Flipping houses is becoming a greater challenge as rising home prices and stiffer competition hamper profits. Home flippers can continue to succeed in this market if they practice their craft with discipline, and private real estate lenders have a great opportunity to tap this market as well – and when private lenders have opportunities, there’s plenty of opportunity for real estate investments.
Marketplace lending started as a very simple idea. It started as “peer-to-peer lending,” as it was called back then, because it allowed individuals, through the use of technology, to lend to each other under their own terms or terms mandated by the platform through which transactions were made.
The real estate market is always changing, and what appeals to a buyer as they pull up to look at a potential home changes over time. This means that successfully staging the exterior of a property “curb appeal” requires flexibility. In addition, the real estate market is local and is fragmented.
There are many ways to profit from investing in real estate, and long-term strategies such as leveraging cash flow from multi-family residences have their success stories. However, for the small investor willing to put sweat equity into their personal fortune, a fix and flip approach in real estate investing can be the shortest path to financial freedom.
Currently, 29 states and the District of Columbia (DC) have enacted laws that make the use of marijuana legal. Seven of those states, and DC, have legalized the recreational use of marijuana. Several more have legalized medical marijuana.
Every location has some element of inclement weather that the residents of that area must deal with on an ongoing basis. There may be very pleasant days at some times. When the dirge of the specific weather condition comes, everyone must contend with it.
Storm damaged residential real estate seems like the perfect fix and flip opportunity. The premise of repairing the storm damage and flipping the house may seem straightforward. As anyone experienced in renovations can testify there is nothing straightforward about this aspect of the real estate investment business.
Weather affects home sales. This is a very straightforward conclusion that can be drawn by anyone trying to sell a home during a blizzard, hurricane or other severe weather event. If potential buyers cannot get to the house, they cannot make a decision to buy it.
Curb appeal is a critical part of marketing real estate investment properties, and each season brings its own unique challenges and opportunities. The need to make a great first impression in the fall is just as great as any other time of year, but the distinct quality of fall presents some fantastic opportunities that are just not available in the winter, spring or summer.
For the Atlantic and Gulf Coasts, the thought of a hurricane is a fact of life. Recently, the fact is that violent storms have made life unbearable for millions of coastal residents. In spite of this recurring devastation, there are increasing numbers of Americans living in coastal areas prone to hurricanes.