ReCasa Financial Blog

ATTOM Data Solutions released a motivating article in September for real estate investors .  Even though these statistics are in regards to the second quarter of 2018, the article reports interesting information regarding the real estate industry .

Some interesting takeaways from the article include:

– “Buyers have plenty of choices and only the top-quality homes are selling.  This means investors need to fine tune their operations and pricing models and deliver model-like homes in order to compete.”

– “‘ Financing can be the answer to making more profit overall: an investor that nets $30,000 per flip after paying $5,000 to $10,000 for financing costs can make $90,000 on three flips with the same amount of cash required to make $40,000 on a single flip . For some experienced investors, it’s possible to do 20 to 30 flips per year with financing versus 10 or less using all cash.’”
     – Read our blog post about this topic here – /what-will-your-investment-give-you-in-return/

– “States with the highest average gross flipping ROI in Q2 2018 were Louisiana (102.5 percent), Pennsylvania (100.3 percent), Ohio (81.4 percent), Maryland (76.1 percent), and Tennessee (74.9 percent).”

The article gives great information and graphics that pertain to the rehab investment industry . Read the full article here – https://www.attomdata.com/news/market-trends/flipping/home-flipping-report-q2-2018/.

How do you think the rest of 2018 will play out for the real estate industry?

The post 2018 Q2 and Real Estate Investing first appeared on ReCasa Financial Group.