In the previous article we talked about the differences between flipping homes and keeping them as rentals. The first strategy makes money right away. The other serves as a long-term savings vehicle. Which strategy is right for you depends on many factors. Among them are your financial goals, your current financial situation, and how much time you can afford to spend on the project.
Being a Real Estate Investor
Flipping Homes vs. Buy-And-Hold: Fundamentals
Flipping homes and holding them for a long term are two dramatically different approaches to making money in real estate. Some investors specialize in one particular area. Others like to employ both strategies: selling off some properties and keeping the others. I like to compare flippers and long-term investors to hares and turtles, without passing any sort of judgment on hares. Both animals are evolutionary winners that thrive because of their different survival skills.
The Magic of the MLS (Part 1)
A couple of days ago, I heard some people talking about a listing on the MLS. It seems one of them was looking to sell a nice single family home while the other was looking to buy a single family home. As I watched them do the negotiation dance, it occurred to me how much neither one of them understood the true opportunities that using the MLS brings. They really didn’t have a handle on dealing with DC real estate investments.
Time to Get Your Mind Right for Investing! (Part 2)
Today we continue our two part look at the first five things to remember when you think you have found a deal. (To read the first article, please click here.) There are quite a lot of things to look at, but I would argue that these five are paramount. Investing is not a get rich quick type of business. Sure, there are times when you can find a quick and profitable deal, but those are not the norm. Most of the time, you are looking at putting in some serious time and patience. If you are going to do this correctly make sure you have plenty of both. Good strategy and a solid plan help, but sometimes deals take on a life of their own, which is why we do our best to help you get the best fix and flip loans in the market.
A New Year Brings New Opportunities for Investment
Hopefully, 2016 was a great year for you as you planned for the future and continued to explore investment opportunities. Whether or not you made the decision to invest last year or not, it is a new year with new opportunities. So let’s we take a moment to talk about your plans for 2017. Even if you don’t have any current plans on investing, it doesn’t hurt to spend some time considering your options. As a local private mortgage lender, we want to help you with your DC real estate investment needs.
How About New Year’s Revolution?
Many of my friends could not wait to fill me in on their New Year’s Resolutions. As I listened, I kept thinking to myself, “Aren’t these the same resolutions as last year that did not get completed?” I don’t say that out loud, but I think it, and I will bet, so do you. What people really need when it comes to investment strategies like fix and flip loans is a New Year’s Revolution rather than a resolution.
New Funding Resources 
