How do you find the best houses for Rehab/Flip? - Posted by Brian

Posted by RonD(KS) on December 09, 1999 at 20:40:46:

I agree with Troy. You make your money when you buy. However you REALIZE your money (profit) when you sell or rent. Buying right is the key. Always.

How do you find the best houses for Rehab/Flip? - Posted by Brian

Posted by Brian on December 08, 1999 at 16:19:59:

Just wondering how those of you with experience usually find the most profitabe deals for rehabbing and flipping. Is it through realtors, looking for abandoned properties, out of state owners, REOs or other sources?

Any comments or suggestions would be great to help me out of a slump right now.

Thanks,

Brian

D. All of the Above - Posted by Troy M

Posted by Troy M on December 09, 1999 at 08:27:08:

And don’t forget Foreclosure Sales and advertising. I never know where the ‘best’ deals may come from. It takes work, alot of it. Ever heard the expression here “You make your money when you buy”? Well, to make that ‘buy’,I put in alot of hours/days searching with zero payback. But, if you stick with it, maybe, just maybe, you’ll find what you’re looking for.

You may want to read up on some of the articles here re: Finding Motivated Sellers.

Regards,

Troy M