Threshold Homes
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Learn about the real estate, renovation, and design that goes into successful house flipping. From finding houses with potential to design inspiration it's all here. Whether you're working on your own live-in flip or looking to build a flipping business we've got it covered.
Threshold Homes
2M ago
I stage every home I flip. In fact, I am so convinced that staging is key to a successful offer that I was doing it long before it became the norm. According to various industry experts (Real Estate Staging Association Publications, the National Association of Realtors, and Professional Staging), 85% of staged homes sold for 5 to 23% over their listing price. Additionally, a staged home spends 73% less time on the market than a non-staged home. What this tells me is that in any type of market the extra effort to stage pays off.
From my own experience, staging gen ..read more
Threshold Homes
6M ago
Renovating a kitchen not only breathes new life into a home but also significantly boosts its market value, especially when done thoughtfully. As we look towards 2024, several key trends are shaping the way homeowners and investors approach kitchen makeovers. From embracing open concepts to integrating high-tech appliances, each trend offers a unique opportunity to enhance both functionality and aesthetic appeal. Here’s a deeper dive into these trends and how they can add maximum value to your kitchen renovation project.
Embracing the Open Concept Kitchen
The open concept kitchen continues to ..read more
Threshold Homes
6M ago
Flipping houses can be a lucrative venture, but it comes with its fair share of challenges. Today, we’re diving into the five pivotal pitfalls that can make or break your flipping success. From underestimating renovation costs to mastering the art of pricing, we’ll explore the strategies that seasoned flippers swear by. Whether you’re a pro navigating market conditions or a newbie learning the ropes of due diligence, we’ve got the insights you need. Ready to flip and thrive? Let’s dive in!
Pitfall Number One: Underestimating Renovation Costs
Renovation costs are the heart of any flip, and let ..read more
Threshold Homes
6M ago
In the realm of real estate investing, the impact of interest rates on the housing market has been a topic of much discussion. As interest rates continue to fluctuate, understanding their effects on real estate, particularly in the context of house flipping, is crucial for any investor’s success.
By exploring diverse financing options and strategic property purchases, you’ll be well-equipped to thrive amidst changing market conditions and maximize your returns.
Understanding the Myth of Interest Rates
One common misconception in the world of real estate investing is that favorable interest rat ..read more
Threshold Homes
6M ago
Building a winning team is crucial for the success of any project, especially when it involves hiring and managing contractors. In this blog post, we will address common questions and uncertainties surrounding the process of finding reliable contractors, establishing clear expectations, negotiating contracts and pricing, managing contractor relationships, and dealing with challenges and disputes.
By following these guidelines, you can create a harmonious and productive environment that leads to smoother renovations and better outcomes for your projects.
1 – Finding and Vetting Contractors
Find ..read more
Threshold Homes
6M ago
When you’re flipping a house, there are several expenses that collectively, make up the big picture of the true cost of house flipping. There is definitely more than just labor and materials. To begin to assess all of the areas where you may incur those additional costs is a big task.
With this guide behind you, you’ll be well on the way to having an estimate as close to reality as possible so let’s take a look at specific costs you’ll want to make note of.
1 – Acquisition Costs
The first step in flipping a house is acquiring a suitable property. The cost of purchasing a property can vary sign ..read more
Threshold Homes
6M ago
How do you get started flipping houses in 2023? Many people won’t move forward (even though they really want to) because of the market or feeling unprepared.
If you’re interested in starting flipping, you can, and you shouldn’t let the whispers about the market or predictions get in the way. Like I always say, you learn by doing.
I’m going to break down 11 simple steps to getting started in flipping in 2023. Whether you have experience in the real estate industry or not, if you want it, you can do it.
1 – Access Your Financial Situation
You may have the idea that you need a hefty ..read more
Threshold Homes
6M ago
Real estate agents have a unique opportunity to leverage their expertise for investing.
Let’s get into how real estate investing is an excellent opportunity for all, especially real estate agents.
Investing in Real Estate
Investing in real estate is a great way to build wealth. Real estate investing is an attractive avenue for building wealth because it is easy to gauge and predict value. Property is a tangible asset that appreciates over time.
An average person has great potential to make money as a real estate investor and must build the skills agents already have!
Advantages of Real ..read more
Threshold Homes
6M ago
This year’s bathroom trends focus on relaxation and elevating the bathroom with decor and accents. I like to talk about trends but will not necessarily put them into practice for every flip project. Before moving forward with a design or renovation that follows a current trend, ensure it aligns with your overall plan and budget and fits the market you’re in. Especially when you are flipping houses trends are something to note but not necessarily follow.
Let’s get into the top five trends designers recommend for 2023:
1 – Walk-in Showers
Walk-in showers used to be considered a more luxurious a ..read more
Threshold Homes
6M ago
Real estate is unique and very localized. While there may be some shifts in pricing, according to Forbes, economists aren’t in agreement on what we can expect in the 2023 market. And lately, there seems to be a return to the multiple offers and supply shortages. As investors, the one thing we can control is the renovations that are made to the properties we’re working on.
As house flippers, we can make decisions based on our finances, experience, and market knowledge. The goal is to buy low and sell high in any market, so we want to focus on adding value. Let’s get into the best renovations to ..read more