Though investing in real estate seems to be hotter than ever, new real estate investors can’t expect to find success by diving into the deep end. For investors, success comes with time, patience, and experience. Thankfully, new investors don’t have to rely on trial-and-error to come out on top. Because so many have come before us, we can learn from their triumphs and failures. 

The COVID-19 pandemic has thrown a wrench into a lot of plans. Whether we had dreams of big 2020 vacations, family reunions, or big financial moves, the state of the world has led us to reconsider more than a few things. The pandemic has taken its toll on our health, our social lives, the economy, and our finances. 

This week’s Transformation Tuesday comes from Dallas - Ft. Worth, Texas! A hodgepodge of abandoned belongings and trash littered the front yard of this single-family home. The interiors were outdated and what little was left was entirely past its time. To see how our expert team of contractors renovated this home from the ground up, see the before and after pictures below!

In real estate investment (and finance in general) there’s often a raging debate about which is better: cash flow or net worth? The truth of the matter is that we need both to truly succeed in our real estate investment ventures. When we look at lists of the richest people in the world, they’re often ranked solely by net worth.

Tax incentives are a big reason to become a real estate investor. From a multitude of potential deductions for rental property owners, depreciation, pass-through income, and utilizing capital gains taxes instead of income taxes. 

This week’s Transformation Tuesday comes from Oklahoma City! There’s no denying this single-family home needed some serious work. Between its trashed backyard to its stripped interiors, our expert team of contractors had a handful of projects on their plate to complete to shape this house into rent-ready conditions. See the final results in the pictures below!

Patience is a virtue.

Zillow CEO Rich Barton recently said that he believes “we are at the dawn of a great reshuffling,” for the real estate market. There’s no doubt that the real estate market has seen a shakeup in recent months — but there’s far more to current market activity than pent-up demand and the incentive of low interest rates.

This week’s Transformation Tuesday comes from St. Louis, Missouri! This two-story, single-family home was in serious need of having its original beauty restored. From its built-in shelves to its two-car garage, this house was bursting with potential. However, shag carpets and outdated tiles kept the home from truly shining. To see how we turned this property into an asset, check out the before and after pictures below!

As technology progresses, we see people looking to innovate the investment game. Technology, after all, offers some unique advantages and conveniences that we once didn’t have. Even just the internet and its ability to connect people around the globe have revolutionized how we invest.