properties that are in need of rehab are often where the deal is found and value can be added. Properties also often need an upgrade after many years of tenant wear and tear. All rehab projects, no […]

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Flipping Houses & Rehabbing

The Key to Eliminating Your Rehab Problems: a Scope of Work

by Kevin Perk June 16, 2014
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Rehabbing can be one of the most trying, but important parts of the real estate investing business. A good quality rehab will make your property shine in the retail or rental market. Getting to the quality rehab can, however, try your patience. Things can quickly start running behind schedule, and cost more than expected. Plus, […]

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Flipping Houses & Rehabbing

8 Reasons Why You Shouldn’t Believe The Hype About Flipping Houses

by Michael LaCava June 8, 2014
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I’m not old school rappin’ here…. Like Chuck D and Flavor Flav say in their 1988 anthem, some of the things you hear about house flipping may not be true. There’s just so much hype…so don’t believe it. Real estate investing and house flipping in particular, is a field of business where you can earn large amounts of cash. […]

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Flipping Houses & Rehabbing

The 5 Key Players Every House Flipper Needs On Their Team

by Michael LaCava May 11, 2014
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Many house flippers get into house flipping thinking that they can do it alone. It’s easy to fall into the trap of thinking that going “lone wolf“ will help you keep all the profits for yourself and let you make more money. It’s easy you think I can: Find the house on my own… Buy the […]

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Flipping Houses & Rehabbing

4 Tips To Help You Flip Houses Like A Pro

by Michael LaCava May 4, 2014
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I remember a few months ago after my beloved Red Sox won the World Series for an improbable third time in ten years (just once would have been PLENTY for me btw), I was faced with a house flipping dilemma. ‘The house I had bought in Hanover, Massachusetts – although it seemed like a great […]

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Flipping Houses & Rehabbing

New Report: Is House Flipping Almost Dead?

by Tracy Royce May 3, 2014
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RealtyTrac is reporting that the rates of returns on house flips has risen, although the slowdown in price appreciation is making investors more cautious. In their latest report, RealtyTrac is indiciating that 3.7% of all single family homes were sold as flips (as defined as any house that is re-sold with the intent of a […]

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Flipping Houses & Rehabbing

How to Syndicate House Flips: A Step by Step Guide

by Michael Blank April 28, 2014
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While I write mostly about apartment building investing and syndication, I want to write today about how to structure deals when you’re raising money for house flips. It’s a lot simpler to structure and easier to raise the money than for larger apartment building deals. As with all real estate investing, DO NOT sit on […]

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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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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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