How to Find a Fix-and-Flip Investment Property Using Court Records

Are you a fix-and-flip investor who is finding that MLS-listed investment properties in your market are selling at a price point too high for you to make adequate profit? If the answer is yes, you may want to consider researching local public records to find viable leads to off-market fix-and-flip property deals. Your local newspapers …

Finding Fix-and-Flip Deals: Does Driving for Dollars Make Sense?

Driving for fix-and-flip dollars is exactly what it sounds like—driving through targeted neighborhoods looking for a property that could be a lucrative fix-and-flip project.  To drive for dollars, the fix-and-flip investor (or their hired scout) visits a specific area of town, driving up one street and down the next, looking for a property that appears …

Fix-and-Flip Property Improvements: What Insurance Should I Have Before Work Begins?

If you’ve purchased a fix-and-flip property and are preparing to start renovations, it’s important to know what type of insurance is needed at different stages of your project. While you may be under the impression you can just add your fix-and-flip property to your personal homeowner’s policy, it may not be as simple as that. …

Fixing-and-Flipping with the 70 Percent Rule

Whether you’ve been in the real estate investment world for a while, or are new to the ins and outs of fix-and-flips, there’s a popular term you’ll likely encounter — the “70 Percent Rule”. Simply put, the 70 Percent Rule is a way to help house flippers determine the exact price to pay for a …

Setting Up an LLC for my Fix-and-Flip Business: What Should I Know?

If you are considering setting up an LLC to operate your fix-and-flip business, know the answers to these 7 questions before you get started: What is an LLC? LLC stands for “limited liability company” and it is a legal entity that can be used to run a business or hold valuable assets such as real …

How Much Should I Spend on Landscaping My Fix-and-Flip Investment Property?

When you are deciding how much to spend on landscaping for your fix-and-flip investment property, keep in mind that a negative first impression can keep your renovated property from attracting buyers. Potential buyers need to be able to imagine themselves coming home every day to your flipped house, so it’s critical that your property has …

The Fix-and-Flip Property I’m Buying is Occupied: What Are My Options?

If you are purchasing an occupied fix-and-flip property, it is critical that you know the legal occupancy status of the tenants, and plan a fair and timely exit strategy for them. Occupancy issues can drag on for months, and legal and holding costs can eat away at your house flip profits while you wait to …

Fix-and-Flip Investor Networking: 5 Reasons You Should Join an Investors Group

If you are a regular watcher of the many house flipping TV shows that have become popular over the years, you’ve witnessed countless episodes where a successful fix-and-flip investor finds a distressed property at a great price, renovates the property within a few weeks, then hosts one super successful open house and sells their gorgeously …

Maximize Your Fix-and-Flip Property’s ROI with These Top 5 Upgrades

If you have the great fortune to purchase a fix-and-flip property at a good price, with a generous margin between what you pay for the property and what the property can sell for after renovations, nothing else can derail the success of your house flip like making the wrong decisions about upgrades. Before you buy …

How to Properly Vet Contractors for a House Flip

It’s no surprise house flipping is an expensive and time-consuming project. One of the most important steps in the process is choosing the right contractor for the gig. They’ll oversee much of the work and make sure it’s all done to code, which can truly make or break your project. So, of course, you want …