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Posts Categorized: Find It, Fix It, Flip It

House Flipping – What To Look For

Find It, Fix It, Flip It

Suzanne Fuqua eXp   Fixing and flipping homes seems like a simple way to make a large profit. However, it isn’t as easy as it looks, and it can still be a gamble to earn those high profits. The key is having great partnerships with contractors and suppliers that you trust and do great work… Read more

What is Knowledge?

Find It, Fix It, Flip It, Legal

David Allen Partner, Jaburg|Wilk Attorneys at Law   If you ask somebody whether they “know” something, they will readily tell you either “yes” or “no.” There is no doubt while watching Jeopardy – either you know or you do not know the answer (or actually, the question). A person is said to have actual “knowledge”… Read more

Protecting Your Flipping Fortune

Find It, Fix It, Flip It, Legal

Kristin E. Rosan Partner, Madison & Rosan, LLP Attorneys at Law   Once you’ve made your fortune flipping, make sure you keep it. One of the greatest areas of liability for flippers are undisclosed defects with a property you’ve repaired and flipped. Although disclosure requirements vary from state to state, laws routinely protect buyers that… Read more

Appraisers can be Your Flipping Advisor

Appraisal, Find It, Fix It, Flip It

Beth Sigg Northwest Real Estate Services   With the advent of HGTV and a plethora of “Fix It and Flip It” shows, there are misconceptions galore regarding how to flip properties, and what it entails. These shows feature a complete remodeling in a week or two, including the inevitable drama of an unexpected foundation problem… Read more

7 Property Flipping Secrets to Success

Find It, Fix It, Flip It

Sarah Kirsch Richardson Tru Realty   Many first-time property flippers have big dreams based in well-produced television shows that highlight the glitz and glamor of this growing DIY industry. It seems simple enough. Buy low, renovate and repair, sell high. But too often, newbies “get into the biz’ without sufficient knowledge of what to expect… Read more

A “Fix-and-Flip” Inspection Is Important

Find It, Fix It, Flip It

Paul Furman President and Owner, President and Owner, AJF Engineering & Inspections Many “fix-and-flip” investors take pride in remodeling projects by using quality materials and licensed contractors, and by making upgrades to old, antiquated systems. Other investors “put lipstick on a pig” by using unlicensed contractors and cutting corners to maximize profits. Unfortunately, the “shortcut”… Read more

Contractors You Need to Fix and Flip a House

Find It, Fix It, Flip It

Nate Hoelzen President, Arizona School of Real Estate & Businsess   House flipping in the United States is becoming popular again, but one key to succeeding in this endeavor is having the right contractors on hand so the work goes smoothly. While you may be tempted to go the DIY route, your time is typically… Read more

Fix & Flip: 3 Things to Get You Started

Find It, Fix It, Flip It

Adapted from Arizona Journal of Real Estate & Business, December 2013 issue

How to Legally Flip a House for Profit

Find It, Fix It, Flip It

Kristin E. Rosan Partner, Madison & Rosan, LLP Attorneys at Law   We’ve all watched the home shows where spouses buy run down homes, fix them up, and then flip them to end buyers for a profit. The shows make it look so easy. What you don’t see on TV is all of the behind-the-scenes… Read more

Flipping the Numbers

Find It, Fix It, Flip It

Michael Bennett CEO/Owner, B.E. Lending   Flipping houses looks like so much fun on HGTV, and it seems so attainable…until you start to think about financing. Sure, flipping is a lucrative business, but it also comes with great risk. Although it may take some creative number crunching (unless you have a giant pile of cash… Read more

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