There’s no doubt about it – luxury is in. In the past five years alone, flipping of luxury homes – those valued at a million dollars or more – has increased nearly 40% nationwide. You may not have considered this avenue for drastically increasing the value of your investment portfolio, but it’s a valid option for investors with the financial backbone to support the purchase. While the largest markets for this type of venture are obviously locations like Beverly Hills, the Hamptons, San Francisco, and Manhattan, luxury homes in Dallas are also a lucrative opportunity to increase your cash flow...Read More
A lot of new real estate investors lack confidence in their decision-making skills, especially when it comes to their first investment properties. They are afraid to spend too much on renovations, and they shy away from making some of the most effective improvements to get more out of their properties. If you’ve acquired an income property, and you want to increase your rental rates, decrease tenant turnover, and generally improve the value of your property or properties, follow these five tips. A Fresh Coat of Paint You might be surprised at just how effective a fresh coat of paint can...Read More
Whether you are new to the real estate investing world or you have been investing for some time, you should understand that failure can hold a number of valuable lessons. That doesn’t mean that you have to go through the trials of a failed investment to learn those lessons, though. Fortunately for you, many investors have come before you and learned those lessons the hard way so that you can learn from their mistakes and avoid them. Stick to What You Know If you are new to real estate investing, it pays to do some research and to familiarize yourself...Read More