When it comes to making money in the business of flipping houses and other real estate investments you will find all kinds of do’s and don’ts along the way. The truth of the matter is that these are extremely useful whether this is your first house flip or you have been flipping houses for years. In fact you might just find that you can learn something new on occasion by reading lists such as this even if you’ve been flipping houses for years and have many successful flips under your belt.

1) Don’t forget to check out the neighborhood before you buy. You will want to make sure that the property you are considering is a good fit for the neighborhood. You should also take the time to make sure that the plan you have in mind for the property will match well with the other neighborhood residents in order to guarantee a quicker sale.
2) Don’t blow your budget without just cause. Your budget is what you used to determine whether or not the house would be a profitable venture. If you blow your budget and cannot recover the extra money you’ve spent in the selling price on the house you will have seriously cut into your profits if not eliminated them all together. The goal in property flipping is to get in and out quickly and spend as little money as possible in order to make as much money as possible.
3) Don’t forget to set daily goals and hold yourself accountable to those goals. If you don’t reach your goals for the day it can set the entire project back by as much as a month depending on the goals and what has to be rearranged as a result. Stick to your timeline and your daily schedule in order to avoid potentially costly delays in time and money.
4) Don’t neglect the exterior. Curb appeal is what brings buyers into the property. If you spend all your money, time, and effort making improvements to the exterior of the home you will have little left to make the outside appealing to potential buyers. A homebuyer is in the market for the entire package. A home that looks run down on the outside leaves the impression of being neglected on the inside and many potential buyers will never walk inside if the outside looks forlorn.
5) Don’t spend money you don’t need to spend. While it would be great to put in granite countertops and gourmet kitchens into every home it isn’t always practical and this is often money that will not be recovered, particularly in homes that are in marginal neighborhoods. If you want to get the most for your money avoid costly expenses that aren’t exactly necessary for the successful completion of the flip. Resurface bathroom fixtures rather than replacing them if possible and use new cabinet doors or hardware rather than adding new cabinets all together to cut down on expenses. In other words, salvage what you can, fix what needs to be fixed, and add a few cosmetic touches before moving on.

The market for real estate is a very fickle market. Avoid risking too much time and money on a property that isn’t going to recover those added touches and expenses. Instead hold onto those ideas for higher end flips once you have a few successful flips under your belt.

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Of all the styles of architecture and decorating around the world very few have taken the best of all the others and made it a little bit better in quite the way that the style often referred to as “French Creole” has managed to do. The truth is that while this style of architecture that New Orleans is famous for is really heavily borrowed from many other cultures and yet uniquely New Orleans at the same time.

Creole architecture for many brings to mind intricate wrought iron work, long shutters (to cover the windows during hurricanes originally), huge windows and doors (these were designed larger than typical homes in other parts of the country in order to create breezeways for the wind to come through in the sweltering hot summer months), and bright colors that you aren’t likely to find in most million dollar neighborhoods. This style of architecture and home décor is also famous for huge balconies-also with wrought iron railing.

The amazing thing about the Creole style of home decorating is that there is no one identifiable feature that labels a design style as decidedly Creole. Lagniappe is a term that people here quite often in and around New Orleans. For those who do not know, it means “a little something extra”. From an extra donut to a freebie bookmark and many things in between, that little something extra has a long history in New Orleans from the architecture to the music there always seems to be a little something extra that you couldn’t get anywhere else.

The interior design style of the Creole is also very similar. Some consider it gaudy but the locals consider it that little something extra and it is. You may find a little Gothic style, a little bit of Jazz, and a whole lot of Mardi Gras in one room and it s quite all right because you are getting all that and just a little bit of lagniappe too. Home decorating in Creole country is an art form that defies logic and yet makes perfect sense for the rich culture and heritage that it encompasses.

For those that need a little inspiration who would love to incorporate a little Cajun or Creole spice into their living spaces, perhaps the following suggestions will prove to be helpful.

1) Red peppers. Nothing says spice quite like a red pepper. There are all kinds of items you can find with red peppers in them these days from wallpaper borders to hand blown glass peppers, jar toppers, pot holders, kitchen towels, strings of lights for patios-even kitchen canisters decorated with red peppers. There are all kinds of options available to incorporate this theme into your home or one room of your home.
2) Music notes. Most people cannot think of Cajun country without thinking of the music that calls this great section of the country home. Music notes are a great way to symbolize the music that made New Orleans famous.
3) Mardi Gras Masks. Many people find that New Orleans symbolizes Mardi gras in their hearts and minds though New Orleans is not the birthplace of Mardi gras. The masks are a way that people from around the country can bring the ’spirit of New Orleans’ home with them and decorate their homes with that attitude that can only be referred to as Creole in many hearts and minds.
4) Food. Believe it or not the food is as much a part of the Creole home as any other design element. For this reason a French Creole style kitchen is often the way to go when it comes to home decorating in the Creole fashion. The kitchen is the heart of a Cajun home and food is what makes it that heart. Use jars of beans, rice, pastas, and other lagniappe as part of the overall design and you might just be amazed at just how Creole the room begins to look.

The most important thing to remember is that Creole is more of an attitude than a design style. Bring the attitude of “No Worries” into the design features of your home and you will have the true Creole style to an art.

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If your current planting goals involve plants that require good water drainage, I am sure you know how frustrating it is to have a yard that just won’t cooperate. Some plants can handle the excess water that comes about from being in an area that doesn’t drain properly. In fact, it might just cause them to bloom more lushly. However, other plants don’t cope as well, and it will cause them to die a gruesome, bloated death. You should always find out about the drainage required for every plant you buy, and make sure that it won’t conflict with any of the areas you are considering planting it in.

In order to test how much water your designated patch of soil will retain, dig a hole approximately ten inches deep. Fill it with water, and come back in a day when all the water had disappeared. Fill it back up again. If the 2nd hole full of water isn’t gone in 10 hours, your soil has a low saturation point. This means that when water soaks into it, it will stick around for a long time before dissipating. This is unacceptable for almost any plant, and you are going to have to do something to remedy it if you want your plants to survive.

The usual method for improving drainage in your garden is to create a raised bed. This involves creating a border for a small bed, and adding enough soil and compost to it to raise it above the rest of the yard by at least 5 inches. You’ll be amazed at how much your water drainage will be improved by this small modification. If you’re planning to build a raised bed, your prospective area is either on grass or on dirt. For each of these situations, you should build it slightly differently.

If you want to start a raised garden in a non grassy area, you won’t have much trouble. Just find some sort of border to retain the dirt you will be adding. I’ve found that there is nothing that works quite as well as a few two by fours. After you’ve created the wall, you must put in the proper amount soil and steer manure. Depending on how long you plan to wait before planting, you will want to adjust the ratio to allow for any deteriorating that may occur.

If you’re trying to install a raised bed where sod already exists, you will have a slightly more difficult time. You will need to cut the sod around the perimeter of the garden, and flip it over. This may sound simple, but you will need something with a very sharp edge to slice the edges of the sod and get under it. Once you have turned it all upside down, it is best to add a layer of straw to discourage the grass from growing back up. After the layer of straw, simply add all the soil and steer manure that a normal garden would need.

Planting your plants in your new area shouldn’t pose much difficulty. It is essentially the same process as your usual planting session. Just be sure that the roots don’t extent too far into the original ground level. The whole point of creating the raised bed is to keep the roots out of the soil which saturates easily. Having long roots that extend that far completely destroys the point.

Once you have plants in your new bed, you’ll notice an almost immediate improvement. The added soil facilitates better root development. At the same time, evaporation is prevented and decomposition is discouraged. All of these things added together makes for an ideal environment for almost any plant to grow in. So don’t be intimidated by the thought of adjusting the very topography of your yard. It is a simple process as I’m sure you’ve realized, and the long term results are worth every bit of work.

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Flipping houses is becoming increasingly popular. Unfortunately, the popularity of the idea is creating a bit of competition among those who would love to try it out for the first time. The increased competition often serves to drive up the costs involved in purchasing the profit, which only manages to lower the profit potential. However if you find a good deal and feel that the property is a good candidate for a flip you can ask yourself the following questions to help you determine whether or not the property really is a good candidate.

1) Have you had a qualified inspection and determined that there are only minor repairs that need to be made to the property and the landscaping? This is important because every repair that needs to be made will eat into your budget. You want to complete the project with as little extra money invested as possible in order to get the greatest return on your real estate investment possible.
2) Is the property suitable for the neighborhood? By this I mean is the property a three-bedroom house build for families in the middle of a retirement community or is it a one bedroom, cottage-style home in the midst of family houses? These aren’t exactly a good match and can cause problems when it comes time to sell.
3) Can the neighborhood bear the price you need to bring in from the flip? If you are creating an upscale home in a marginal neighborhood you are almost guaranteeing a loss on your investment. You want to find a house in need of repairs selling cheap in a neighborhood of much better houses so that it can bring in the profit you are hoping to get when all is said and done.
4) Can you make the changes you envision for the house on your budget and without significantly changing the structure of the house? This is a biggie and one that often gets overlooked. You do not want to start knocking out walls or creating additions when flipping a house. That is something you should leave for the new owners. You want to make as few waves as possible and only make changes that will improve the value of the home.
5) Can you improve the value of the home enough to make it worth your while in a short amount of time? This is another big deal when it comes to a house flip. It takes time and money to make the changes that most “flippers” have in mind for their investment, especially first time flippers. Do you have the time to stick with it and the money to cover the carrying costs while you are in the process of making the changes?
6) Is the property in a high demand neighborhood, city, etc. for selling properties? Another common mistake is buying in areas that are hard sells for buyers. It is often quite simple to find lower priced properties that are attractive at first glance however; if you can’t sell the property you purchase to flip it really defeats the purpose of putting all that time, effort, and money into making the improvements.
7) Can you do the work or will you need professionals and if so, will it still be cost effective? Be careful that you do not overestimate your abilities in this if possible. It is great to think you can put down a hardwood floor but the reality of doing it is quite another matter. Be sure you have a realistic understanding of the potential costs involved in the flip and whether or not the property will still be profitable in the worst-case scenario.

Answer these questions when checking out potential real estate investment and house flipping properties and you should be well on your way to a successful flip, at least as far as the selection of the property goes. You should also find a house to flip that you like as you will likely be spending a great deal of time there.

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Imagine a beautiful spring day. You want to go biking, go
fishing or even enjoy a picnic with your family. When you
enter your garage to gather your gear and head to having
fun you have a tremendous surprise: your stuff is all over
the place, on the floor, messed up in corners, misplaced in
various drawers. Organizing your garage is as easy as
figuring out where to start. The first thing is to purchase some
cabinets, some shelves and hammer a series of nails into
the walls.

The storing and sorting goes as follows. Categorize each
object and place it in a place specially designed for it. For
example sporting gear should be placed in a cabinet or on
some shelves, tools should be placed in drawers or hung on
to some peg boards. Be ruthless about throwing away and
don’t think twice before you throw away anything
that you haven’t used recently or anything that’s broken.
If you haven’t repaired it yet, chances are you won’t repair it.
Seasonal gear should also be sorted, boots and out-of-
season coats should be organized in small closets.

After you finish organizing, sorting and throwing away
unwanted items you will be surprised to see your garage
floor and corners again. Maybe your car will fit in the
garage again.

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