For many people, home flipping is their first experience in residential real estate investment. The job of a home flipper sounds easy: buy a home at a low cost, fix it up to increase its value and then sell the home for a higher cost. Home flipping is a popular activity because it's relatively affordable and many people enjoy the process. If you're new to home flipping, the following seven tips can help.
For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.
1. Do Your Research
Before a home flipper purchases a property, they should know the standard value of the homes in the area where they're thinking about buying. This tells them how much they can expect
Indoor air quality can have a big impact on your health and wellness of your Northwest Calgary home. Fortunately, there are many things you can do to improve your home's air quality. If you're a homeowner seeking to freshen the air in your home and make it healthier for the people in your household, these tips can help.
Change Your Air Filter Every 3 Months
Many HVAC systems have an air filter that removes dust, pollen, and dander from the air that circulates through the ducts. The air filter must be changed every three months when the HVAC system is in use. Homeowners who want to remove smaller particles from the air in their home may wish to install a HEPA filter.
Clean Your Ducts
Even with a clean air filter in place, ducts may develop a
Buying a home is an uncommon experience for most people. As a result, many people are unfamiliar with the terms and phrases that industry professionals use. This glossary of real estate terms can help you understand some of the most common words that get used in the process of purchasing a home.
Mortgage
A mortgage is a loan to a home buyer to help them purchase their house. Most people need a mortgage because they don't have the full amount of money required to buy a house.
Mortgages last 5 years. At the end of the 5 year period, unless the mortgage has been fully paid off, the homeowner must refinance and get a new mortgage. Many homeowners take 25 years to repay their loan. If a homeowner decides to move to another house before the home is
Kitchen renovations constitute big business on the home scene, and one of the most common upgrades includes replacing older kitchen counters. The midrange value of a kitchen remodel in 2018 topped $63,000. If a kitchen redo is in your North Calgary home future, here's what you should know about the various types of counter materials, their cost and their expected return on investment.
Here are eight of the best available options for trendy kitchen countertop types and updates:
Natural Stone
While granite and marble are perhaps the best known, soapstone is another natural stone with historical roots in New England. It is rustic, yet upscale in appearance, and is usually grey or dusty green in color. It blends well with stainless appliances and
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