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How to Build an All-Star Fix and Flip Rehab Team

How to Build an All-Star Fix and Flip Rehab Team

I buy everything online. And I mean everything. Paper towels. Light bulbs. Taco sauce. Running shoes. Dish soap. Beach chairs. Dress socks. But, it wasn’t always like that. I used to be afraid of online shopping. In the beginning, my fear was tied to my bank account....
Are You Controlling Your Rehab Budget Or is it Controlling You?

Are You Controlling Your Rehab Budget Or is it Controlling You?

The sound of the kitchen drawer closing was all it took. Then, fear. My brother and I would race to our room and hide under our beds. And my Mom, she would follow close behind with the dreaded yellow plastic spoon. Used primarily to stir up the chocolate cookie chip...
Are You Flipping Houses For You or For Profit?

Are You Flipping Houses For You or For Profit?

I see it all the time. A turquoise painted kitchen… A balcony and staircase (in a spare bedroom)… Mushroom cabinet hardware (not mushroom-colored, but hardware with actual pictures of mushrooms on them)… A garage access door cut into the wall of the master bedroom...
The 70% Rule and Why You Should Break it 100% of the Time

The 70% Rule and Why You Should Break it 100% of the Time

If you’ve spent much time studying the business of real estate investing, specifically fixing and flipping houses, then you’ve probably heard of the 70% rule. It goes like this… If the after repair value (ARV) of a distressed home is $100,000, then you should never...
Why You Must Have This Before You Start Fixing and Flipping Houses

Why You Must Have This Before You Start Fixing and Flipping Houses

They all looked so… Desperate. Tired too. As the speaker, slickly dressed in a dark blue suit and matching tie, addressed the half-full room I could feel the sales pitch rapidly approaching. I recall looking around at the attendees. Could any of them really afford the...