5 Challenges Fix-and-Flippers Will Face in 2023
It has been a heck of a few years in real estate investing. From the run on home buying in 2020 to the consequently astronomical increases in home prices to a (hopefully) inflation-stymying rate hike that bumped up mortgage and lending rates, some investors are having a hard time seeing which way is up. As […]
Why Fix-and-Flippers Don’t Scale Their Businesses
There’s no rule that says fix-and-flippers have to scale their businesses. In fact, many fix-and-flip investors look at it as a side hustle to supplement their income. Some just enjoy the hands-on work of home renovations and like making a bit of cash along with it. But are those the only reasons people don’t scale […]
Top 3 Real Estate Investment Trends for 2023
With 2022 being a wild year for real estate investing, what does 2023 have in store? That’s part of what we wanted to learn when we recently surveyed more than 100 of the top real estate investors in the U.S. about their habits, experiences with fix-and-flipping in 2022, and plans and predictions for 2023. The […]
What Makes a Successful Fix-and-Flip Investor
Do you have the characteristics of a successful fix-and-flip investor? With all of the ups and downs of the real estate market and economy as a whole in 2022, we wanted to do a deep dive into the minds of real estate investors. We didn’t just want to hear what they thought of that year’s […]
Creating Consistency to Scale Your Fix-and-Flip Business
[Editor’s note: This is an excerpt from our new guide, “Less Sweat, More Equity: How to Scale Your Fix-and-Flip Business.” Read the full guide to get started on scaling your business today.] Consistency is one of the keys to scaling your fix-and-flip business. If you’re constantly looking for new contractors, buying different materials, or changing […]
13 Tips for Negotiating the Purchase of Your Next Fix-and-Flip
When it comes to fix-and-flip investing, there are a lot of required skills — research, math, analysis, etc. But the art of negotiation is often forgotten. While the ability to negotiate isn’t something most people are just born with, it can be learned. To help you sharpen that skill, we’ve compiled a list of tactics […]
Top Real Estate Investors Share Why Flips Fail
Covering everything from fix-and-flip horror stories to how to stay successful in an unsteady housing market, Stoa’s “Why Flips Fail” webinar is filled with pearls of wisdom from successful real estate investors. Cesar Yepez, Doffis Absher, and Larry Mohammed joined Stoa for the hour-long discussion. Having different business sizes and working in different markets, each […]
3 Ways to Prevent Scope Creep in Fix-and-Flip Investments
“Maybe if I knock down this wall …” “A window might look even better here …” “I bet if I install marble countertops …” And before you know it, you’ve added weeks of work and thousands of dollars to your fix-and-flip project. Scope creep is insidious. From the examples above to smaller things like adding […]
How to Avoid Over- and Under-Renovating a Fix-and-Flip Investment
When some people imagine over-renovating a home, they’re thinking Italian marble floors and golden claw-foot bathtubs. But it can be more subtle than that. The same goes for under-renovating a home. Going with less expensive fixtures may seem to make good financial sense, but you risk not maximizing the home’s resale value. From countertops to […]
13 Questions to Ask a Contractor Before Your Next Renovation
Hiring a contractor to work on your house flip renovation project can be stressful. You want to build a long-term, trusting relationship to streamline your projects, so ensuring you align on communication, workmanship, and goal-setting (among other things) is paramount. Lacking that alignment is a major reason why flips fail. But how do you find […]
