Interested in learning how to find a house to flip? Buying fixer uppers is not a simple feat. It takes an eye for detail, quite a bit of muscle, and knowledge of the tricks of the trade for a successful flip. But Moose Crossing Self Storage has a few beginner’s tips to get you started and help you find houses in Blakeslee, PA, and beyond that you can fix up and flip for a profit. Start your search today!
What are some ways to tell if a home is a flip or flop? Real estate markets can be unpredictable, but there are key factors to look for that make the house appealing to a buyer before you even start renovations. Think about cost of living in the area, first of all. What do property taxes look like? Consider also the proximity to public transportation, school districts’ reputability, and neighborhood crime rates.
One of the biggest driving forces, as we are sure you can guess, will be your budget. A big mistake new house flippers make is not sticking to the budget you set before adding in renovation expenses. NewSilver has resources to help you research housing markets across the country.
You can discover your fixer upper using online search tools, like Zillow. The online resource is easy to use and includes helpful tools like its Foreclosure Center and Home Sellers Guide. In addition to searching Internet listings, you can search local auctions for foreclosures. Just double-check you are able to make a payment on it—some auction houses may require you pay with cash! Lastly, there are real estate agents you can connect with that specialize in flipping houses. If you have questions during the buying process, reach out to professionals throughout to ensure the best possible result for your flip.
One way to stay on track with your budget is identifying the issues in a house on which are you are not willing to spend bulky amounts of your budget. Whether this is due to the cost of materials or the amount of renovation skill required to make the fix, there will be some tasks that are too large of an undertaking for you right from the get-go. This might be:
How can we help as you find a house to flip? When you begin the fixing-up part of your project, Moose Crossing Self Storage is close by to provide additional storage space. We offer a wide selection of indoor and outdoor storage units at our storage facility in Blakeslee, PA. Call, email, or stop into our office to talk with our storage professionals about how our self storage solutions can help you. Check out our contactless storage rentals to find your storage unit quick and easy online!
About the Author: Paige is a Social Media Coordinator at Storage Asset Management in York, PA. She brings the most useful storage tips and tricks to your social media feed and loves a good self-storage pun. Beyond work, Paige spends her free time traveling extensively, her most recent trip being the Andes Mountain region of Bolivia.