This statement is the truth. Don’t forgot those hidden items!

Add some fun to your house by creating a slide to get to the bottom floor of your house instead of using the stairs. Think of it as a investment as you will be not age by sliding down the stairs everyday.

The buy-fix-sell or rent out real estate investing strategy often fetches heftier returns than flipping because it entails a lot more work. This includes dealing with contractors who will be renovating your property. The profitability of your investment property partly depends on how the contractors execute their job since you will be spending a considerable sum of money for the project and because the quality of their work will dictate how much asking price or rental you can command from buyers or renters. That is why if you are new in this strategy, it is essential that you establish a good working relationship with some of them so that in your next rehab projects you know who to turn to. Of course, you would want to choose the competent and professional ones, those who are reliable and would not… Read the rest

A door is not merely a door, but the primary method one enters and leaves your house. It can leave a lasting impression on your guest if you have a unique, one of a kind door. Within this post we want to show you some examples of some of the most beautiful doors in the world and to expand your imagination of its incredible possibilities of style and color.

Law office in Dubin

The windows give this door an added touch of elegants.

The blue gives this door a contrast with the beige walls

A work of art with all the colors: Green, yellow, and a touch of orange.

A used door that color faded a bit. The lock adds another element to its character.

Wonder style, and this door gives you a

… Read the rest

With the tremendous earning potential in real estate investing and the velocity of money with which one can rake in earnings doing this business, financial freedom and early retirement could just be on the horizon for many successful real estate investors. If you are one of them, then perhaps, the forecast that Social Security may no longer be able to pay full benefits in the years to come as it is about to run a negative cash flow by the year 2017 is none of your concern. It may not even matter to you if you cannot yet avail of tax-free distributions from your IRA. However, a savvy real estate investor like you can make use of your expertise to accelerate the growth of your IRA. This is through self directed real estate IRA’s.

Self directed IRA’s are a… Read the rest

Image by lawtonchiles via Flickr

With the growing social awareness of the need to care for the environment, emphasizing the importance of  green living to parry climate change, every rehabber may have toyed the idea of doing a green rehab. So what’s holding you back from jumping on the green bandwagon?

While you think of some excuses why you cannot get involved in green rehab, here is a list of why you should:

1. Let’s Begin With the Obvious: Green Rehab to Help Minimize Climate Change

It is the conscientious thing to do. Since this opens up to a larger topic, and perhaps may spark several arguments, let me leave it to Greenpeace and other tree huggers to expound on it.

2. Do Green Rehab to Cash In on the Growing But Untapped Green Market

The… Read the rest

Should you be afraid of trying to comply with the EPA’s new lead based paint laws?  I have heard several real estate investors offer up many different opinions on this topic.  Based on the fines involved, I would not willfully violate these laws whether you like them or not. The six ideas presented below are derived directly from the EPA’s FAQ website.

The good news is that only one in four homes built after 1950 has lead based paint.  Depending on your city, this may not affect you very much.

The first thing you have to do is pay $300 to have your firm lead based paint renovator certified; which is strictly a fee in order to get on the EPA’s approved list and receive an approved vendor certificate.  Then, the newly certified firm has to pay to have their… Read the rest

Flipping properties in rough neighborhoods can be quite aggravating and costly if one does not take the proper precautions to secure the property during and after the rehab is complete.  Depending on the crime rate of the neighborhood, choose the option that makes the most sense for your area.

Electrocution (check with your local zoning laws first)

I came up with this brilliant idea after my first break-in.  My first home rehab project was completed the day before Thanksgiving in ’01.  The very next day, on Thanksgiving, I received a call from a fellow investor informing me that the back door to the house was wide open.  Upon arriving at the house, on Thanksgiving night, I found that all the copper plumbing was ripped out of the basement, along with the kitchen counter tops, kitchen cabinets, furnace, and the toilet… Read the rest