Читать книгу Flipping Houses For Dummies - Ralph R. Roberts - Страница 38

You can learn a lot from used car dealers. The first thing they do when they take possession of a vehicle is clean and polish it and vacuum and deodorize the interior. Looking and smelling its best, that used car can sell for a handsome profit.

Even a good home, if not clean and well maintained, can look disheveled and smell stale. Many homeowners place their homes on the market with no proper staging (showcasing). They don’t mow the lawn, trim the bushes, touch up the paint, or even tidy up the house during showings. Unknowingly, they turn away prospective buyers and lower the profit potential of their property.

This kind of home gives you a perfect opportunity to swoop in and snag a great deal. You buy the home for significantly less than market value, add elbow grease, and then resell the home for thousands of dollars more than you invested in it. In Chapter 21, I show you how to properly market and stage a home to attract top dollar.

Buying low, applying makeup, and selling quickly is an excellent strategy for the first-time flipper. By purchasing a property that’s an easy rehab job, you can focus on the process of flipping rather than on the complexities of rehabbing. After you master this strategy, you’re better prepared to move up to more distressed properties.