Where Real Estate Investors & Landlords Go for Success

Grand Rapids One of Worst Places for Home Flippers Right Now

October 19th, 2021

Grand Rapids One of Worst Places for Home Flippers Right Now Flipping houses is a hot topic that we cover quite a bit. A recent article on Realtor.com says high home prices, combined with a record-low number of homes for sale and rising construction and appliances costs, are burrowing into flippers’ bottom lines. They say […]

Soaring Home Prices Are Roiling Appraisals and Upending Sales

October 19th, 2021

Soaring Home Prices Are Roiling Appraisals and Upending Sales A recent article in the Wall Street Journal (reposted on Realtor.com) says soaring home prices are “roiling appraisals and upending sales.” They report that more & more properties are being valued below their agreed-upon sales price, causing some deals to collapse. The reason is because home […]

Flipping on the Rise While Profit Margins Fall

October 12th, 2021

Flipping on the Rise While Profit Margins Fall ATTOM says that even though home flipping is on the rise, the profit margins associated with those flips are at a 10-year low. According to their Q2 2021 U.S. Home Flipping Report, 79,733 single-family homes and condominiums were flipped in the second quarter representing 4.9% of all […]

Over 100 Suburbs Transitioned to Renter-Majority During the Last Decade

October 12th, 2021

Over 100 Suburbs Transitioned to Renter-Majority During the Last Decade According to recent data analyzed by RENTCafé, renters are now the majority in 103 suburbs that were previously in homeowner territory 10 years ago, and they say 57 other suburbs are expected to join them in the next five years. In addition, they report that […]

Using Real Estate as an Engine for Charitable Giving

October 5th, 2021

Using Real Estate as an Engine for Charitable Giving Do you love supporting charities but want to be strategic about your cash giving? Giving an asset, like real estate, may be a tax-effective way for you to fund your giving dreams without depleting your cash. Many real estate investors have the heart to give charitably […]