Tag Archive for: fix and hold

Fix and flip shows present a skewed reality. There is a defined formula that’s followed throughout each episode. Every moment of the show presents the best experience of working on a fix and flip without including much of the hard work that happens behind the scenes.

Read the whole article here.

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Friday Fun – Best Tenants Ever

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Friday Fun – Best Tenants Ever

Friday Fun – Best Tenants Ever

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Don’t fail to start this week. What’s your goal?

Stop Right Now: What is Your Goal? | Impact Quotes
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Friday Fun – Do Math

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Friday Fun – Do Math

Friday Fun – Do Math

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Whether you’re just starting to flip houses or you’ve become an old pro, it never hurts to read about other people’s experiences and learn about tricks of the trade.

We’ve all seen those “reality” shows on TV, where they showcase a house flipper who makes a ton of mistakes, yet somehow still manages to turn a profit. It makes for nice TV, but it certainly isn’t part of any reality I’ve ever experienced.

Check out this post from Mindy Jensen on Bigger Pockets. She offers 11 expert tips on flipping homes, from beginning to end.

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Two Key Factors to the BRRRR Method

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There is always fine print on how programs like “BRRRR” work and what free equity really costs. Those details include understanding two key factors:

Rental Property Loans

  1. Finding properties under market.
  2. Using the PROPER lenders to capture the equity and conserve cash.

Interested in learning more on how to do these two crucial steps? Contact us or download our free BRRR resources.

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Dream big this week!

WATCH THIS EVERYDAY AND CHANGE YOUR LIFE - Denzel Washington Motivational Speech 2023

 

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Friday Fun – I Don’t Always Buy Homes

Friday Fun – I Don’t Always Buy Homes

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Are you newer to real estate investing? Are you a pro? Either way, it never hurts to learn from other people’s mistakes. In this video, Kris Haskins shares his 11 biggest mistakes during his first year as an investor. Check it out!

11 Biggest Mistakes my 1st year as a real estate investor-flipping-holding

Ready to chat about your investments? We’re here to help you choose the right financial path.

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5 Reasons Why BRRRR Is So Important

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If you invest in real estate, you’ve likely heard of the popular term, BRRRR (Buy, Rehab, Rent, Refinance, Repeat).

But why is the “BRRRR” method important? Here are 5 reasons to consider:

  1. Buy properties faster AND with less cash: Take the express lane to refinancing and build your portfolio as fast as you can find, rehab, and rent properties.
  2. Monthly cash flow now vs. later: Why take twice the time to build your portfolio the old fashion way (buying retail)? Buy and make money NOW! The faster you buy, the faster you reach your goals and boost your cash flow.
  3. Preserve your cash: If you find the right wholesale property, you might not need to put any money into the purchase (as long as you set up your short-term loan correctly).
  4. Build equity faster: Capture equity by buying wholesale and using the full appraised value to refinance into a long-term loan. All of that equity acts as your down payment, conserves cash, and builds tons of free equity.
  5. Protection from downturns in the market: Those who pay retail go upside down on their rentals when a market correction occurs. When you purchase properties at a discount, you enjoy built-in equity that comes free with the property. So, you have a cushion to keep your property above water.

It’s Rental Mania out there! Take advantage of it and start multiplying your equity and cash flow today. We can help with our Quick to Buy, Quick to Refi Program. Contact us to learn more!

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