You can find many videos on YouTube and TV shows about House Flipping and fixing houses, but do they tell you the whole truth or are they making it sweeter than it really is just to draw more ratings and viewers???
Many of our viewers and clients asked to see our successful flips and to get helpful tips on how to flip houses like professionals and make money.
This next flip was done in Las Vegas NV but the tips in the video will help you to have a better understanding about the process.
00:00:49 How to turn an outdated house into a modern, highly desirable house (before and after house renovation)
00:01:31 Recap the steps of flipping houses: price, location, renovation cost, design vision for the house and much more.
00:02:46 Compare things that can be changed Vs. things that can not be changed in the house.
00:03:08 One of the most important things is to choose a house at the right location. The location can affect on the turnover time, expanses, squatters, HOA expenses, insurance and much more (we will do a separate video and share it on our YouTube channel about how to price a property for a flip… stay tuned).
00:04:32 House structure
00:04:57 Condition of the house – getting an estimate on the renovation and repairs need to be done on the house.
00:05:35 Showcase of one of our Las Vegas House Flips with important tips on how to flip like a professional and make good profit.
00:06:27 While you are looking at the house you already need to have a design for the house – keep it clean, neutral , beautiful kitchen, modern design and always have the buyer in mind.
00:09:01 How to make money from flipping houses – today’s buyers are smart and will notice if you will do a cheap and not professional flip. Most buyers appreciate good quality flip and are willing to pay accordingly.
00:10:19 Be very careful with people claiming it’s super easy to do flips and you don’t need money… It is easy, IF YOU KNOW WHAT YOU ARE DOING and you DO NEED Money!
Learn the steps, use professionals and try to expect the unexpected.
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Real Estate – Market Update | Las Vegas (April 2020)
Check out this video that was released at the beginning of April 2020 Interest rates, Forbearance and other changes in the mortgage industry due to COVID-19 (2020) https://www.youtube.com/watch?v=nRcRP…