A lot of people that consider flipping homes for profit will also consider renting homes or maybe renting a Multi Unit Building. In this HowTo we go over some of the basic business setup procedures and cover some of the aspects of Insurance. This How To is not professional legal or accounting advice it is just a discussion about what some investors do and what you might want to discuss with your lawyer …
Flipping Houses
How To – What Types of Tile are Best for Bathroom Remodels?
If you are considering remodeling your bathroom you have many different types of surfaces to select from and choose. As a matter of fact even though your bathroom may be one of the smallest rooms in your home it will be one of the most complex rooms to design for and remodel.
You will have many different materials that you can choose to use to provide a look and feel and function that you will be …
Smaller Homes See Faster Turn Around For Sellers
According to the National Association of Home Builders, the average size of a new single family house was 1,500 square feet in 1970. However the average home built in the past 5 years was sized at more than 2,400 square feet.
Roughly 35 percent of single-family houses built in 2010 in the U.S. had four or more bedrooms, an increase from the previous year after a four year decline. The share of homes built with …
2010 Third Quarter Home Sales Down 30% Foreclosures Account For 25%
In an extremely weak market home sales for the third quarter of 2010 plunged over 30% on average and much higher in the south and southwestern states.
In all, 188,748 U.S. homes in some stage of foreclosure were sold in the July-September period, accounting for a quarter of all U.S. residential property sales.
This is after the Obama Administration reached out to many large banks and required a stop of new foreclosures. After that …
How To – Obtaining A Home Rehabilitation Purchase Loan
Many buyers look for fixer uppers to save money but instead of a home that may need new appliances, fixtures or a paint job a Rehabilitation Purchase Loan is for home that need a major amount of work before they are habitable.
Finding a lender to loan you money on a rehab project can be difficult. Lenders at the time of writing this are faced with a large number of homes on their books that …
Is it still possible to flip house? YES!
A lot of people are very depressed about the home market right now but for people interested in flipping or just investing in real estate this is still a decent time to make money. Actually any time is always a good time to make money in real estate or any other business you just have to understand the basics of investment.
Any business person will tell you the main way to make money is to guarantee yourself a profit.
Real Estate investing …
How To – Know The Differences & Danger – Foreclosure, Bank Owned, Short Sale
If you happen to be in the market for a new home or if you are thinking about investing in a property for potential income you should take your time and educate yourself about the different listing types you are likely to come into contact with when considering distressed sales.
Although you have the potential to make a considerable amount of money lenders are less likely to provide you an investment loan when a property …
Think You Are Having Trouble? Suburban Chicago Home Won’t Sell For $1
The village of Barrington, Illinois put three homes up for sale for just $1 each, but wasn’t able to get a buyer.
“Even if you’re offering a house for a dollar, sometimes all those logistics can make it difficult, especially in this market,” says Lisa DiChiera of the Landmarks Preservation Council of Illinois.
Yes its hard to go into a local bank and fill out all the paper work for a 30 year loan on a …
How To – Getting Rid Of Pet Urine Odors
One of the worst things you can deal with is pet odors and stains.
How often have you woke up to that unpleasant chore of cleaning up after your pet and still for some reason we keep on letting them stay in our homes… heh
Its a problem that all pet owners have to deal with urine odors.
Pet handlers will tell you that your animals urinate in your home for three reasons: They can’t get out …
Buying Guide – Air Purifiers Options And Types
In this Guide we will look at how different models of Air Purifiers work and what you should look for when making your purchase.
Before you invest in an expensive Air Purification system whether it is a whole home or single room device it should be noted that when possible the most effective way of getting clean air into your living space is by opening a window or by use of an air exchanger on …