Kansas City and Florida ~ Direct Fix and Flip Lender
3 Essential Tips for Success in Real Estate Investment
As a non-institutional investor, you may be frustrated and confused by the amount of information you are encountering about the fix and flip market in Kansas City or Tampa and how to determine what is true and what is not.
Three questions that come up quite often are:
- Where do I invest?
- How much should I invest?
- How do I fund this project?
The most important thing to remember in answering these questions is that the answers require knowledge and preparation through reliable resources.
You will want to:
- Perform a thorough market analysis
- Consult knowledgeable, experienced contractors, realtors, and capital providers
- Have a reliable source of funds
Comprehensive Asset Analysis:
It’s important to identify asset value. This is done through analysis of the neighborhood, market trends, current listings and recent home sales.
The sales comparison approach is commonly used in valuing single-family homes and land. The approach is an estimate of value derived by comparing a property with recently sold properties that have similar characteristics.
Knowledgeable Service Providers:
The real estate industry is brimming with agents and contractors. Be vigilant in choosing, and remember that before you commit, you need to compare quotes, ask for work samples and review what previous clients have had to say. Look for the following:
- Most reasonable quote
- Most reliable value assessment
- Recommendations
Reliable Source of Funds:
A reliable lender is a vital asset in expanding your business and increasing your buying power.
Security Realty & Capital helps professional real estate investors with funding to capitalize on a wide range of business building opportunities.
Furthermore, we understand that there is a customer with a compelling story behind every fix and flip opportunity. To that point, should you have questions about our renovation lending products, we’d welcome a conversation about any topic that makes commercial lending....uncomplicated.
Jeff Basler
Direct ~ 913 915 1985