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    Flipping Santa Clarita homes, condo’s and towh-homes, Certainly A Tempting Proposition

    Flipping homesFlipping homes is certainly a tempting proposition. With rates hitting historic lows once again and home prices hovering at bottom many real estate investors can’t help thinking the time is ripe for buying up homes. Buying distressed properties at bargain prices, making improvements to the properties and selling them for a profit seems like a great way to make a profit. The question is: are you ready to flip?

    The one major drawback of fixing and flipping is that there are no guarantees. You may buy a home, fix it up, and be unable to sell it in the time frame you desire. You will have far less headaches and stress if you acknowledge the fact that you have no idea how quickly you can sell your “flipper” up front. Patience and the ability to sit on your investment are key.

    Another important aspect of flipping involves the improvements you are going to make to the property. Certainly updates are good but be aware of the return for your investment. Do not go overboard or too fancy unless the neighborhood and nearby homes warrant such improvements. It certainly is a good time to flip homes considering the cardinal rule of investing is “buy low and sell high”. The longer you can hold on to a home you buy today the better your profit will be in the long run.

    Paris and Connor MacIvor

    Connor and Paris MacIvor are in the Top 1% of Realtors Nationwide, starting their real estate business in 1998 with RE/MAX Gateway - Santa Clarita Valley and Valencia CA. Their becoming licensed real estate consultants and representatives came from the horrible experience they had when they bought their first home. There were many things that the agent they had hired did not explain and disclose, which per law he should have. Getting that agent on the phone after they closed escrow and after he had gotten paid was impossible. Paris and Connor called the broker, the board of realtors, the office manager and all they received was the promise of a phone call back. The remedy did come, but not as fast and in the way they wanted. That act - that bad agent was the reason why Paris and Connor became Realtors. That was all they needed to vow to never let the same fate befall anyone else, that befell them. Today Connor and Paris are focused on client service. Protection and top-shelf service with regard to their real estate clientele. They primarily work within the Santa Clarita Valley and Valencia CA. However, for a referral, where 80+ of their business is referrals they have License and Will Travel to other parts of Ventura County, Los Angeles County, and Orange County to handle real estate transactions for those who trust their real estate operation. Writing on their Real Estate Blog is a passion. SCVnest.com/blog is where you will find over 10,000 real estate articles. Go to SCVnest.com/radio to listen to their latest real estate radio broadcast.
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