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Tips for Flipping a House
(Click on a title to continue.)
What's a House Worth?
- To start with, it sure doesn't have much to do with how much
you have spent buying it or improving it - at least not in any
direct way. People sometimes do $30,000 "improvements"
that add just $20,000 in value to a property. Other times a smart
$4,000 improvement can...
Real Estate for
Sale by Owner - An Opportunity? - The sign reads, "Real
Estate For Sale By Owner!" For some investors, seeing this
is like finding treasure. This is partly because these properties
are not in the MLS (Multiple Listing Service) listings that make
up the usual inventory of properties found online or through
real estate agents. In other words, they are harder to find.
In fact, if the seller isn't ...
HUD House Foreclosures
- Many people get excited by the idea of buying HUD house foreclosures,
thinking that they are going to get a house worth $140,000 for
$90,000. Guess again. HUD homes are supposed to sell at market
value, and in most markets...
Stay safe at home with an ADT
home alarm system.
Wall Street Journal Subscription
- Keep up on the latest financial news and trends.
Real Estate Profits - You'll find a n nice collection
of pages on investing in real estate here: http://www.everywaytomakemoney.com/real-estate-profits.html
This Month's Tips
Use That Investing Club - Get creative with
your real estate investor's club. If you don't already have an
"I have/I need" routine, start one. This is a time
when every member announces what they have or what they need.
You never know what profitable connections might be made. For
example, a member could have good cupboards coming out of an
upscale remodel that are usable for your fixer upper, saving
you the cost of new ones.
Budget for Unexpected Costs - Always plan for
unexpected costs. You should probably include at least $2,000
for "unexpected costs." An investor I know - even after
the most careful planning and dozens of rehabs - found that he
averaged $3,000 more that he estimated in costs. Always expect
the unexpected with real estate, and make it part of the budget.
laminate flooring - If you want to improve the aesthetic
of your house, BuildDirect has many great flooring products including
More Pages on Flipping Real Estate
Real Estate Flipping
- Beyond fixer-upper homes.
Flipping Houses - Three
Flip This House - A new
technique to try.
How to Find Cheap Real Estate
- Including some ways you may not have thought of.
Cheap Fixes to Help You Flip
That House - Fix and flip on a budget.
Investment Mistakes - Two
to Watch Out For - Notes from the science of behavioral economics.
Flipping Real Estate - Two Ways - Two approaches to the repair
and improvement process.
Fixer Upper Houses You Don't
Want - You may want to avoid trying to flip these.
House Inspection - Do Your
Own? - Yes and no...
How to Buy and Sell
an Apartment Building - With a step-by-step example.
Attic Renovation Ideas
- A small collection of possibilities.
Free Home Inspection
Checklist - A fairly comprehensive checklist.
Basement Renovation - High
Return On Investment - Quickly make a house more valuable.
Ideas - Some of the profitable possibilities.
Real Estate Glossary
- A through L. This is a fairly comprehensive glossary of terms
used in buying, selling and financing of real estate, including
those terms directly related to flipping a house, of course.
Glossary of Real
Estate Terms - M through Z (the continuation).
How to Make Your
Own Real Estate Investing Course - And why you should.
More tips for fixing a house and flipping real estate are
added regularly. Check back here or subscribe to the free Fix
And Flip Real Estate Investing Course for the latest information.
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