In the US, house flipping activity is rising. And no wonder, considering the average gross flipping profit in Q2 of 2020 was $67,902. But how much does it cost to flip a house? Well, that’s a tricky question… When budgeting
You’ve gone through the hard work of purchasing an investment property, likely rehabbing it to bring your house up to speed with (or beyond) neighboring properties, and are now readying to list it for sale. As we detailed in our
As we mentioned in our When the Price is Right! blog post, the housing market has proven itself quite resilient amidst the COVID & economic crisis we’re facing today. As such, we believe there is ample opportunity to turn a
The residential real estate market in many cities has been rebounding quickly after Covid put the brakes on in April and May. We are seeing record numbers of sales, at or above list price, in many of the markets that
Accurately valuing real estate is a full-time job for professional appraisers, so it’s not something to be taken lightly. But that doesn’t mean you—as a potential buyer or seller—shouldn’t be well-versed in the mechanics behind deriving a reliable value for
Generally, it is a seller’s market (where sellers have the upper hand in pricing and negotiations) when real estate inventory is less than a 6 month’s supply of homes. But what factors are contributing to this imbalance? What are we
We can all agree that these past couple of months can be categorized by a few key terms: unprecedented, uncertain, and unstable. We have effectively been told to shelter at home and wait until better news arises. And while no
