Over the past few years I have been invited to share my house flipping experience with a few local investor groups. These audiences are usually made up of investors with varying levels of experience. By far the largest group is those who are wanting to get started. Not only do they want to start but they are trying to figure out exactly what to do but also the pitfalls they want to … [Read more...] about Pitfalls That Can Make Your Flipping a Flop
restorations
Simple Upgrade Details to Add to Any Flip
With more than 150+ homes flipped it would be easy for me to put some design choices on automatic. While I may be a fan of a few paint colors and subway tile, I also have some specific details that I incorporate with each home to add something extra. It is my goal with each and every house to have buyers and agents comment on it even if the house is not the one that they decide to … [Read more...] about Simple Upgrade Details to Add to Any Flip
9 Types of Houses to Never Buy
While there are laundry lists of things to look for in a potential flip sometimes it may be easier to put together an immediate list of “no’s” for those who are new or just getting started flipping houses. Busy Streets A home on a busy street (no matter how great it looks) is going to sit on the market longer. Buyers will be more reluctant to submit an offer and those you receive will be … [Read more...] about 9 Types of Houses to Never Buy
Why Function in Your Flip Matters
There is a saying that the devil is in the details. Lack of function is something that I see lived out all the time when it comes to flips. There is a thought that as long as the house is new and has somewhat neutral finishes that people will pay for that alone. While that may occasionally be true, I would rather stack the odds in my favor by making sure that as long as I am … [Read more...] about Why Function in Your Flip Matters
The Dangers of DIY in House Flipping
I am going to talk about one of the many myths around house flipping. The idea that a great way to save money is to do the work yourself. Blame it on HGTV and DIY shows. It looks so easy to grab a sledge hammer and start tackling that kitchen wall that is going to open up the entire space. What you are not seeing is the behind the scenes planning that got them to this … [Read more...] about The Dangers of DIY in House Flipping