Learn the Basics of Investing

• Understand how equity, appreciation, and market cycles work.

• Study common investment strategies: fix‑and‑flip, BRRRR, buy‑and‑hold, and wholesaling.

• Get familiar with local market trends, property values, and neighborhood growth patterns.

Strong Financial Foundation

• Review your credit, savings, and borrowing power.

• Explore financing options such as hard‑money loans, private lenders, HELOCs, or cash.

• Create a budget that includes purchase price, renovation costs, holding costs, and resale expenses.

Assemble Your Investment Team

• Partner with a knowledgeable real estate agent like the Home Connections Group who understands investment properties.

• Build relationships with contractors, inspectors, lenders, and title professionals.

• Surround yourself with experts who can help you evaluate deals and avoid costly mistakes.

Identify the Right Property

• Look for homes priced below market value with strong resale potential.

• Prioritize properties needing cosmetic updates rather than major structural repairs.

• Analyze comparable sales to estimate your after‑repair value (ARV).

Run the Numbers Like a Pro

• Use formulas such as the 70% Rule to determine your maximum purchase price.

• Calculate renovation costs accurately—get multiple bids and include a contingency buffer.

• Ensure the projected profit justifies the time, risk, and investment.

Secure the Property

• Make competitive offers backed by strong financing.

• Conduct inspections to uncover hidden issues.

• Negotiate repairs or price adjustments when necessary.

Plan and Manage the Renovation

• Create a detailed renovation plan focused on high‑ROI improvements.

• Stick to your budget and timeline—delays increase holding costs.

• Work closely with contractors and check progress regularly.

Design for Today’s Buyer

• Choose modern, neutral finishes that appeal to a wide audience.

• Prioritize kitchens, bathrooms, flooring, and curb appeal.

• Balance style with durability to maximize value.

List and Market the Finished Home

• Price the home strategically based on fresh comps.

• Use professional photography, staging, and strong marketing to attract buyers.

• Highlight upgrades, warranties, and energy‑efficient features.

Sell, Profit, and Repeat

• Review your final numbers to understand what worked and what didn’t.

• Use your profit to fund your next flip or diversify your investment portfolio.

• Continue learning, networking, and refining your strategy.