Selling A Home
Angel Brokers Group is recognized as a leading real estate broker because we invest in our relationships to listen and learn our clients desired goals.
First, to understand what your expectations and target is for your asset, we tour the property, we gather information, and we provide an in-depth analysis of how best to position your asset in the current marketplace. After our research phase, we will recommend different pricing models, define our target customers, and identify the best ways to act on your current strategy.
The final stage is implementing the strategy to maximum effect. Our residential team hits the pavement full-throttle with marketing campaigns backed by established relationships within both the brokerage and real estate communities.
Our combined 25 years of experience, our extensive buyers network and marketing channels give us a realistic approach selling your home
Buying A Home
Call or email today to get access to off market listings and exclusive opportunities only at Angel Brokers Group.
Fix and Flip
Flipping Single family homes is the process of buying a property and then reselling it for a better price in order to turn a profit. Investors who flip houses make a business out of buying out homes that are available for sale for less than what they are actually worth. Homes may be in need of repairs, and are selling at a discount. The most common way investors flip homes is to buy foreclosure homes, which sell at good discount prices of anywhere from 20% up to 70% below their actual market value.
Foreclosures
Foreclosures offer the best discounts on real estate available on the market today, which makes them perfect for buyers looking to flip homes for a profit. Since foreclosures are sold by lending banks and government agencies looking to collect an unpaid loan or tax debt, they are often sold for way below their actual market value. This is because the bank or agency usually only needs to collect a portion of a home’s value. Best of all, foreclosure sales happen every day in every state across the country. By purchasing foreclosures at auction, from banks, or from government sources, investors can get a low price.
Making Good Investments
It’s also important to keep in mind that flipping houses effectively isn’t just about buying the cheapest home you can. You need to look for foreclosures that are good investments. This means considering factors beyond the home itself. Is the property in a desirable neighborhood? How is the local economy and school system? You have to make sure the home you purchase is one that buyers will want. Again, you can often find gems in great locations that go unnoticed or may need a little fixing up. But the best bets are the properties that can sell themselves after you’ve purchased them for a discount.
How to Find Investment Homes
The best way to start investing and house flipping is to simply look at what’s available. The more listings you look at, the more homes you visit, the more you’ll understand what kinds of properties are available in your area. It often helps to size up a few properties before you actually even intend to buy one, to get yourself into the practice of looking for the best values.
If you’ve never flipped a house before, we recommend starting simple. Buy a property you know will be desirable, and that you won’t have a hard time selling. This means buying in established neighborhoods where other homes are currently selling.
Single Family Rentals
Real estate investing is full of choices and options. Being aware of these is the first step to making the best possible investment decisions. For individual investors looking for a long-term, income-producing opportunity, rental properties offer considerable advantages.
Single-family rentals are in high demand because they provide residents with the best of both worlds — the privacy and space of living in their own homes and the flexibility for life transitions, all while still being more affordable than buying a home.
For example, many respondents surveyed by the Terner Center for its study preferred single family rentals over owning because of the freedom it allows in case of a major life event, such as getting married or divorced, or finding a new job, which could allow them to adjust their living situations quickly. At the same time, respondents also enjoyed the perks of the suburbs, such as private yards, decks, pools, driveways and garage spaces, and access to vibrant parks and great schools. Professionally managed single-family rental communities even provide tenants with additional communal benefits, such as institutional management, landscaping services, playgrounds, dog parks, barbeque pits, walking trails, and resort-style pools and fitness centers.
Tenanst of single-family rentals because owning a home has only gotten more difficult and expensive since the housing crisis. A tough job market after the financial crisis, the slow economic recovery and crippling levels of student debt delayed millennials in particular from homeownership.
Investing in rental properties has been gaining a lot of traction in the marketplace as the demand for rental homes continues to grow. A large portion of the millennial generation is delaying home ownership, due in many cases to student debt, but also fueled by that demographic’s desire for the mobility and convenience that comes with renting. In fact home ownership in the U.S. is the lowest it’s been since 1965, according to a recent Census Bureau report.
If you’re looking into the possibility of investing in rental properties, you may find that investing in a Single-Family Rental presents a more appealing investment opportunity than multi-family properties. Here are some considerations that may convince you to take a closer look at Single-Family Rentals (SFRs).
Higher cash flow
The average annual return for SFRs is between 9 and 10%. In certain markets the returns are much higher.
When investing in the right markets and neighborhoods, these properties have the potential to provide better returns than multi-family properties. The initial investment is lower and rents are often higher, resulting in a good net return each month. Single-Family Rentals also traditionally experience less tenant turnover, which can represent considerable cost-savings when factoring in rehabbing and re-leasing costs.
Greater Flexibility Over Investment Property Portfolio Growth
The ability to acquire a portfolio of Single-Family Rental homes gradually over time, compared with the up-front costs of multi-family apartment units for example, gives investors far more flexibility in how they choose to grow their real estate holdings.
Operating costs can be lower
Tenants of SFRs generally pay all utilities, which can represent a significant savings to the property owner. Expenses for repairs and improvements on a SFR are not nearly as significant as those for a multi-family property. Even if you own several SFR properties, it’s not likely that they will all need a new roof at the same time, for instance.
Easier re-sale
The day will eventually come for re-sale of the property, and a SFR can be marketed to more buyers than a multi-family building. They can appeal to both investors and owner-occupiers, so re-sale can be easier to accomplish.
While the market where the investment is located naturally influences all of these factors, there are a lot of potential advantages to investing in single-family rentals over multi-unit properties. Particularly for individuals looking to build their portfolio over time, SFRs offer the option of acquiring units gradually, while the strengthening housing market and high demand for rentals help to minimize risk.