Investing app Backflip sticks landing, secures $15M Series A

Backflip, a company that built an application to help investors analyze and finance properties to flip, has secured a $15 million Series A round of funding. Continue reading

Nearly 1 out of every 10 homes sold in Q1 was flipped: Report

Home-flipping activity remained high during the first three months of the year after a sharp drop. Profits also rose slightly, according to property data firm Attom. Continue reading

How does a good return on real estate compare with other assets?

SparkRental co-founder G. Brian Davis offers his guidance on real estate investing, compared to riskier investments in stocks, bonds and crypto: Do it right and you can earn enormous returns. Continue reading

Investor-focused LendingHome to rebrand as ‘Kiavi’

The company focuses on lending for investors who plan to rent out or flip their properties. The new name is a reference to the word for “key” in Italian. Continue reading

How agents can nab new inventory as moratoriums expire

It’s unclear exactly how many properties will be freed up after federal eviction and foreclosure moratoriums expire at the end of July. But whichever way it goes, agents will want to be prepared. Continue reading

Property investment platform Groundfloor doubles revenue to hire 30+

Launched in 2013, Groundfloor was the first real estate investment vehicle of its kind to be approved by the SEC, and revenue continues to pile up as the real estate market stays strong. Continue reading

HGTV stars named in FTC probe into ‘bogus’ home-flipping seminar

The complaint claims Zurixx mislead consumers into believing they’d receive free advice from stars such as Tarek El Moussa and Christina Anstead from “Flip or Flop.” Continue reading

Fund That Flip gets $11M for lending platform

The home financing platform is for experienced home investors and recently secured $11 million in funding from Edison Partners of Princeton, New Jersey. Continue reading

See the ‘Ugliest House of the Year’ and its glorious renovation

The “Ugliest House of the Year” award went to a property purchased as a run-down 1,700-square-foot Tudor-style home in Queens, New York, last fall. Continue reading