Some Obama Update and Flipping a House
No comments yetI wanted to discuss some tips flipping a house today but my attention was again caught by a headline.
It seems we get “pinged” whenever we’re online. This and that are always competing for our attention. We go to Facebook when we’re supposed to be updating a blog. We go to Twitter when we’re supposed to be emailing some people. And in this case, supposed to be discussing flip homes tips but attracted by a headline on President Obama’s Home Affordable Modification Program, better known as HAMP.
Read More
Best Credit Card and Real Estate Investing for Cash
No comments yetSo American Express has done it again. A new survey said it was the best credit card issuer of the year for the fourth straight year now. Makes me wonder what’s the best real estate investing method of the year.
But that randomness aside, information services provider J.D. Power and Associates, which conducted the survey, said that AmEx actually managed to surpass the industry average. In 1,000-point scale, the credit card issuer scored 769 points. And I’m not bringing this up for nothing. Real estate investors, regardless of doing rehab homes or whatever, have something to learn from this news. Two things actually.
Read More
Relax, Rehab Homes, and Stressful Cities
No comments yetStress is creepy. You don’t know that it’s already in your head. And when you rehab homes, you should have a clear mind.
That is why it is important for rehabbers, or probably anyone who is working, to unwind sometimes. That’s especially true if you live in one of the country’s most stressful cities as listed by Forbes.
Read More
Harvard Dream and the Drive to Keep Flipping a House
No comments yetHere at Rehab Hard Money, if you’ve been reading our blog posts, you probably would have noticed already that entries about college and education occasionally make their way into our pages. That’s because we are especially passionate about this topic. After all, a lot of investors who are working their asses off are actually flipping a house because they want to send their kids to college. I call this the “Harvard Dream.”
There are people I’ve known who never went to college. They had it the hard way, so to speak. They don’t want their kids to go through the same thing. It is but a noble way of driving oneself to keep on wholesaling houses, rehabbing homes, or whatever.
Read More
White Cars and Neutral Colors for Flipping Homes
No comments yetOften see new white cars ‘round the neighborhood lately? Or have you been too busy flipping homes you don’t even have time to stare at the road and notice white cars?
Not that it has anything to do with recent home rehab projects. It’s just that I read about white cars in a news article. Apparently, white is the most preferred color for cars in North America. The annual DuPont Global Automotive Color Popularity Report said so. According to the survey, 17.8% of cars sold last year in North America were white. Black and silver cam close at 17% and 16.7%, respectively.
Read More
Flipping a House on Friday the 13th?
No comments yetDo you belong to the 21,000,000 Americans who say they are Friggatriskaidekaphobes? Do you also believe that the number 13 brings bad luck especially if it falls down on a Friday? What are the things you refrain from doing on a fateful day like this?
The wholesaling houses business has no room for friggatriskaidekaphobes. There is no such thing as unfortunate day to a real estate investor. Every day is a great opportunity to make tons of cash from great housing deals. Even a black cat in front of the door step can’t stop a persistent investor from going to the city to drive by a prospect property. As a matter of fact, today is a great day to farm houses, talk to homebuyers and sellers, process hard money loans for there is less traffic. Flipping a house on a Friday the 13th is such a good idea.
Read More
Expensive Home Rehabs That are Not Worth It
No comments yetThe danger in being too much involved in the home rehab process is that you fall in love with the house and everything that you put in it, including the “upgrades” that according to you are good. There is something wrong if most of the time, it’s always YOU, YOU, and YOU.
You picked bright orange colors for bedrooms because you like it. You want granite countertops for the kitchen. You built a new pool. These upgrades may look and sound great especially when you are advertising the property. Admit it though that there is a risk that you will get the lowest investment return from these unnecessary, costly home improvements.
Read More
Why Wait For Golden Years Before Flipping Properties?
No comments yetIs this a recent trend? More and more celebs are fathering kids in their golden years. First in the list is Clint Eastwood. He was 66 years old when her daughter Morgan came into this world. Paul McCartney was surprised for at the age of 61, he had Beatrice to take care of. Next on the list is the 65-year-old Rod Stewart who is now expecting his 7th child. The list goes on and includes Michael Douglas, Mick Jagger, Larry King, and Jack Nicholson. Why did it take such long years before they realized the ultimate joy of having awesome kids?
You don’t have to wait for that long before you start flipping properties. Why wait for your golden years before you discover true happiness of having financial freedom. Take your chance now to make huge profits while managing your own time. Now is the time to start investing in properties. Now that you are young. Now that you have the energy. Now that you can still enjoy the rewards and benefits of flipping properties with your family.
Read More
Selling Houses for Profit – Better Social Security Benefits?
No comments yetSo what’s in store for you after 40 years of being employed? It seems like you’re not the only one asking this. Blame it on recession, age, or your personal health issues, you are now doomed to forced retirement, way earlier than what you have planned. The truth is, it seems like you’re not the only one facing this turmoil.
According to an Associated Press report, 2009 is a record-breaking year for people who filed for Social Security. Last year marks the highest number of early retirees in history. The full retirement age is 66. Despite the reduction in benefits, more and more people opt to collect their retirement benefits even if they are not due yet. Truly, desperate times call for desperate measures.
Read More
Buy and Hold in the Northeast? Moody’s Says So…
No comments yetIf you live somewhere in the Northeast and you’re a real estate investor, today might just be the best time to purchase some properties to buy and hold. Well at least, that’s what Moody’s Economy.com and Wisconsin-based financial services industry information firm Fiserv predict
According to the two industry experts, the Northeast will lead a 7.2% increase in national home prices by 2014. They released the prediction following a survey of 384 metropolitan statistical areas.
Read More
