Weichert, Realtors - Palmetto Coast
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Flipping houses in Charleston

Posted By: Annalisa Jordan In: Posts for Investors
Date: Sat, Mar 29th 2014 5:43 pm

As I sit and watch all of the real estate shows on television I am always sucked in by the ones that flip houses. They flip homes all over the country and, though there are always a few mishaps, they make it look so easy. Anyone can flip a house, right? Well, there are certain things you need in order to be successful at flipping houses and you really need to do your homework.

Here are 5 MUST HAVES if you want to be a successful "flipper."

  • A group of experts.

What sort of experts might you need?Real estate experts are a must have. They hold the market information that you need and can tell you whether a home would be a wise investment and what you would need to do in order for it to sell quickly for top dollar. Other professionals you should have in your corner include an accountant, attorney, home inspector, contractors and tradesman,and a good insurance agent.

  • A trusted handyman or a strong knack for general home improvement
  • Good knowledge of the area
  • You must be a good "estimator"
  • A HUGE amount of patience

Interested in purchase an investment property in Charleston, Mount Pleasant or surrounding areas? Contact Us to help you find the perfect property.