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(509) 468-5288
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Fixers or “flips” are a unique part of the real estate industry. These are houses that for one reason or another have come into various states of disrepair. The idea of a “flip” is to buy them quickly, fix them inexpensively ( notice I did not say cheaply) , and sell them quickly.
There is a wide range of conditions for these properties. On one end of the spectrum you could simply need to clean up and paint the property. On the other end of the spectrum you could have severe mechanical and foundation issues that need to be resolved. There are 5 steps to a successful flip:
1. BUY IT RIGHT 2. FIX IT RIGHT 3. TIME IS OF THE ESSENCE 4. SELL IT QUICKLY 5. REINVEST FOR THE FUTURE
If you would like more information about flipping properties, examples of successes, and advice please give us a call! We would be happy to help you achieve your real estate dreams and goals!
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Wise Investment Real Estate 405 W. Greta Ave. Spokane WA 99208 (509) 468-5288 Info@wiseinvestmentrealestate.com
Phone: (509) 468-5288 Fax: (866) 576-0621
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