The real estate market has been quite the hub of activity the past few years. Even with many areas seeing low inventory and strong buyer activity your, house needs to stand out and be memorable. As more and more people get into the house flipping arena there are certain observations that I have made: It appears that more people are flippingPeople can sell a product that is not as … [Read more...] about Amber’s Biz Tip: Get the Best Price for Your Flip
There is a difference between making an offer on a house that you are looking to flip and a house that you would buy for your own home. As you progress on your journey buying investment properties you will may also discover that the use of the property will also influence the price. For example, if you are buying a fix and flip versus a fix and rent. This is why it is key to know when … [Read more...] about Amber’s Biz Tip: Writing the Offer for Your Flip
Figuring out your budget and renovations Flipping a house involves risk. It also involves a decent reward if it goes well, which is why people do it. In order to successfully flip a house you will need to create spaces that add value and appeal to buyers. Every time I look at a house that I think has the potential to be a good flip project I ask these questions to determine … [Read more...] about Amber’s Biz Tip: Get the Most Profit Out of Your Flip
When I started my search for a fixer upper to buy, I worked with many people to learn the crucial steps. Since I had no background in real estate or renovation, the most important person was a realtor. They also renovated properties, which was a plus. They were also able to provide accurate cost estimates and recommendations for how extensive the renovation should be, without over … [Read more...] about Amber’s Biz Tip: Questions to Ask Yourself BEFORE You Buy Your First Flip
This is the big question that a lot of people have. And like everything to do with real estate the answer is “it depends.” Since every house is different it is impossible to give a flat number that will apply in every situation. The best I can offer after more than 10 years of experience is a range of 40-160K. Not much help, right? This is why when you are getting started and … [Read more...] about Amber’s Biz Tip: How Much Does it Really Cost to Flip a House?