How Accurate is Zillow’s Zestimate?

how accurate zillow zestimate

Many people use Zillow to value a home, but how accurate is Zillow? Zillow uses what they call a Zestimate to give values on almost every house in the United States. The problem with the Zestimate is it uses a computer algorithm to come up with a value. When valuing real estate, you need to … Read more

The Top 10 Mistakes New House Flippers Make

Flipping houses can be a very lucrative business, but it is not easy to get started. House flipping is often glamorized by television and companies trying to sell house flipping training programs. The television and real estate investing gurus make flipping houses look easy when there is so much more involved than what they show you. … Read more

What is Difference Between Being Wealthy and Rich?

There are many definitions for being rich and being wealthy. To me, being rich is about how much money you make or appear to make, while being wealthy is about how much money you have. I know people who make $500,000 per year but have little to show for it because they spend it all. … Read more

Should I Buy or Rent a House?

rent or buy a home

There is a growing sentiment that it is better to rent than to buy a home. People argue that owning a house is much more expensive than renting because you have to pay taxes and maintain the house. You also have to spend more money on down payments than you would be if renting a … Read more

Does Flipping Houses Affect Your Credit?

Flipping houses is a major personal and financial decision. It is a large investment that may or may not turn a good profit. There is undoubtedly a sizeable market for flipping houses. According to ATTOM Data Solutions, there are 207,088 houses that were flipped in 2017. 138,410 separate entities (individuals and organizations) were responsible for … Read more

How Much Money do Real Estate Agents Make?

resources for real estate investors

Many people want to become real estate agents because of the freedom and money you can make. While some real estate agents can make a great deal of money, the median gross income of Realtors was $39,800 in 2017, a decrease from $42,500 in 2016. Realtors with 16 years or more experience had a median gross income of $78,850 compared … Read more

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