02/23/2024
Check out this flip!
What is Rehab and Resale? This is what I do, and is probably what is most commonly thought about when someone hears the term “house flipping.” The investor will buy a property — generally at a large discount — bring in contractors to fix-up the property, and then resell the property, either to home buyer who plans to live in it or another investor who plans to rent it out.
To be successful in the house flipping business, you must be have a number of skills (or a backup team of folks to help you):
YOU HAVE TO BE ABLE TO FIND GREAT DEALS. This may involve ME, or may just involve spending lots of time talking to potential home sellers and negotiating deals yourself.
You have to be able to get houses renovated quickly and inexpensively. This often involves having a set of contractors who will renovate your properties skillfully and at a reasonable price;
You must be able to sell your properties, either to homeowners or other investors. Again, this may involve a real estate agent or may just involve selling the properties yourself
You must have the business and management sense to keep projects on schedule and on-budget, and to make the proper renovation design decisions.
This 1462 square feet Single Family home has 4 bedrooms and 2 bathrooms. It is located at 1711 Sundale Dr, Lawrenceville, GA.