Thinking you want to try your hand a flipping or buying an investment property? Those reality TV shows sure make it look easy with a huge profit, right? But you understand that TV is magic and it never turns out the way they show on TV. The truth is that flipping is a hard business. First, can you find something in your market that is profitable? Our market in Northern VA is tough. Home prices are crazy expensive. Second, is your crew trustworthy and can get the job done right? Finding a contractor that does good work, shows up, and doesn’t cost a fortune is also really hard. Do your due diligence! Third, what kind of design will you do, and how does it play into the overall features of the original construction of the house? Where to source materials is also important. And fourth, are you over budget and what you can sell the house for now?
Here is an article on some insider tips to put you on the path to profit, from Realtor.com
Read the Original Article Here: 7 Insider Secrets About House Flipping To Put You on the Path to Profitability
If we can help you find your first flip or investment property, just reach out. We have a few investments and flipped a few ourselves. 571-306-2508 or [email protected] Check us out on Instagram @leanneancompany