Is it a good investment?
Are you ready to invest?
Considering a fix-and-flip property? Got questions? You’re in the right place. We are here to tackle some of the most common questions we get about this real estate strategy with investing. Let us know if you have other questions!
Is it a good investment?
Real estate is a great investment. Why? It almost always appreciates over time. While there are occasional fluctuations, the rate of appreciation typically outpaces annual inflation.
fix and flip
Fixing and flipping is when someone purchases a property, remodels it to add value and then lists it to sell. Think HGTV’s Flip or Flop.
Where to find a flip house?
You’ll want to do your homework. Research the area, study sold prices, and get a feel for what buyers are looking for. Network with a great agent who is aware of properties in your area and can do much of this work for you. They can also calculate your expected rate of return on a particular property.
Must haves for a flip
If it’s your first flip, look for a decent floor plan (nothing too quirky), a newer build, the right location, and easy value-add potential (new flooring, paint, appliances, yard work, etc.).
Want to learn more?
So glad you asked! All you need to do is complete the form below. We love helping new investors purchase their first investment properties—plus, we know our area like the back of our hand. Reach out and let us pull some properties for you to look over today!