cash buyers only
3/2 1250 sq ft block
worth $150k, you pay $40k
(XXX) XXX-XXXX
call Brenda

Will increase your conversion exponentially. And when they call, if you’re a man, just explain that Brenda is out of the office, but you can help them.

I am also an economist and My Tip for flippers is: The crisis will be completely over in the USA around 2014. That is when you should all have houses to improve on hand and make profits of a lifetime.
If interested to invest in flipping here or request imported construction material etc. or related information, I can be of help as well. ( Marble, ceramic tiles we are leading supplier )

Doing the work your self is great, however in most states you must sign a waiver to not sell your home within 1 year if you pull permits your self. If you have a flip that doesn’t require any permits by all mean disregard this post. But if you need to have permits pulled hire a contractor. If you think you can get away with flipping and not pulling permits, well sooner or later you will get caught and it’s going to cost even more money.

Building department officials have nothing else to do right now, but to drive around looking for job sites with no permits. I’ve been flipping houses for a long time and never had as much trouble as I have had in the past 12 months.

My advice is stick to everything that doesn’t rquire permits. painting, flooring, cleaning, landscaping, and shopping. After all there is usually plenty of work to be done and you can’t do it all your self if you want the job to be completed quickly. The faster you can get a flip back on the market, the sooner it will sell.

1. “I’m calling about the house you have for rent would you be interested in selling the
home”

(If they answer “no”, then I ask…)

2. “Do you own any other homes you’d be interested in
selling?”

(If this answer is “no” to this question, I then ask…)

3. “Do you know anyone else who has homes that they may be interested in selling?”

(If this question is also answered “no”, then ask…)

4. “Are you looking to build your portfolio? From time to time, I come across houses in this neighborhood. Would you like me to contact you when I know of a house that becomes available for sale in the area?”

The first 3 questions get you seller leads, and the fourth question allows you to add qualified names to a buyers list(landlord buyers). If any of the first 3 questions are answered “yes”, treat it like any other seller lead.

You may also try this method while replying to Craigslist and other classifieds ads.

Good Luck
True Home Buyer

When you see a home that has water in the basement, don’t get to upset. Most people, even investors run from these homes, but if it is a home that has the electricity off, it’s likely that there would not be water in the basement if the sump pump could turn on. Look for signs of previous water damage. If you don’t see any damage, it’s likely that as soon as you turn the electricity on that your basement will soon be dry.

Blessings,

Steve

Do a nice job, price your home at the bottom of the comparable homes, stage your home so it presents nicely and list it on a Monday or Tuesday.

Do not allow showing on your house until Friday. If you have your home priced right, you will get a lot of competition for your home come Friday. The problem in this market is not enough buyers. With a home priced right and not allowing anyone to see your home until Friday or Saturday, you may have numerous people seeing your home at one time. This creates the competition and frenzy we need, to get bids and often times bids above your low list price.

The last three times we did this, we got $10k over list on all three, and had contracts within one day of showing.

Blessings,

Steve

Also consider shingle over shingle. You may save 50% not having to remove the old roof. Decking repairs can be made and filled with a quick layer of shingles prior to shingling the whole roof.

Some counties allow up to 3 layers of shingles. Check with your local building regulations.