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How to Screen Buyers for your Flips
October 14, 2024 | 5 Minute Read Back in August, we listed one of our properties for sale. It had been a long-term rental for five years, but with the equity built up, we decided it was time to sell. Within a week, we received an acceptable offer. The buyer’s agent assured me the buyer […]
Three Strategies for Profiting on Unsold Properties
September 9, 2024 | 4 Minute Read When buying an investment property, it’s crucial to ensure you have at least two exit strategies in place. What if your flip doesn’t hit your profit target, or the property sits unsold on the market? Having a backup plan is essential to protecting your investment and avoiding financial […]
Increase Profits with these Short Term Rental Strategies
September 2, 2024 | 4 Minute Read In April 2022, we launched our first Airbnb property here in Birmingham. This move was born out of necessity, as our original offer price and profit projections weren’t being met. Since then, we’ve converted many of our long-term rentals into short-term rentals, expanding to as many as 18 […]
Boosting Profits with Contract for Deeds
August 26, 2024 | 2.5 Minute Read Here is a creative strategy for selling real estate deals, specifically the use of Contract for Deeds (CFDs) as opposed to traditional buying methods. This approach not only enables you to generate a lump sum of cash but also creates ongoing cash flow. A Contract for Deed is […]
Where’s the Real Estate Market Headed?
August 26, 2024 | 3 Minute Read With high interest rates creating obstacles in the real estate market, it’s important to monitor how these conditions are shifting. While the current climate has slowed market activity, a recent decline in mortgage rates could indicate a turning point. Recognizing these trends can provide insight into what the […]
Consider This Before Accepting Section 8 Tenants
August 5, 2024 | 2.5 Minute Read When I first began owning rental properties in 2013, most of the houses I purchased were in B and C class neighborhoods. At that time, buying these properties was incredibly affordable, with prices under $20,000. The average rent for a three-bedroom house was between $800 and $850 per […]
