Comments on: 6 Tips For Flipping A House

By: Carlsbad Homes for Sale

Carlsbad Homes for Sale — Sun, 06 Nov 2011 06:40:49 +0000

Yes, resale value is also an important factor to consider when you buy a property,then flip it. Even if you did well with the redesign and improvement of the house, but the resale value is not good enough, your efforts and your capital may just be put to waste.

By: Holly Marden

Holly Marden — Sun, 06 Nov 2011 05:22:08 +0000

Yeah, home inspection is always necessary when it comes to home buying especially, if you want to flipped it. You always have to make sure that you get the house in the most affordable deal you can get from it and sometimes, the price of the property can be lowered big time, if there is a huge defect found in the house. visit: Gilbert Homes for Sale

By: Tahlia Macdonell

Tahlia Macdonell — Sun, 06 Nov 2011 05:14:14 +0000

Thank you for these tips. These tips are actually a great refresher for me, as I am thinking of getting into the business of flipping properties again. Please visit: Middletown Homes for Sale

By: Darren

Darren — Sat, 23 Jul 2011 04:25:13 +0000

I agree that you need to come up with a realistic resell value before purchasing a property for flipping. I would even go as far as taking 10% off my estimated resell value to create a "margin of safety" and if the deal is stil very profitable, then I would be comfortable purchasing the property. Great article, cheers. Darren Property Investing Tips

By: Investinlife25

Investinlife25 — Thu, 12 May 2011 22:58:09 +0000

Great article. I agree with Atlanta Real Estate’s comment. A pre-purchase inspection can be good leverage during negotiations. It will also uncover any hidden expenses that may not have been noticed otherwise. And purchasing the property at the right price is key. If you spend too much, adding in the renovations needed can leave very little, if any, money for profit.

By: Maria

Maria — Thu, 25 Mar 2010 21:54:48 +0000

Very good info! Nowadays, in these hard times for the economy and in with all the changes, conditions and new information our prospects or clients have in front, realtors became a special key for making decisions. Our job now is not just about “sell”; is also about giving people the best tools and resources in a very easy way to understand, so we can get their confidence, loyalty and referrals, specially because we have a Real Estate market that is not the “healthy” market it was just some years ago.

By: Connie

Connie — Thu, 18 Mar 2010 23:22:16 +0000

I agree with brian above. Interesting info. I wonder how many folks will actually follow your suggestions.

By: Brian

Brian — Thu, 18 Mar 2010 23:20:12 +0000

Interesting info. Not sure how many folks are “flipping” right now but I found it interesting reading

By: Mischa Burlington

Mischa Burlington — Tue, 15 Sep 2009 19:30:17 +0000

Nice post Steven Gillman. Your 6 tips in flipping a house i believe are the most important factors to be successful in flipping houses. Mischa /Burlington Bank Owned Home

By: Atlanta Real Estate

Atlanta Real Estate — Wed, 09 Sep 2009 03:29:17 +0000

Back in the day when I was flipping properties at a whopping part time rate of about one/year, the two most important things were:

1) Pre purchase inspection (used as negotiation leverage if possible)

2) The buy price. Everything keyed off th price you bought it for. If you over pay, you’re hosed. If you vastly under pay, there’s almost no way you can go wrong.

Rob for Atlanta Real Estate