hills capital: Why use a broker for your next commercial loan? - 06/05/18 02:03 PM

If you have ever thought about financing a commercial real estate property, the thought of using a commercial mortgage broker may never have crossed your mind. However, it is something you should consider. Commercial mortgage brokers based are not more expensive to use a than a traditional lender.
How many lenders do the borrower engage with during a typical year? Most borrowers only do one maybe two transactions every few years, unless you are a professional investor. A good commercial loan broker does multiple transactions a month, do they know what is in the marketplace at any giving time. There are many moving … (0 comments)

hills capital: RENTAL PROPERTY MAINTENANCE TIPS FOR THE BUSY REAL ESTATE INVESTOR - 06/04/18 06:45 AM
If you’re just starting out in the rental property business, you might not have sufficient funds to hire a full-service property management company. That’s why it can be a more cost-effective solution to oversee your rental property maintenance yourself. However, in order to maintain the condition of your rentals, as well as your reputation, it’s critical to be organized and work with reliable maintenance professionals. Otherwise, you risk damaging your property and providing subpar service for your tenants. Keep the following tips in mind:
Determine precisely what rental property maintenance needs to be done
Depending on the type of property, it will usually … (1 comments)

hills capital: HOW PRIVATE MONEY LOANS CAN BENEFIT REAL ESTATE INVESTORS - 05/18/18 07:09 AM
As banks make it increasingly hard to obtain real estate investment loans, investors are turning to private money loans to bridge the gap.
A private money loan comes from a private lending company rather than a bank. The money is often available in days instead of weeks, with less-strict requirements for credit history. Private loans enable cash offers with less hassle. Ultimately, they streamline the real estate investing business, giving investors a powerful tool to act on profit-making opportunities.
What is a Private Money Loan?
A private money loan is a type of financing real estate investors seek for fix-and-flip or long term rental properties. … (0 comments)

hills capital: How to Budget for Fix and Flip Renovations - 05/15/18 06:08 AM
  The key to making money from flipping houses is to accurately predict how much you’ll spend on rehabbing each property. This allows you to estimate the profit on the projected selling price. However, getting the budget right isn’t easy—especially when you’re new to the business. Here’s how to create an accurate budget for fix and flip renovations.
Pricing out the Work
You can’t calculate a budget for fix and flip renovations until you know exactly what work needs to be done to rehab the property so you can get your desired selling price. Begin by asking a local realtor what … (0 comments)

hills capital: Important Rental Property Renovations to Remember - 05/15/18 06:04 AM
  Truly essential rental property renovations differ from the ones we’ll make when dealing with a fix-and-flip. When renovating for a rental, we’ll want to move away from wow-factor and instead increase the property’s efficiency and livability.
A good guideline? Renovate to the standard of the neighborhood. Do nearby rentals have fresh paint, minimal landscaping and Corian countertops? Then that’s the zone we’ll want to hit when making renovations. Use the tips below to get the most mileage from your rental property renovations’ budget.
Clean Before You Renovate
Save money on rental property renovations by zeroing in on what’s actually essential. … (0 comments)