Can You Flip Houses Part-Time?
Thursday, May 24
Flipping houses part-time can be a great way to generate extra income on the side while you have a full-time job. Starting part-time can also allow you to 'dip your toe in the water' to see if flipping houses is for you before you quit your full-time job.In fact, I started flipping houses part-ti...
2 Formulas For Analyzing a Rehab Deal
Wednesday, February 24
There are 2 formulas every rehabber should know to analyze a rehab deal to determine the Maximum Purchase Price they should offer for a property: 70% Rule FormulaMaximum Purchase Price Analysis If I get a lead on a prospective property, one of the 1st things I do is calculate the rough maximum...
5 Big Box Alternatives for Buying Materials, Tools & Appliances
Thursday, January 14
We've all been to the big box stores like Lowes and Home Depot to buy new building materials, tools & appliances. Although this is often the easiest, most convenient solution, you may be able to save substantially by finding alternative resources for purchasing materials, tools & applian...
The Building Permit...Why, When & How?
Wednesday, January 13
There are many important reasons to obtain a building permit and get the required inspections for your rehab project:1. It's the LawPermits are required by local city ordinances and if you are found to be working without a permit it can result in hefty fines, demolition and removal of the improve...