How Do I Get Into Fixing & Flipping?
When most people hear the term “fix and flip”, the first thing they think of is a get-rich-quick scheme- maybe even one built to scam uninformed home buyers. This is not true- or everyone would be doing it. Fixin’ and flippin’ takes lots of work, not to mention the large risks that go along with it.
A simple google search will turn up with thousands and thousands of fix and flip guides across the internet- some good, some bad. We browsed quite a few of the top search results- they were mostly the same, despite a few details here and there.
Instead of just adding another guide to the sea of search results, here are a few important tips every investor should know that we did NOT find when looking around the internet.
If you are considering the fix and flip industry, here are a few other articles worth checking out:
– The Difference Between Remodeling, Renovating, and Restoring
– Why Not to Overbuild Your Home
– Home Repairs You Should Not Wait to Do
Jonathan Montgomery Founder and President of the The Real Estate Appraisal Group.He has been a real estate professional since 1998. He’s been a broker, and investor and now serves as an appraiser. He currently works as an appraiser, doing real estate appraisals in Washington D.C., Southern Maryland, and Northern Virginia.
#treagroup #realestate
Great info Jonathan. Thank you for your insight and I will pass this onto my client.