Insula Capital Group LLC

Despite the success of the global construction industry , many contractors and investors struggle to cover the cost of doing business because of how high they are. As a result, people continue to look for ways to save money and gain more profits with their construction projects. If you’re in the same boat, here are three ways to increase your project’s profitability. Decrease Rework One of the most costly processes of any construction project is reworking. Reworking refers to making last-minute additions or omissions to the construction project. It’s an expensive choice because it can result in damaged reputations and late project deliveries.  According to the Construction Industry Institute , reworking a construction project can increase the total contract’s expenses from 2 to 20% or more. Therefore, it’s crucial to make final decisions during the design phase to avoid detecting errors when the construction work is in progress. Reduce Project Duration Another way to begin the proc...

  Fix and flip projects can be highly profitable if done right. However, most investors make common and minor mistakes that jeopardize the entire project. If you're working on a fix and flip project, make sure you steer clear of these pitfalls by avoiding these mistakes. Purchasing an Expensive Fixer-Upper You must get a good start with your fixer-upper. When talking about flipping, this can mean avoiding purchasing a home with over 70% of its After-Repair Value (ARV), exclusive of the repair costs. When you follow the 70% rule  from the beginning, you save up enough money for repair costs and any unforeseen delays and costs. Working without a Budget The golden rule for flipping a project is drafting a budget; you can't work without one. The budget would include property price, taxes, repair costs, duration, etc. This is crucial since you won't be able to lay out your business plan with a budget. Fix and flip projects can be quite expensive and tough to track, which is why ...

Real estate  is a massive industry. In fact, people continue to look for real estate investment opportunities to receive high returns on their investments. However, most investors avoid using their savings to invest in such projects so that their assets don’t become subject to the risks involved in real estate investments. Fortunately, you can always resort to other ways to fund such projects. Here are three ways to finance your land development project without using your nest egg. Crowd Funding One of the most innovative and exciting ways to acquire funds for your land development project is to crowdfund. The concept of crowdfunding gained popularity after the passing of the 2012 Jobs Act  by Congress. This act paved the way for people to use digital marketing and social media to raise money for their ventures and use that capital to grow.  It’s an excellent opportunity for  real estate investors  who don’t want their investments to affect their long-term savin...

  If you're a real estate investor, you're probably looking for ways to maximize your revenue in this industry. Most investors have found the fix and flip projects quite profitable. Fix and flip projects entail purchasing a home, remodeling, and repairing it to sell it at a better price. However, these projects require immediate financing. Luckily, fix and flip loans can offer you immediate fix and flip financing  with numerous benefits. Let's explore the benefits of these loans. Fix and Flip Loans Have Quick Approvals Traditional financing systems such as banks can often take too much time for approvals. However, fix and flip loans  have quick approvals. Once the borrower has submitted the required documents, the private lender will approve the loan in a few days. But with traditional lenders, approvals can take nearly a month. Plus, traditional lenders don't just have a longer wait time but also have other demands, such as numerous documents and conditions to qualify....

You've found the right property for your next fix and flip or rental project. The location's good, the property's price matches your budget, and the seller is reliable. So what’re you waiting for to make an offer? Many real estate investors tend to forget the importance of making timely offers . Either they do it too early or waste so much time that another potential buyer gets away with the property. In this article, we share some tips to help you make smart real estate offers that will be accepted by the seller. So let’s get into the bidding warzone! Limit Anticipations Investors waste most of their time anticipating risks and opportunities. This especially is true in the case of newbie investors. Due to limited capital and expertise, they wait for something better to show up. However, it’s not a good idea. Anticipation and contingencies only elongate a real estate purchase. It hardly adds any value to the process. It's not just cost-inefficient but can also become a ...

  The process of home buying can be intimidating as well as exhausting for first-timers. From the documentation to the financial matters, everything involves a series of steps. Any mistakes during this process may lead to serious consequences. The first and the most important step is procuring finances from a reliable lender. The rest of the procedure  becomes relatively easier once the budgeting has been taken care of. This is why knowing hard money loan terms is essential for buyers who’re on a budget. Here is a brief overview of the entire mortgage process  in New York to make the process easier for new investors. Document Review During the initial phase, you will be required to submit some important documentation for review and approval. Your real estate broker will evaluate your credit score, tax returns, income statements, and expenditures to determine your credibility for a mortgage loan. These documents may also be needed in the later stages of the process, so yo...