How to Flip Real Estate
This short tutorial explains the fundamentals of flipping properties. Answers the following questions:
1) What are the various timelines for flipping a property?
2) How long should I hold a property that I want to flip?
3) When is a good time to buy real estate to flip?
4) Where should I buy property if I'm a first time house-flipper?
5) What kind of neighborhoods make the best candidates for house flipping?
6) What factors should I look at when evaluating a location for a house-flip?
7) How can I research a location for a potential house-flip?
8) What's the secret to choosing a neighborhood that is increasing in value?
9) What is 'gentrification'?
10) What neighborhoods make good candidates for gentrification?
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Comment by Dion S Alexander on April 30, 2009 at 2:37am -
PROFESSIONAL REAL ESTATE INVESTOR LOOKIG FOR PROPERTIES
Hi, my name is Mr. Alexander and I am an investor in the local area. Due to the current economic condition, I have decided to ramp up my existing operation. I not only represent myself, but I also have several investors in and out of the area that
I help find, rehab, rent out, and manage properties.
Because of the money backing me, I have set the goal to buy 100
Hundred properties within the next 12 – 18 months. Some of these properties I will buy , and hold myself, some of them I will sell to other investors and some I will buy , fix up and flip for myself. Regardless of the strategy I use on each property, I need to be very aggressive on the price I pay for the property, especially in the current market. I have not chosen a real estate agent to represent me yet. The agent that I choose cannot be afraid to offend other agents with low offers. The agent I choose also will have to be available at all times. I use several strategies to buy and sell properties quickly, including making verbal offers when permitted. I will also look at a lot of properties and buy only a few. So an aggressive work schedule will be required. The upside for the agent who gets accepted will be lots of commission. We will close on properties every month. I will pull in the agent on For Sale By Owner deals. At times I will write additional commission into the contract when we ramp up full speed. All that aside, I am a professional and I expect to work with a professional. I want to make money. Here are the type of properties I am looking to buy:
Single family homes 3-4 bedrooms
1-2 baths at least 1,000 sq. feet.
No mobile homes at this time
No home built before 1950
No vacant ground
Located in zip codes 33324,
Only in low-crime neighborhoods
If you have properties that fit this description or would like to
Represent me please email adion17@yahoo.com
Thanks for your time,
Mr. ALEXANDER @ 513-532-9726
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