How to Find Houses to Flip
Are you having trouble starting your house-flipping journey? Stortropolis will guide you through the process of finding affordable houses to flip. With a bit of research, budgeting, and renovations, you will be able to complete your first house flip.
How to Find Houses to Fix Up & Flip
Research the Area Well
One of the first steps in the process is to conduct research on the area of the home(s) you are interested in. Create a budget and criteria of factors that you are looking for in a home. Economic opportunities, geographic location, weather, and transportation are a few things to consider during your research. If you are interested in houses in different states, use New Silver Lending’s state-by-state guide to house flipping to learn more about what each state has to offer.
Search Online, But Also Make In-Person Real Estate Connections
There are many great online tools that can be used to search for houses, however, we recommend Zillow due to its reliability and easy-to-use interface. With Zillow, you will be able to find all of the specs and features of the houses that you are interested in. Their filtering tools make it simple to narrow down your search based on location, budget, amenities, and more. If you are unable to visit the house in person, Zillow’s virtual tour feature can give you a great visual idea of what the home looks like. We still highly recommend visiting the house however this feature is very useful which makes viewing houses more accessible. Zillow has additional information that can be beneficial for buyers during the house flipping process. Check out their Foreclosure Center and Home Sellers Guide to learn more. Lastly, we suggest contacting a real estate agent near you to gain more information on the houses you are interested in. if you are unfamiliar with how to find local real estate agents, use Realtor to search for ones near you.
Identify Red Flags During Your Search
Finding the perfect house isn’t always easy however there are a few red flags that we highly recommend staying clear of during your search. Some houses may have minor issues that can be repaired and attended to by yourself or professionals while others may be beyond your expertise and very expensive to deal with. You can set aside a budget for repairs but there are some issues that you do not want to encounter. Listed below are the red flags that you should identify and stay away from when purchasing a house:
- Too Small of Kitchen/Bathroom Space
- Plumbing Issues
- Electrical Complications
- Water Damage
- Cracks in Foundation
- Pest Infestations
- And More
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Rent With Stortropolis Self Storage in Missouri and Kansas
After purchasing the house and beginning the renovation process, you will need space to store all of your supplies. Store your supplies and belongings with Stortropolis Self Storage. We have facilities located in Shawnee KS, Kansas City MO, Blue Springs MO, and Lenexa KS. Stortropolis offers great rentals for your commercial and residential storage needs. Our facilities include temperature-controlled units, drive-up self-storage, and covered/uncovered loading areas. We strive to make the rental process as seamless as possible by providing contact-free storage rentals. Our storage calculator can assist you with finding the perfect storage unit for your belongings. Our facilities offer boxes, packing tape, furniture covers, and more to ensure that your items are packed properly while in storage. Rent with Stortropolis Self Storage today!
Paige Weary
About the Author: Paige is a Social Media Coordinator at Storage Asset Management in York, PA. She brings the most useful storage tips and tricks to your social media feed and loves a good self-storage pun. Beyond work, Paige spends her free time traveling extensively, her most recent trip being the Andes Mountain region of Bolivia.
