Risk Level
High
Initial Investment
$60K
Goal Type
Short Term
Overview
You're afraid to lose money
You want to be a landlord
Market appreciation and building equity is important to you
You want to make money fast
You enjoy renovations & project management
You're not interested in holding properties long term
A general guide to
help you decide
1
Buy a Property
You look for properties that need repairs or are in bad shape. These could be foreclosures or properties that are not in good condition. The goal is to buy them for less than their worth to make more money later on when you sell.
2
Renovate
Once the property is bought, you fix it up. You make repairs, update things, and make it look better. The goal is to make the property more attractive and valuable so that buyers pay more.
3
Timeframe
You try to finish the renovations as fast as possible to save money. This is why working with reputable contractors is important.
4
Sell the Property
After renovations, you put the property up for sale at a higher price. The goal is to attract as many buyers as you can who see the value of the home and are willing to pay more for a turnkey property.
5
Calculate Profits
The profit is calculated by subtracting the initial purchase price, renovation costs, holding costs (like mortgage payments and taxes), and selling costs (like agent fees) from the final sale price.
The 5 Steps to Fix & Flip
We are dedicated to helping investors like you find the perfect fix & flip properties. With our expertise and extensive market knowledge, we can identify undervalued properties and opportunities that offer excellent potential for profit.
With a strong network and access to exclusive listings, we can ensure that you have a competitive edge in this fast-paced market. Our team will assist you throughout the process, from property analysis to negotiating the best deals.
Let us be your trusted partner in finding lucrative Fix & Flip opportunities that align with your investment goals.