SkyFive Properties Blog

A home is a place where you should feel most comfortable. It’s that place where you hide yourself away when you don’t want to face the world. It’s your private sanctuary that you indulge in whenever you want to, without having to apologise or do anything that you don’t want to do. And that is why it is so important that you are happy with your surroundings. If you’re not, you have one of two options – you either deal with it, or you move.

Moving is never an easy decision to make, especially if you’ve been in the same house for a long time. You have made so many memories there and the idea of walking away from that isn’t simple, but if you feel as though it’s what you need, then so be it. Remember that you can make new memories, and just because you’re leaving a property doesn’t mean that those memories fade – you can take them with you. Think of it as an exciting moment, you get to start a brand new chapter of your life and do it however way you want to. As long as you have the finances that you need, you can go anywhere and have anything.

If you still find yourself unable to make a final decision, here are some more reasons as to why you should pack up and move.

You will get rid of useless junk

Living under the same roof for a long time will cause you to accumulate quite a lot of stuff, and while at the time it will feel useful, it will most likely end up being hidden away in a storage room, be it the loft, basement, or spare bedroom. When this happens it’ll sit there, gather dust, and be forgotten about because you won’t have any reason to revisit the box of junk as you no longer need it. This all continues until you find your home full to the brim of things that serve you no purpose. So one of the great things about packing up and moving is the fact that you are forced to face the clutter head on and sort it out, clearing things that you don’t need anymore so you have a clean space to move into. Sort through all of your possessions and ask yourself if they need to come with you, or if they’re worth selling, donating, or simply putting them in the trash. It may be difficult, but it will be oh so worth it in the end and you’ll feel a whole lot lighter. Remember that a messy home will only result in a messy mind, so it not only betters your new surroundings, but your headspace too.

You will experience a new environment

When looking at homes for sale, it means that change is just around the corner, and that can come in plenty of different shapes and sizes. Now of course, one of the biggest differences will be the location that you’re in, regardless of how far you plan on moving from your original home, be it in a different town, city, state, or even country. Wherever you plan on going, it will be a feeling that you wouldn’t have felt before in that moment, and that’s what makes it so exciting. Think about all of the new little discoveries that you will be able to make every day that only enhances what fun it is to start afresh somewhere completely new. It’s an adventure that will be packed full of thrills, lessons, experiences, and laughs, so enjoy the process and allow yourself to take it all in. You may have forgotten these emotions after having spent so long in one same place. Discovery is awesome, it gives you so much to look forward to.

You will meet new people

Exploring a new area is great, but one thing that sometimes holds you is back is the idea of having to do it alone, it can be pretty nerve-racking, but remember that with moving to a new place means having plenty of opportunities to meet new crowds. You will find yourself turning into a social butterfly, fluttering around like minded people in order to make friends, whether deliberate or not. You may find yourself approaching somewhere to ask where the nearest pharmacy is, and that then naturally turns to you explaining you’re new to the area, and then of course conversation flows from that and leads to grabbing a coffee and a bite to eat. Before you know it you will have been introduced to the locals in the pub and you’ll find yourself with a group of cool friends that show you around and take you on the best nights out you’ve ever had. Making new friends makes you feel young all over again. You forget how good it feels to laugh until your snort and gossip about life and everything that comes with it. So don’t be afraid to knock on your neighbour’s door and introduce yourself – that’s if they haven’t already done it first!

You will have a new beginning

Regardless of what reason you’re moving for, whether that be because your current home is too small or too big, or the area just isn’t a nice one to be around due to your nightmare neighbours, the anticipated that you will feel of having such a drastic change will truly make you feel alive. The not knowing – as scary as it may feel – is part of the adrenaline rush that will make you feel as though you’re soaring through the sky, ready to tackle anything that passes you by. You have a chance – a do-over, and those are the things that most people constantly chase through life. You are able to move away from those bad mistakes, or memories, and leave them behind in the past where they should be, and instead have a fresh slate to build on. It is never too late to make things work, and moving is the perfect example of that. Sure, you will still face obstacles, but you’re a new, transformed, better version of yourself now.

Investing in property is generally a pretty safe bet and a good way of giving yourself an extra income, but it is far from being without its pitfalls. If you want to invest, get a good return on your investment, and not end up regretting your decision to buy property, here are the biggest mistakes you MUST avoid…

Not Knowing What Your Investment Objectives Are

If you don’t know what you hope to achieve by investing in real estate, then how can you expect to meet your own expectation? Before you  buy a property, you should know why you want to invest, how long you plan to invest and whether you’re investing for an extra income now, in the future or both. Only by nailing down this stuff can you hope to make the right decisions now and get the right outcomes in the future.

Letting Your Emotions Run the Show

Buying property for investment is not the same as buying the dream home that you want to live in forever and allowing your emotions to run the show would be a mistake. You don’t need to buy an investment property that meets your personal standards and which is decorated to your taste – you need to choose property that will appeal to the local rental market and which you can turn a profit on. So, no it doesn’t have to measure up to your perfect standard and perhaps it shouldn’t.

Not Considering All Your Options

If you don’t consider whether having a company like  MEP Design design and build you a new property might make you more money in the long term than buying an  existing house or whether buying in that up and coming neighborhood on the outskirts of town will make for a better profit than buying in the  town itself, for example, then you aren’t getting the full picture and you could be short changing yourself, When investing in property, you need to look at every decision from every angle if you want to set yourself up for success.

Hesitating too Much

That being said, taking too long agonizing over every decision would also be a mistake because you might end up missing out on lots of really good deals and ending up paying more for less. So, think it over but don’t keep putting it off or you might never get started, and if you do, you might be looking at a worse market than you were even just a few months earlier.

Not Checking the Place Out

You wouldn’t believe how many real estate investors rock up at property auction houses like the Piatelli Company having done no more research than checking that the price is right. The price might be right, but that doesn’t mean the property will be and it’s not uncommon for these kinds of investors to end up with a property that, upon close inspection is damp, mold infested, crawling with termites and generally not worth the investment. Don’t be like them and do your due diligence!

No investment is guaranteed to work well, but if you avoid these pitfalls, your chances of having things go smoothly are sure to be much increased.

Many people every month make Miami their new home, for part or all of the year. It was recently ranked the 27th most exciting city in the world and the 2nd artsiest in the US! Add beaches and gorgeous weather, plus everything else the city offers, and people easily fall in love with Miami.

They can house hunt all year round, but that doesn’t mean there isn’t a best time of year for you to sell. (Or that you don’t need to get ahead of the competition if you’re selling.) There are things you should know about the Miami market, and there are good tips to follow to make your house stand out.

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Perfect Timing

Not to keep you in suspense any longer, the best time to sell your house in Miami turns out to be…late summer. August closings show the highest prices, meaning you should list in May for the most profit. If you want the quickest sale, homes that sold in September spent the shortest time on the market, meaning you’d want to list in June or July. Make sure your agent has your priorities in mind. Now that you know the best time to sell in Miami, you also want to know who is buying where.

Perfect Marketing and Showing

The area contains mini real estate markets that appeal to different buyers. An interesting Miami fact is that 80% of its homebuyers live in other countries; it’s one of the top three US cities with this trend. That brings the international flair, as those buyers flock to the beach-front homes, their adjacent neighborhoods, and the islands. Houses are bought and sold more frequently in these communities, every few years. A vibrant market!

Other neighborhoods, such as Coral Gables, have more domestic buyers and more single- family homes that don’t see a For Sale sign for ten years or more. A steadier market in a more rooted community.

Wherever you live, experts know most buyers want the same things in a Miami home: high-quality, high-end features, just waiting for them to move in. The savvy seller will show a turn-key luxury dwelling that emphasizes these features and a wonderful lifestyle.

Tips for Presenting the Perfect House

Miami boasts natural beauty, fine buildings, and delicious colors, and its outdoor lifestyle is key. The city engages the senses, so it’s important for your house to show that Miami aesthetic and lifestyle that will make buyers love it at first sight.

To sell your house fast in Miami, start from the outside with curb appeal, to make an irresistible first impression. Curb appeal is not complicated or expensive, and it brings excellent return on investment. Healthy native plants in a well-groomed landscape, good exterior lighting, and fresh paint where needed, especially on and around the door, will make all the difference.

Inside your house, appeal to the senses, and invite buyers to imagine living there. First, remove the clutter and your personality (nice as you are), and clean until everything shines.

Highlight lifestyle through the staging. A framed art photo or coffee table book can point out local attractions, while a hammock or beach bag makes an expressive prop. Some sellers create a lifestyle video to show on loop; scenes of relaxing in front of the home’s view or enjoying the beach will focus the viewers’ thoughts on these pleasures.

Include details that appeal to all senses, with gentle scents, soft music that matches the home’s environment, and lush, luscious textures in the fabrics around the house. All sellers must stage well, but you need to stage Miami style for buyers to know your house is “The One.”

Get the Perfect Partner

A top local realtor, experienced in your particular market, will have the advice you need for doing the best house preparations and for finding the buyers who want to be in your area. Your agent is your expert partner on every aspect of a successful sale.

If you have decided to invest in property, you will have many different factors to consider. This includes everything from your budget to your desired location. Another decision that needs to be considered is whether to go for a turnkey property or not. What is a turnkey property? This is a property that has been fully renovated and is ready to rent out immediately. There is no work that needs to be done. In some cases, property management services will also be offered to the buyer, meaning you do not have to put as much effort or time in. With that in mind, read on to discover the pros and cons of investing in a turnkey property…

Pros of investing in turnkey properties

–        Make out-of-state real estate much easier – One of the main benefits associated with working with the best turnkey real estate companies is that you can remove the boundaries. It is much easier for you to invest in properties in a different state because everything is taken care of for you.

–        You do not need any previous experience – This is a good option for those that are new to the world of property investment.

–        Muss less hassle – Another pro is that you do not need to deal with all of the hassle that typically comes with being a landlord. This is especially the case if you have someone else providing property management. You can have a completely hands-off approach.

–        Immediate rental income – You do not need to wait to start earning an income. As soon as you sign on the dotted line and the property is handed over, you can start making money. You also won’t need to spend further money on property fixes, making it easier to budget.

Cons of investing in turnkey properties

–        Fewer options: One of the disadvantages of going down this route is that you will have a fewer selection of properties to choose from.

–        Less flexibility: Because these properties are ready to rent out straight away, this means you will have no say on elements like floor tiles, the colour of the walls, and the finishings. For most people, though, this does not matter, as the property is going to be rented out anyway.

–        Higher cost: Turnkey properties tend to cost more because they are ready to go, and because they come with professional property management services. You should work out your finances beforehand to discover whether this is the better option for you or not.

As you can see, there are numerous pros and cons associated with investing in turnkey properties. There is no right or wrong approach; it is all about figuring out what is right for you – your situation, your budget, and your goals. For more infortmation about these types of investments you can take a look at https://www.everasia.com/real-estate/what-is-a-turnkey-investment/.

Are you ready to get out of your home as fast as possible? Don’t have the time to waste on complicated contracts, researching the real estate market, and giving tours of your home? Do you need cash now, and want to sell your home quickly while still getting a good profit?

If so, then it sounds like you’re already in the market for a cash buyer for your home. But before you sign on that dotted line, read this post.

In it, we’ll tell you some of the most common mistakes that people make when it comes to selling their home for cash — so that you can protect your investment and get the best price.

1. Sinking Too Much Money Into Home Improvements

One of the biggest mistakes that we see people make when they’re looking for a cash buyer for their home? Spending way too much of their hard-earned money on home renovations and improvements that aren’t really going to impact the overall value of the house.

Remember, the majority of cash home buyers are interested in buying your home as it is now. This means that there’s no need to sink money into redoing your kitchen or updating your home’s landscaping. These investors may even tear your home down, or at least knock out a few of the rooms that you renovated.

Talk about a waste of money! Plus, when you’re looking for a cash buyer, chances are that you’re interested in selling your home as fast as possible. But when you start doing renovation projects that add to your overall selling timeline?

That’s just inefficient. So, put down the power tools — and go ahead and put your home on the market today.

2. Pricing Your Home Too High

In general, homeowners will price their houses about 24% over its actual market value. We understand that you’ve invested a lot into your home, and you want to be able to get the best price possible.

However, especially when you’re looking for a cash buyer, you need to accept the fact that you may not be able to make as much money on your home as you initially expected.

That’s not to say you won’t be able to still turn an awesome profit — you will be! It’s just that your priority may be to get out of the home as quickly as possible instead. Now is not the time to get greedy — it’s the time to get realistic.

Think about what’s valuable about your home. Is it in a central location? Does it have awesome back and front yards? Above all, is it a good investment for a cash buyer?

These are the things that you need to consider in order to close a deal quickly — and to understand how you should price your home to make it happen.

3. Fielding Way Too Many Offers

When someone is desperate to find a cash buyer for their home, they tend to go into promotion overdrive. They offer virtual tours on Facebook, they put up flyers around their neighborhood, and they even take out an ad in their local newspaper.

You might think that this is an effective way to unload your home quickly and to field multiple offers in order to get the best price. Usually, however, what happens is that these types of sellers become scattered. They focus so much on pitting buyers against one another, that they often end up losing all of their offers.

Instead, narrow your focus. Work to find a maximum of three potential buyers, and then weigh the pros and cons of each.

This will help you to ensure that you’re actually getting the best offer. Most importantly of all, it will make it easier for you to sell your home and get cash in hand as soon as possible.

4. Not Investigating Your Cash Buyer

So, you’ve finally gotten an offer on your home — and even better, it’s all in cash. You’re so excited to close on the deal, that you say yes to the buyer immediately.

This is a dangerous trap that many uneducated or simply anxious sellers fall into. It is up to you to do your due diligence and thoroughly research the cash buyer of your home.

What kind of experience does this buyer have? Do they have a website? Is flipping houses their main source of income? Are they working alone, or with a team of professionals?

Above all, do they actually have the funds required to purchase your home in all cash? Remember, there are lots of wholesalers out there who are actually posing as cash buyers. These people aren’t the buyers themselves — instead, they work to connect you with a buyer.

This isn’t an option that should interest you. Not only will it take your home a longer time to sell, you may also earn less on the sale overall. Looking for a legitimate buyer for your home? If so, Your Price My Terms can help. Check it out!

Avoid These Problems When Looking For A Cash Buyer

We hope that this post has helped you to grasp some of the most common mistakes that people make when they’re looking for a buyer for their home.

Remember, avoid pricing your home too high, fielding too many offers, and wasting money on renovations that you don’t actually need. Also, always be sure to thoroughly investigate any potential buyers.

Looking for more advice about how to dominate the real estate market this year? Want to learn more about current market conditions? Spend some time on our website and blog to research all the hottest properties and trends — and become the most competitive buyer and seller on the block.

Getting your hands on the perfect home is something which a lot of blogs have covered very nicely. Looking for something which not only captures what you love about the world of architecture and design, while also meeting all of your other requirements will take some work, but you have loads of resources to help you with it. When it comes to business buildings, though, your searches might not come up with quite as much. To help you out with this confusing area, this post will be exploring exactly what it will take for a property to be perfect for your company.

Items to Consider

While appearance is one of the very last things you need to be thinking about during this process, you will still need to consider the physical attributes of the options you have. For example, if you wanted to run a computer-based office, having high ceilings won’t matter to you, but you will want a place which can support all of the electricity you will be using. Commercial buildings come in loads of different shapes and sizes. With some being good for small stores which will be selling products directly to customers, and others being better for manufacturing and heavy machinery. Whichever you choose, it will have to work for your business, and this will be something to consider a lot as the hunt progresses.

Importance of Location

Next, it will be time to think about location, as this will be another important aspect of your property. A lot of companies make the mistake of spending too much on their first building, choosing somewhere far out of their price range, even when they don’t need to. Likewise, though, some organizations have to be in the right place, or they will be unable to drum up enough customers to make money. A little bit of market research should be enough to figure this out. To help you with this, there are loads of businesses out there which specialize in collecting this sort of data. Using the resources at their disposal, you can find out almost anything you want about your potential locations.

Seeing the Future

While the future of your business will be dependent on the decisions you make, it will also be instrumental in the process of making them, and you have to be thinking about what it may bring when you’re choosing your building. For example, rapid growth could see you needing to move within a short period, as you will need room for more employees. To make this easier, choosing property which comes with a lease instead of buying it outright can be the best choice to make. If you have got all of the people you will need for a long time, though, it will be a little different, and buying a place will make more sense.

Removing Emotion

With all of this in mind, it should be a lot easier to take the feelings out of the business property hunting you’ll be doing. A lot of people find it hard to cover this sort of area without becoming emotionally invested in it. In reality, though, it will hurt your venture to make a choice based on anything other than logic during your early stages.

Have you found that you’re falling a little out of love with your home? Perhaps you want to bring the love back, but you’re not sure what to do? In some cases, moving to a new house is the only option – but you should probably try a few of the ideas here first to make sure it’s not just a phase before you go through the hassle of doing that.

Once you do a makeover on your home, you will hopefully fall in love with your home all over again. Check out this company that offers floor covering in essex; they have the best rates and great quality.

Here are some suggestions you can try to rekindle the passion with your home:

Paint Your Door

Start by painting your door a bright, funky color. This could help you to feel great as soon as you arrive home and you see your new inviting door. Your door doesn’t have to be a boring, neutral color after all.

Makeover Your Entryway

Once you’ve made your door look better, you can start by making over your entryway. Add a nice welcoming mat, as well as a textured rug and some cool framed prints. Make sure you’re giving off a welcoming vibe as soon as you or your guests walk through the door.

Don’t Be Afraid To Mix Decor Styles

There are no rules when it comes to your decor, so mixing up your decor styles is fine. If you can’t decide between two that you like, don’t be afraid to mix them up! There’s always a way you can make this work, whether you find a color or some kind of material to bring them together as one. It’s up to you to get creative and turn this space into something straight out of your dreams.

Use All Of The Senses

Make sure you use all of the senses to create a beautiful space in your home. One way you can do this is by using things like candles, incense, and aromatherapy. Aromatherapy oils have a ton of benefits, and you can diffuse them around your home in various ways. Different companies offer services to help you introduce them into your home, too – contact them to see what your options are. You’ll love walking into your home when the natural scent of oils hits you.

Try A DIY Project

DIY projects range from anything, from creating your own cool coffee table to reupholstering a chair. In general, doing this can help you to feel even more house proud as you’re happy with the things you’re creating in your home. Start off with something easy and build up to something more difficult if you haven’t done anything like this before.

Hang Your Favorite Artwork On The Wall

Artwork has been scientifically proven to change our brains so that we feel happier and more relaxed when we look at it. Hang your favorite pieces on the wall, and you should find that you begin to enjoy your home far more than before. Use different sized pictures and different style frames.

If none of these ideas help you to fall in love with your home again, it could be time to pack up and move elsewhere.

More and more people are deciding to shun the usual ways of living for more wacky and weird options instead. Maybe it’s because modern life can get a bit boring and we crave something more challenging. Or maybe people simple like standing out from the crows and living in completely different ways. Many of the alternative living methods that are worth exploring allow people to live in greener and more efficient ways, so that’s certainly part of the appeal. Find out more about each option by reading on now.

Green Roof Homes

You might be looking at that image and wondering why on earth anyone would want to a lawn on their roof. Well, there are actually some clear and real benefits that are worth knowing about. For a start, it lowers the cooling costs of the home because the greenery stops the home from overheating in warm climates. It’s also good for avoiding water leaks.

Trailer Homes

If you do a quick search online, you can easily find new trailer homes for sale, but why are these so popular with people and families? The mobility and the chance to find a cheap living solution is really appealing. Often, people who like to travel a lot want some kind of base that they can come back to, but they don’t want to pay a lot for it. That’s just one example of a situation in which a trailer home can be useful.

Treehouse Living

Living in a treehouse might be the fantasy of every 11-year-old boy, but it’s not just kids who like the idea of doing this. It’s increasingly common for adults to create their own treehouses that are safely and securely constructed as residential properties. There remains that element of fun and adventure with a treehouse though, so that’s certainly why people are drawn towards it.

Wood Pallet Homes

This is one of the ultimate examples of sustainable and green living because what could be greener than building your entire home out of used wood pallets that no one has any use for anymore? As you can see in the images below, it’s a truly stunning affect that can be created with these modest items.

Converted Shipping Containers

As well as using wooden pallets to create homes, people now use old shipping containers. They can be joined together and converted so that they create a home space. Some people have them stacked on top of each other to create different stories, and the options are near endless.

Tiny Homes

Tiny homes are exactly what the name suggests. They’re incredibly small living spaces, often no more than a couple of small rooms in totality. They’re for people who want to embrace the pared down and minimalist way of living. Their affordability is certainly beneficial, and the money saved can then be spent on other experiences.

As you can see, there are so many weird and wonderful ways to live these days, and the options seem to expand all the time. Of course, brick and mortar is still the most common and obvious route that people take, but maybe you should consider some of these slightly out there options next time you’re moving house.

Flipping a home is far from the fast, glamorous process that reality TV makes it out to be. But that doesn’t mean that it isn’t a great way to earn a better living or make some additional cash. The trick to tackling your own remodel is to know the basics of flipping houses 101.

From choosing the right property to making a plan to paying attention to the details, we’re breaking down what you need to know to make your remodel project a guaranteed success. Keep reading to learn the entire flipping houses 101 process that you’ll need to succeed.

Find the Right Project House

The first, and perhaps the most important rule, of flipping houses 101 is to start by choosing the right property to become your project. This may seem simple. After all, you simply need a house. But if you want to make a profit from flipping said house, learning about the market, property values, and weighing renovation costs is a must.

The right house for a renovation project is one that needs work and is priced to reflect that. A home that needs a lot of extensive work will cost you less upfront, but will also cost more in the long run in repairs. It will also take much longer to flip, and require much more labor on your part.

On the flip side, a home that needs fewer repairs is going to come with a higher price tag. You’ll then sink additional money into the home, but may not be able to price it significantly higher. You’ll do less work, but you’ll also earn less profit.

Finding the right project property doesn’t have to be a guessing game. By asking yourself the right questions and doing some research ahead of time, you can choose the home that will help you get the highest possible profit when you’re done.

Research the Market

To start searching for the right property for your flipping houses 101 project, you’ll want to first research the market in the area you plan to buy in. Find out the average home costs in various neighborhoods in your area. Then, look for homes that need work and the price that they’re going for.

Pay attention to how many homes are already on the market in any given neighborhood or city. If one neighborhood already has many homes that have been on the market for a while, it could make it harder to sell your home. This could be an indicator that the neighborhood has other issues that are preventing homes from selling.

On the other hand, if you find a neighborhood where homes sell very quickly after getting listed, or if they sell or above the asking price, this can be an indicator that the neighborhood is a good choice for your project.

Another important detail to research before you buy is what type of homes are popular. For instance, if historic homes are popular, you’ll need to consider whether you’re prepared to restore a property rather than updating it.

You should also consider the size of the property you’re flipping. While a single-family home may be easier to flip, a multi-family home can help you turn a larger profit.

Understand Your Own Capabilities

The next thing you need to consider to ensure that you choose the right home for your project is your own capabilities. If you’re an experienced carpenter, handyman, plumber, and electrician, you may have no trouble tackling even the most difficult property. But if you’re new to flipping houses 101, you may not be prepared for a home that has weak floors, a leaky roof, or other major issues.

That isn’t to say that beginners can’t take on challenging flipping projects. But it could mean having to bring in professional help or needing to take longer to finish certain tasks in order to get the job done. Do a thorough walk-thru of any potential properties, and make a list of any visible work that it needs. Talk to the realtor about other repairs that you may not be able to see during your walk-thru.

If this is your first flipping project, you may want to bring along a friend with experience doing handiwork. They may be better able to spot potential problems and help you discuss exactly how much work you’ll be taking on.

Weigh the Costs Before You Buy

The final step in choosing the right home for your project is to actually weigh the costs that would come with each property that you’re considering. Starting with the price you would pay for the home, make a list of any costs that you know you would have.

For instance, if you know the home needs new floors, paint, a new roof, etc., write down an estimate for those repairs. While it can be difficult to get an accurate estimate, try to get close to what the cost would be. Add in any costs that you can think of. Even seemingly small costs, like fresh paint, can add up significantly.

Once you’ve finished adding up the costs you can expect to pay, consider the price you think you could sell the updated home for. This estimate should be based on what other homes in the area of the same size with similar updates have sold for.

All of these details may just be estimates. Unexpected costs almost always come up during a flipping project. But weighing your costs against your expected profit can help you choose the right home for you.

Set a Budget and Expect to Break It

Once you’ve chosen the right property for your flipping houses 101 project, its time to start planning the remodel. You can use those cost estimates that you made prior to your purchase as a basis for your remodel.

Consider how much you want to spend on your remodel. Keep in mind that the more money you put into higher quality, more thorough updates, the more potential profit. But if you do too many high-tier updates, you could risk outpricing your home for the surrounding market. With your budget in mind, start by laying down how much you will need to spend on any repairs that are an absolute must.

The remaining money can then go towards additional upgrades. For instance, if you enough money left over after accounting for necessities, you could put additional money in nicer materials or fancier upgrades. A linoleum kitchen floor might be fine, but if you can afford it, tile is a nice upgrade. You could also put some of your extra budget money into adding features like a porch, new windows, and more.

It’s a good idea to not set your budget at the very height of what you can afford. As mentioned before, remodel projects nearly always end up costing more than you could expect. As you start replacing floors, you could find water damage on the floor. Working on a bathroom or kitchen could reveal plumbing problems. Weather can cause delays in work, costing you even more money.

Always leave some room in your budget for unexpected costs. And don’t be worried if your budget seems low. Even a small budget can help you make improvements to a home that will help you turn a profit.

Consider What You Can Do On Your Own

If you’re not an experienced handyman, you’ll want to call in a professional for the big projects. Plumbing and electrical work are best left to those with experience. But there are also plenty of projects that you can tackle on your own.

With the help of YouTube and some online research, anyone can learn how to properly paint walls, refinish hardwood floors, lay tile, and perform a variety of other home improvement projects. The more work you’re able to do on your own, the less you’ll have to spend, and the more profit you can make.

Add Some Details

Another great way to boost your profit, besides doing more of the work on your own, is to add some details to your flip. Small details that make a house feel more like a home can be the key to selling a home. The goal should be to make it easier for potential buyers to visualize themselves living in the space.

If the property looks just like every other sterile, uninspired home a buyer looks out, it won’t stand out. Consider painting a few walls in the home a warm or bright color, rather than leaving everything white and neutral. Add some landscaping to the front of the home to give it a polished look. You can also consider renting furniture to stage the home. This makes it even easier for buyers to picture what it would be like to live in the space.

Sell Fast

One of the most important things to learn in flipping houses 101 is to sell the home as fast as you can. If you didn’t buy the home outright, the longer you hold onto the property, the longer you’ll be paying the mortgage. Even if you did buy the home outright, you’ll still be paying insurance, taxes, and any contractor fees that you’ve added.

One great way to help your property sell faster is to enlist the help of an experienced realtor. You may be wondering why a recommendation of flipping houses 101 is to spend additional money. After all, other steps on this list focus on how to save as much as possible in order to maximize profits.

But hiring a realtor can actually save you money. Realtors have a much larger reach than you could have on your own. Even if you list the home online and put a sign in the yard, you’ll only reach a small number of potential buyers. But real estate agencies have a larger reach. They have established clients and new clients joining daily. They also have an established website that they can use to showcase your property.

An experienced realtor service can also make suggestions for staging your home and preparing it for showings. Finally, they can attend showings around the clock. If you’re working or doing another remodel, this can be invaluable.

The resources that a realtor will provide can be vital to selling your flipping houses 101 project fast. Trying to sell it on your own can take much longer, costing you more in taxes and other fees while the house stays on the market.

Get Out if Things Go South

Sometimes flipping houses 101 projects go south unexpectedly. Maybe you bought a home only to start the repairs and realize that they are more extensive than you can handle. Or unexpected damage or other issues was discovered that will cause you to go way over your budget for the remodel.

These things happen, and if they happen to you, it’s important to have a plan in place to get out from under the property before it drains your life savings.

One option is to plan to sell your home for cash, as is. This option allows you to sell the property without doing any further upgrades or remodeling. This is your best chance for getting as much of your money back from the purchase as possible. To learn more about selling your home for cash fast, click here!

Getting Started on Your Own Flipping Houses 101 Project

Now that you know what flipping houses 101 involves, it’s time to get started on your own remodel project. Following the steps in this flipping houses 101 guide can help you avoid a costly mistake and help you make maximum profit from your investment.

Start by being smart about the property that you purchase. Research the market, the repairs that will be needed, and how much you can expect to recoup. Once you’ve found the perfect home, it’s time to dive in. Tackle as many remodel projects on your own as you can, but don’t be afraid to call in professional help on the largest jobs.

Finally, when the home is finished and the special details are in place, it’s time to sell. Consider bringing on a realtor to help you sell fast, which will help you maximize your profits. Once you’ve sold your property, you’ll have money in your pocket to enjoy, or to invest in your next flipping houses 101 project!

Now that you know what it takes to flip a home, it’s time to start your own flipping houses 101 project! Start browsing our available South Florida homes to find the perfect property for your next project!

Buying a house means making one of the most personal choices you will ever have to make. You’re not just looking for a roof over your head, but also somewhere you can feel at home. Unfortunately, the process of buying a property can feel a lot more impersonal than you want it to. It can turn into trying to tick boxes on your list of wants and needs, filling out paperwork, and trying to calculate your finances accurately. If you want to have a more personal experience, there are some things you can do to make the process of choosing your new home less painful.

Find an Agent Who Works for You

Choosing the right estate agent or realtor can make a big different to your home buying experience. Some will treat you just like anyone else, while others will do their best to provide a more personalized service. When you browse real estate online or offline, don’t just pay attention to the properties. Take notice of the agents you will be dealing with too so that you can find someone who works for you. You need someone who knows the area well and will do all they can to find the right property for you, making personal suggestions and not just trying to convince you to buy any property on their books.

Picture Yourself Living in a Property

It can be hard to decide whether a property is right for you. When you view it, it’s either empty, or it’s full of someone else’s things. Imagining what you would do with it and how you would live there can be tough. It’s especially difficult to look past the decor that other people have chosen, particularly when it’s definitely not to your taste. But trying your hardest to think about how you would decorate and how you would live in a property can help you make a decision. Don’t limit yourself to what it looks like when you view it. Use your imagination to see its potential and work out if you could feel at home there.

Speak to Potential Neighbors

When you move into a new home, you also move into a new neighborhood. Sometimes, you might not have many neighbors, but there are many times when you’ll be surrounded by other people. Getting to know some of the people you could be living close to could help you decide whether a property is for you. Speaking to potential neighbors can also help you learn more about the property and the area. You can ask them what they like about the area and whether there are any problems.

Build Instead of Buying

If you truly want your new home to be more personal, you might want to consider building a new home. If you can afford to buy land and start building from scratch, you can design your home so that it has everything you need. You can get as involved in the design and the construction as much as you want to create a home that’s completely personal to you.

Buying a home doesn’t have to be a process full of only paperwork and practical decisions. You can make sure it feels more personal if you approach it correctly.