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Hard Money Lending Terms Defined

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  Ever wish there was a dictionary for real estate hard money terms? Don’t fret, we’re here to help. We’ve consolidated a list of the most commonly used terms in hard money lending to help you better understand and communicate with your hard money lender.  While these are general definitions, it is important to remember that sometimes lenders will have specific definitions within loan agreements, so you’ll want to be sure to review the agreement and consult legal counsel if necessary. After Repair Value (ARV)  - The value of the home after all the repairs have been completed. This is the “Sell” part of the Buy-Fix-Sell project. It is important to calculate the anticipated ARV before purchasing an investment property because often times the amount put in towards the repairs and renovations does not translate to the overall value of the property. Also, hard money lenders tend to use the ARV to help determine the maximum loan amount. Acquisition Loan  - Financing for the purchase, or acqu

Continuing Education For Real Estate Professionals

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  It’s true that anyone can   become a real estate investor, but becoming an expert means learning the intricacies of the business. You can avoid a lot of mistakes early on by taking the time to educate yourself about the industry before you jump into your first flip, and as you continue to invest and learn from experience, there are always more resources available to help you optimize your strategy. As an investor, there are some key topics that you should focus on at the beginning of your career: Managing investment properties Understanding real estate law and contracts Estimating construction and rehab costs Analyzing deals Financing your projects How you learn these skills is up to you, but this blog will provide an overview of some of the best resources available for real estate investors interested in learning more about the business. Back to School Although you don’t need a college degree to become a real estate investor, if you do plan on obtaining a degree there are some progr

House Flipping Statistics All Real Estate Investors Should Know

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  For real estate investors involved in flipping properties, having data to support investment decisions allows for smarter and more profitable strategies. The 2015 US Home Flipping Report compiled by RealtyTrac provides detailed information regarding the state of affairs for real estate investors across the country. After studying the report, we’ve extracted some information to highlight that may interest our hard money borrowers. Home flipping was the most popular it’s been since 2007. The report, which defines a flip as a property that is sold for the second time within a 12-month period, found that the number of real estate investors who completed one or more flips in 2015 was the highest it’s been since 2007. The data collected from 950 counties and more than 80% of the population found over 110,000 active flippers in 2015 – the most since 2007’s 130,000. It’s not just about the large investors. While the number of active real estate investors is on the rise, the number of flips p

Finding The Right Real Estate Agent For Your Investing Business

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  When you’re   building a team for your investing business , one member in particular who can make an enormous difference is a real estate agent. Specifically, an agent who understands an investor’s needs. Often referred to as an “investor-friendly agent,” this person can help you make smart decisions when purchasing a property and then help you sell for maximum profit. But not every agent is suited to work with investors, and vice-versa. From an agent and investor who has been there, here are key tips for navigating the process of selecting the right agent. Manage Expectations First, a disclaimer: every real estate agent is bound by a set of moral and legal obligations. So when we talk about an investor-friendly agent, we don’t mean someone who will bend rules to find deals or make sales. If you’re looking for someone to cheat the system, you’ve come to the wrong place. For example, if you’re purchasing property, understand that the seller’s agent is obligated to do right by the sell

5 Funconventional Bachelorette Party Ideas

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  As brides enter the next phase of their lives, many choose to celebrate the occasion with a girls weekend filled with adventure – but it doesn’t have to be your typical bar crawl! Think outside of the box and plan the ultimate bachelorette weekend with these f unconventional  bachelorette party ideas!     Glamping A wonderful way to squash pre-wedding stress and bond with your bride tribe? Embracing the outdoors! Rent an airstream camper or a woodland air b&b and bond over hiking, s’mores and going unplugged! Gals for the Greater Good We’re sure you’ve heard the term “bridezilla,” and with so many decisions to make and responsibilities to handle, it’s easy to see why brides to be are stressed out. During a time in which it’s “all about you,” make the choice to give back with your girl gang! Visit your local animal shelter for a group dog walk, serve lunch at your local homeless shelter or sign up for a charity race! You’ll feel great about giving back to the community and cherish

Top 2019 Bridal Trends in the Essense of Australia Wedding Dress Collection

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  It’s a new year of bridal fashion, which means a whole new world of coveted trends from which to choose. From elevated fit-and-flares to organic twists on classic ballgowns, with touches of tradition in between …   Essense of Australia   brings the runway to your wedding day. Don’t know where to begin? You’re in luck, because we did the homework for you! Here’s our latest trend report for 2019 brides: Flourishing Botanicals Essense of Australia style D2748 Essense of Australia style D2597 We are loving this season’s bold additions of organic detailing to modern designs  Bridal Gowns . Incredible combinations of flowers, leaves and vines are incorporated with mixed-material laces to create effortless looks that are distinctly high-fashion. Style D2748 features a narrowed, plunging V-neckline and V-back encircled by a double-banded empire waist for a modern Grecian feel—while the wild botanicals cascade throughout the lush A-line skirt for a free-flowing, whimsical effect. Style D2597

Top Three 2019 Bridal Trends in the Martina Liana Wedding Dress Collection

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  As trends in bridal continue to evolve, 2019 brides want it all when it comes to finding the  Bridal Gowns  of their dreams. Sounds like a tall order, but who other than wedding gown designer Martina Liana to rise to the challenge? That’s why we’ve gathered this quick list of the top three bridal trends of 2019, as brought to you by her latest collection—so our fashion-forward brides can leave their style worries behind. Organically-Inspired Wedding Dresses Martina Liana style 1057 Martina Liana style 1025 Mimicking the carefree spirit of wild vines and flourishing blossoms, the modern bohemian will say yes to these life-like elements adorning her wedding dress. Full 3D blossoms adorn the subtly sheer bodice and off-shoulder straps of Style 1057, and gently fall onto the figure-hugging silhouette. For a more vintage-inspired feel, the ornate laces in Style 1025 create a more organic-style scallop finishing on the shaped train to complete your refined, nature-inspired aesthetic. Moder

Top 2019 Bridal Trends in the Stella York Wedding Dress Collection

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  In 2019,  Bridal Gowns  are taking on a whole new level of luxurious details and effortless looks—and this collection is no different! Featuring the impeccable fit and fashion-forward finishing that you know and love from   Stella York , her latest gowns feature stunning sheer details, whimsical laces and refined simplicity worthy of a modern royal. Ready for the rundown of this year’s hottest trends? Let’s get started! Regal Minimalism Stella York Style 6758 Stella York Style 6763 Hey there, princess bride-to-be! Capturing the same minimalistic spirit of Meghan Markle’s historic gown, these gowns offer all the glam and grandeur you expect from Stella York in clean and simplistic designs. Style 6758 features a universally flattering plunging neckline with wide straps, elongating the frame and tapering toward the waist to create an enviable shape. The square back detail is uniquely modern, and complemented by fabric-covered buttons running the length of the voluminous train. Style 676