Wanted get information on flipping houses in houston

Status: Open
Jun 07, 2017 Views3,109 Answer a Question

I'm interested in getting into the career of flipping houses I have the labor down but I need get information about flipping houses before I start

About 6 years ago
You need to advertise spending dollars on marketing or sweat toil. One of the seminar I attended recently suggested a minimum of $3k in marketing or 60 hours of sweat equity. You need to promote yourself and tell people that you want to buy their houses. Build a network with other investors and join clubs. One one side you need to build a database of people who wants to sell their house but have not made up their mind and on the other side build buyers list who will immediately grab yours as is or after rehabbed.

Good luck!

Chris
Coldwell Bankers
www.ChrisRealEstatePro.com
832.859.8698
About 6 years ago
Install dealcheck application. Best educational website for investments and flipping homes that I like is www.biggerpockets.com
About 6 years ago
Estimating costs and resale value ARV (After Repaired Value) is the key. Also finding financing options which allow you to close transactions in less than 7 days will get you the best deals. Most of these resources can be found at local investor meet up groups.
About 6 years ago
Attending meet ups and joining groups, searching blogs etc give you a lot of networking, resources and insight into the flipping business. Do it on a budget and most of al the free things first. Also purchase books on the subject. Networking is key. Having a real estate agent is the best way to locate the properties. Choosing a good agent that is exp in short sales foreclosures, investors, wholesaling and flipping properties is a must. If you have any questions that I can answer feel free to reach out.
Strongtower Realty & Mgmt.... Pamela Banks... 832-423-8303. Short sales foreclosure specialist, certified negotiator, most of all a GUIDE. I will guide you in the right direction. strongtrm@yahoo.com
About 6 years ago
Hi Hugo,
We are a group of active investors in Houston, Tx. We currently working in a few "flips" - buy-fix-sell existing homes. We are also building couple new homes. To get to this point, it takes great deal of knowledge in: financing, real estate, and construction. I am assuming you have the knowledge in construction, I can show you the other steps to become a great Investor.

Al Mendoza
(713) 838-6306
info@eco1construction.com
About 7 years ago
Dear Hugo,
Flipping houses is much more involved than the television shows make you believe.

I have worked with investors for the last few years, and have much experience that I can share with you.

Call me for a no cost no obligation consultation.

Dominik Szabo MBA
Brockway Realty L.L.C.
(832) 844 1724
DominikRealtor.com
** The Doctor of Real Estate in Houston Texas **
" Professional, Courteous, and Informed "
source:
http://dominikrealtor.com
About 7 years ago
Hi Hugo,
This is a pretty broad question and I would recommend a more specific conversation. I am happy to help at any time. A realtor can specifically look for good opportunities for you to invest in. I have quite a few investment listings currently, and more coming in, as well as the ability to search for more. A few questions I would ask would be Funding; are you paying cash or do you need financing? If you need financing, do you already have that lined up or would you like some recommendations? What price range would you like to be in and what kind of return are you looking for? While you may have labor under control, are there any repairs you want to stay away from? Is there a particular area you would like to be in? A Realtor can be essential in, not only finding properties, but negotiating the prices as well as providing estimated market value after repairs.

Contact me anytime'
Ryan Kohn
281-636-8179 Call or Text
ryank@wrkrealty.com
About 7 years ago
I would suggest having a realtor look for properties in areas where no flooding has occurred, zoned to a sought after school district, and one stories with no pool.
Happy to help!
Laura LoGiudice
NextHome Realty Ctr
The Craft Team
713-320-0562
About 7 years ago
Hi Hugo,

I added below a great blog on flipping homes. I help several investors find properties to flip. 90% of the work is homework. Being able to estimate costs and resale value ARV (After Repair Value) is the key. There are many blogs and articles on the web on the best ARV percent to achieve. I suggest reading up on the business side of flipping since you have the labor side in hand. Then use HAR to look for short sales and foreclosures in areas needed more remodeled homes.

Happy to help in any way I can.

Michael Jobin
C&K Properties
713.545.2314
MJobin@Jobee.com
source:
http://www.houseflipmentor.com/house-flipping-tips-for-2017/
Disclaimer: Answers provided are just opinions and should not be accepted as advice.
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