Comments on: 5 Things You Should Know Before You Flip A Property

By: Archer Tunnecliff

Archer Tunnecliff — Sun, 06 Nov 2011 05:41:16 +0000

The Inspection stage is very crucial if you are going to buy a property for flipping. You can have the upper hand in the negotiation part if you know the real condition of the house. Visit: Celebration Homes for Sale

By: Real Estate Investment Trust

Real Estate Investment Trust — Tue, 31 May 2011 19:01:10 +0000

Janet is right, over improving the property is also a problem!

By: Investinlife25

Investinlife25 — Fri, 20 May 2011 00:55:08 +0000

Great article! Item number 1 is so important! And definitely get an inspection – better to know if you’re getting a house full of huge repairs before buying it. Nothing more stressful than buying what seems to be a great house, then starting the rehab work and finding a nightmare of repairs needed! Number 4 is also great. You want the house to sell fast!

By: Phils. Condo

Phils. Condo — Fri, 13 May 2011 05:21:43 +0000

This article is very very informative, thanks for sharing you help a lot of agents!! keep it up.

By: Waycross GA

Waycross GA — Mon, 09 May 2011 02:57:11 +0000

I have been interested in flipping properties for quite some time now but I’ve been nervous. I definitely will not do the work myself as I don’t know how to do anything of that nature so I guess that’s actually a plus lol. I’m a pretty shrewd buyer though, I think that will pay off if I can catch a great deal in the first place.

By: Dick Plumb

Dick Plumb — Sun, 15 Aug 2010 14:40:42 +0000

In my humble judgment, fliping is not an activity for amateurs. If you try it and get burned, you deserve that result.

If folks haven’t figured this out yet, ask anyone who does this full-time for a living. It’s hard work, demanding work and not for those who aren’t fully familiar with the risks involved in picking the right properites, ivesting only the right amount in it, and then getting back out quickly at a modest profit.

A “get rich quick scheme,” this ain’t

By: Janet

Janet — Thu, 18 Mar 2010 23:24:55 +0000

Right. The biggest problem in flipping is buying too high. Then flipping it within a reasonable timeframe becomes difficult at best.

The second problem is over-improving the property.

By: Marry Colorado

Marry Colorado — Wed, 16 Sep 2009 16:25:47 +0000

I agree with Walter Grande opinion, Money is made at the buy, not the sell of your flip, is the most important although all of those five is truly important as well. BankOwnedColoradoSprings

By: Kyle D Jan

Kyle D Jan — Tue, 15 Sep 2009 19:42:12 +0000

I actually think that the first point is the most important. Too many times, an uneducated flipper has difficulty selling the home because they purchased it too high and are trying to resell it too high.

By: Staten Island Real Estate Agent

Staten Island Real Estate Agent — Thu, 30 Jul 2009 18:35:36 +0000

I believe getting an inspection on any property you plan on purchasing is a smart idea. It gives you a great idea on the condition of the home/property before you buy.