house flip

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house flip
The greatest challenges come from the stumbling blocks that get in the way and it's your job to get rid of them, so here are some of the ideas most people won't tell you so that you can get the best deals and the best properties:.

1. Discover to do your Due Diligence thoroughly so that you know what the property can be worth when you have refurbished it. If you haven't got the tools to do your due diligence quickly here's a link so you can get this e-book totally free.

https://yr128.infusionsoft.com/app/page/duediligencein15minutes.

2. Seek out the ownership of the property on www.landregistry.gov to ensure you are talking with all of the owners.

3. Help the owner to get over their worries by offering to pay the legals, the extra agent's fees and the mortgage whilst you are working on the property. Write yourself a list of questions to ask them and create a pack which describes what you would like to offer them-- just talking about it doesn't offer them time to think about it fully and in their own time.

4. If you see a property that is run down and you would enjoy to have a chance to refurbish it then write to the owner at the address-- if they don't live there the letter might well get re-directed.

5. Ask the Empty Homes Officer in your council about the opportunity of being introduced to the owner-- there will be more about this in the post next month.

6. Have a quick system to establish how much work needs doing on the property-- we renovate one property a month and transform derelict properties into 6 bed HMO's-- we spend about ₤ 10k to ₤ 15k on the refurb with basic features that look terrific. Add another ₤ 5k to these figures as you will be renovating to sell.

Don't miss out on this amazing opportunity.


If you haven't got the tools to do your due diligence quickly here's a link so you can get this e-book for cost-free.

Help the owner to get over their worries by offering to pay the legals, the extra agent's fees and the mortgage whilst you are working on the property. Have a quick system to establish how much work needs doing on the property-- we renovate one property a month and transform derelict properties into 6 bed HMO's-- we spend about ₤ 10k to ₤ 15k on the refurb with basic features that look terrific.