JB Hoover’s Blog
Watch Out For These 5 Things When Flipping Properties!
Selecting the perfect property to flip is no easy feat. Depending on your market you may have too many or too few options to choose from. Regardless of which is true, it’s important to stay away from certain properties to increase chances of a higher profit. If you...
Three Steps to Take Before Purchasing Bank-Owned Property
Bank-owned properties have given homebuyers everywhere a reason to celebrate over the last few decades. They provide opportunities to obtain properties at a reduced price; a situation that appeals to both the brain and the wallet. Unfortunately, bank-owned properties...
Finding the Best Contractor
Contractors are not one in the same. Finding a good one is like finding the right primary care physician for your family. The proper research must be done and sometimes you’re not going to get it right the first time around. To save yourself time and money, be sure to...
Renovating Your Home While On A Budget
If you're feeling inspired to change up your home, taking the time to think about the renovation ahead of time can help you stay on budget. You'll want to get the most return on your investment, especially if you plan on selling in the future. Before starting any...
How to Manage Risk in Construction Management
Risks are the order of the day in every construction site. Managing these risks is highly essential to prevent the possibilities of injuries of construction workers. The concept of risk management follows three major undertakings including evaluating the risks...
New Technologies in the Construction Industry
Cutting-edge technology is about to completely change the construction industry. More firms are relying on technology to deliver remarkable projects. Technology in the industry improves safety, efficiency, quality, productivity and also reduces costs. What are some...
5 Trends Causing Change in the Construction Industry
The construction industry is in a state of change, prompted by environmental concerns, social reform, and new business models. Together, these factors are helping a few new trends to take the construction industry into a new era. Prefabricated Dwellings are in Demand...
The Process of Real Estate Rehabilitation – Steps 5, 6, & 7
Now that we covered the first four steps of the 7-step process let’s go over the final three steps of rehabilitating a home for resale. If you’ve read my past two blogs, you’ll know that the steps we’ve already covered are: creating a plan, preparing the scope of...
The Process of Real Estate Rehabilitation – Steps 3 & 4
In my last post, I introduced the 7-step process of rehabilitating a home for resale by discussing steps one and two. Step one: create a plan for how you wish to accomplish this rehabilitation by focusing on what repairs are necessary and what improvements should be...
The Process of Real Estate Rehabilitation – Steps 1 & 2
I find joy in working in the real estate rehabilitation business which allows me to take a bad situation and turn it into something good. The bad situation is when someone loses their home to a foreclosure, however, by flipping the home, those four walls can be sold...