Are you looking to ensure a profit flipping a house? It can be very risky and cost you a lot of time and money so below are just some quick tips on what you can do to make that all important profit.
Use the correct tools
You should work with the correct tool such as
HomeTraq so to find the correct property quickly. Make sure you can trust the people who will help with the repair or even better be handy yourself!
Benefit vs Risk
Make sure you have a good understanding of the potential money you will have to put into the house versus how much you can get back from it. rule of thumb for investors is generally to pay 70% of the after repair value (AVR) of a property minus the cost of the repairs.
Speed
Move quickly as your biggest enemy is TIME you need to view, buy and sell the property as soon as possible. CLICKING HERE we can make sure you get to view the best properties so to make sure you get the best profit flipping your house.