Estimating rehab costs for house flips is essential for finding a good deal. Being able to estimate rehab costs also comes in handy when buying rentals or even when looking at properties you plan to live in yourself. When estimating rehab expenses for the first time plan on making mistakes and budget for them. Start … Read more
Determining the class of property in real estate is incredibly helpful when deciding the extent of the rehab of a house. Properties and locations can be split up into different classes of A, B, C, or D. A are high-end and D is more the rundown part of town. Each city has its own class … Read more
Septic and well problems are devastating issues to have after purchasing a property. Keep an eye out for common septic system and well problems before making a purchase. It is often best to get an inspector who specializes in septic and well to take a look. If you do hire an inspector make sure to … Read more
Siding is expensive to replace. Water damage from bad siding can be even more expensive. When you are inspecting a house for siding problems you should be able to spot warning signs that there is damage.
There are pros and cons to different types of siding. These are a few common types of siding and issues to watch for.
Replacing a roof is a costly expense. Because a roof is so expensive I have included a DIY roof inspection checklist. Also a few pros and cons for roofing materials, and inspection tips for those roofing materials.
When buying a new house or inspecting your home, being able to spot problems before a roof leak prevents costly problems.
When it’s obvious the roof needs replaced or repaired get several quotes before choosing a contractor. Prices vary by several thousand dollars. Make sure your contractor is licensed and insured.
Find houses to flip or rent is one of the most important tasks as a real estate investor. Finding the deal can be a little difficult starting out depending on the market. Before even looking for the property find out what market you want to invest in. Finding Your Market Take a close look at … Read more
Keeping track of the accounting for a house flip is a daunting task. Shoving receipts in a box to review later is a bad idea. Before you start flipping or at the beginning of the flip get organized and it will make life easier. When you’re just starting and everything is new and there is … Read more
Many people want to invest in real estate but never get brave enough to try or have no idea how to start investing in real estate. It doesn’t have to be complex right away. We started simple. It may take more work and a little sweat equity at first but getting started is the hard … Read more
Thanks for checking out our website! We love sharing our experiences in real estate. OUR STORY We started as DIYers wanting to improve our own house. But we soon realized we could make money by improving houses. I wish we would have viewed it as an investment opportunity earlier in our lives. It took us … Read more