Maximizing Value with Strategic Kitchen Renovations: Trends for 2024
Threshold Homes
by Amber Miller
2w 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
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5 Common Flip Mishaps to Avoid
Threshold Homes
by Amber Miller
2w 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
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Rising Rates and Real Estate Investing
Threshold Homes
by Amber Miller
2w 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
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Building a Dream Team – Contractors
Threshold Homes
by Amber Miller
2w 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
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How Much Does it Really Cost to Flip a House?
Threshold Homes
by Amber Miller
2w 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
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How to Get Started Flipping in 11 Easy Steps
Threshold Homes
by Amber Miller
2w 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
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5 Reasons Why Real Estate Agents Make the Best Investors
Threshold Homes
by Amber Miller
2w 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
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Top Bathroom Design Trends for 2023
Threshold Homes
by Amber Miller
2w 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
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9 Renovations that Add the Most Value
Threshold Homes
by Amber Miller
2w 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
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5 Strategies to Market and Sell Your Flip Property
Threshold Homes
by Amber Miller
2w ago
While you’ll hear plenty of opinions about the real estate market at any given time, I assure you that house flipping can be done in any real estate market. From starting in 2008 to the present day there’s plenty of changes. While you can’t control the market what you can control is how you’re choosing to market your flip. There’s a few key prinicples that when used can help you minimize the market time for your flips and make sure buyers are aware of all benefits of the home. Emphasize the Improvements You didn’t make improvements to the property to keep it a secret. The more you do to impro ..read more
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