Bathrooms don’t get as much attention in the world of home renovation. But if you’re flipping a home, we believe the bathroom deserves just as much thought as the kitchen, bedrooms, or landscaping. The bathroom is where most people start and end their day. A beautiful bathroom provides a private space to relax and unwind after a busy day, and to start fresh the next morning. When done right, a bathroom can add value to a home and set the tone for the rest of the space. And because the bathroom is much smaller, it’s an area of the home where you can afford to go all out with luxury accents o ..read more

If you’re a new house flipper, you may be overwhelmed at the prospect of funding your first property. As you see other real estate investors flipping multiple projects at once and bringing in huge profits, it can seem impossible that you’ll ever get to that point. But the good news is that new house flippers don’t have to come up with their own cash to pay for a renovation. Getting a down payment or funding your own home renovation is difficult enough, and sometimes borrowing the money in the form of a hard money loan is the best option. This guide to hard money loans for real estate wil ..read more

The more time you take to thoughtfully decorate your home, the more you’ll enjoy living there, and the easier time you’ll have selling the home in the future. Decorating a home adds value and allows potential buyers to imagine themselves in the space. Staircases are often an overlooked area when it comes to decorating the home, but they provide a great opportunity to showcase belongings and favorite art pieces. Read on for 13 ideas on how to decorate your staircase. 1. Hang Large Art Make a big impact by hanging oversized art pieces along your stairwell. Show off your personality with ..read more

There are a lot of different ways to wholesale a house. In fact, it’s one of my favorite strategies for new real estate investors who want to get into flipping houses. Let’s dive in. First, what is wholesaling? Wholesaling real estate means selling a house “as-is” to another buyer—typically another investor who’s going to rehab it, and then rent it or flip it. Step 1 – It all starts with finding a good deal. By that, I mean finding a seller who is motivated to sell their house for below-market value because of their situation: either the house needs a lot of repairs, the seller is going ..read more

A lot of people ask me how Tarek and I got the funding to flip our first house, back when we first started in the business. People think we saved up a bunch of money or that we had some magic trick up our sleeves, but that’s just not the case. So, let’s talk about how to flip houses with no money down. Be aware that you’re still going to pay for each house upfront and in cash, but you’re not going to be putting any of your own money down on the investment. This is absolutely the best way to flip a house. You don’t have to be independently wealthy; you just have to know where to look for fun ..read more

Whether you want to see a return on your real estate investment by flipping or as a landlord, if you’re buying a flip or REO foreclosure property, you’re going to have to do some rehab. These properties and rentals almost always require work, and for the majority of them, that work is going to be extensive. In other words, if you’re looking for the best way to flip a house, you’re going to need to find a good contractor to help you. When you find houses to flip, you need to budget your resources very carefully. A good general contractor will be able to fix problems with the house faster tha ..read more

If you’re new to real estate investing and you want to learn how to flip houses, you might think you have a long way to go. You might even think that it’ll be months if not years before you’re ready to start flipping. Well, stop right there. Believe it or not, Christina and I didn’t know everything when we started our real estate business. Hardly! We were real estate agents who wanted to add new revenue streams to our business and build long-term wealth. In fact, we’re still learning more effective real estate investment and flipping techniques every day. You don’t have to know everything a ..read more

I love ugly houses! Really, it’s true. When you see the really crazy projects that we get on Flip or Flop, you probably think something like, “Tarek and Christina must be nuts to take that on!” Then, by the end of the episode, you see this amazing transformation from a real ugly duckling to a beautiful house that’ll make its next owners really happy. So, why do I love those ugly houses and those really hard projects? I can give you five reasons: 1. THEY STAY ON THE MARKET LONGER – UNTIL WE GET TO THEM When they’re put on the market for sale, ugly houses that look like they need a lot ..read more

Over the past few years, a lot of people have asked me how to start a house flipping business. After all, you probably already know that Christina and I started flipping houses after the housing bubble burst in one of the worst real estate markets in history. The thing is, it’s really not that hard to flip a house, even in a terrible market, if you know what you’re doing. Without getting into as much detail as would be covered in a Real Estate Elevated workshop, here are the basic steps for starting your own house flipping business. Figure Out How Much It’s Going to Cost Before you go ..read more

If you’ve watched Flip or Flop, you can see that Tarek and I have come a long way even since the beginning of our first season. We’ve learned a whole lot about flipping houses and working as a husband and wife team along the way. We’ve had a lot of great experiences, and we’ve had a few not-so-great times, too. We’ve worked through houses that didn’t sell and all that real estate investing had to throw at us, but nothing really compares, in my mind, to Tarek’s health scare. Among our many viewers, we were fortunate enough to have one fan who was a registered nurse. She was watching a marath ..read more