Real Estate Revolution
Victoria's Real Estate Market. Turning a One-Bedroom Into An Investment.
Not every house makes a good flip. Just because a home is selling for a rock-bottom price doesn’t mean you can put money in it and automatically make a fortune. Successful flippers are very discerning about the homes they choose to invest in. Because we get many questions about what goes into flipping houses, Calvin and Patricia filmed the process from start to finish on the last home they flipped.
Here are 4 of the most important factors when you’re evaluating a project:
Identify the right opportunity
Pinpoint the scope of the project
Set a budget specific to the home
Protect your investment
Watch Real Estate Revolution, episodes 1-4, as we go through the whole house flip in real-time as it unfolds.
Flipping houses is popular thanks to TV shows and the potential to make a good return. , While it might sound like this might be a fun venture, flipping homes in Victoria is a serious business. It might seem like fun to buy a home fix it up and resell it later at a profit, but there is a lot of thought that goes into deciding to flip a house. You should do research, consult a real estate agent or broker, and crunch those numbers.
These four Real Estate Revolution episodes will give you tips and insight into what it is like to flip a house. Understand though, that flipping a house is no easy task. It’s not as easy, straightforward, or glamorous as it does on your favourite HGTV shows and that’s why we’re here to help. With sweat, blood, and tears, we love it :) Reach out to learn more about taking on your own personal flip.