How to Avoid Over-Rehabbing a Property

Hilary FarrRenovation1 Comment

Over-rehabbing a property is a bad idea if you actually want to make a profit in the end. Follow these tips for staying within budget and making good deals on properties.

Whenever people ask me what the worst thing they could do as a home remodeler is, I always tell them over-rehabbing a property. If you accidentally overbid on a house or your remodel starts to go overbudget, it’s tempting to continue moving forward and set your asking price higher when you are finished. After all, won’t people be willing to … Read More

Hilary’s Favorite Materials for Any Rehab

Hilary FarrRenovation9 Comments

Don't get stuck at the hardware store wondering what materials you should buy. Hilary's favorite materials are perfect go-to solutions for any rehab.

If you’re like me, you aren’t planning on rehabbing just one or two houses a year. In fact, once you get your real estate investing business going, you probably plan on rehabbing multiple houses in a month. If that’s the case, you can help yourself out big-time by knowing the best materials to use on all your rehabs. When you … Read More

3 Big Mistakes Every Real Estate Investor Should Avoid

Hilary FarrReal Estate Investing2 Comments

Starting a real estate business can be intimidating, but it will be easier if you learn to avoid making these big real estate mistakes from the beginning.

Starting your own real estate investing business can be intimidating and exhilarating. As you begin to get to know the real estate industry and the home remodeling business, you’re inevitably going to be over-prepared in some areas and underprepared in others. If you wait until you know everything there is to know about remodeling and investing in real estate, though, … Read More

How to Make a Decision on a Home Sight Unseen

Rules of Renovation TeamRenovation1 Comment

Making a decision on a home sight unseen can be stressful and risky. Here are some great tips for deciding whether the home is worth your time and money or not.

When you read advice about home renovations — from myself or any other expert on the subject — you’ll hear that the worst mistake you can make is not doing your homework. If you don’t research the local market trends, market prices for nearby comps, potential liens on the property, etc., you’re asking for problems. You don’t want to buy … Read More

3 Huge House Remodeling Mistakes and How to Avoid Them

Hilary FarrRenovation5 Comments

Avoid making these remodeling mistakes if you'd like to be able to stay within your budget and sell your flip house fast.

When I look back on the many remodels I’ve worked on over the past few years, I realize how much I’ve learned about what to do and what not to do when flipping a house. Here are some of the biggest mistakes that I recommend you avoid the next time you are remodeling. Estimating Your Measurements You know that old … Read More

3 Habits of Successful Home Renovators

Hilary FarrRenovation6 Comments

These 3 habits are important for home renovators to adopt if they want to be successful in the real estate investing business.

Being a successful home renovator is about more than just finding great deals, getting rehabs done on time, and selling the homes at a decent profit. Yes, those are the bare bones of renovating, but to be truly successful in this business you have to embrace the fact that you’re not just a renovator—you’re a real estate entrepreneur. You are … Read More

3 Home Upgrades That Are Worth Paying For

Hilary FarrRenovation6 Comments

Want to maximize your return on investment? These home upgrades are worth paying for as they impress buyers and they will always give you the best results.

Renovating houses is an ambitious pursuit that can be rewarding if you have the proper tools, expertise and patience to see the project through to completion. I am always searching for ways to maximize my investment, implement effective design strategies and get the most out of every rehab project. What’s the best way to do this? There are plenty of … Read More