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    Real Estate investing and flipping homes – what leads to success?

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    How do you learn?  By Classroom courses or by independent research – then by direct application, then repeat.  The same holds true with wanting to learn the in’s and out’s of Real Estate investing.  We have one on one classes where we present some of the BEST real estate strategies for our investors in the Santa Clarita real estate community.  One of the things I stress is to listen to more educational sources.

    Have you ever heard of the Real Estate Guys Podcast. The Real Estate guys podcast is also on iTunes – that is where I get the most recent shows downloaded into my iPhone.  They are wonderful, experienced and know their stuff!  That’s one of my favorites and I make sure my clients, when talking about investing, go back and listen to several shows – including the most recent real estate investing podcasts.

    When it comes to flipping homes what leads to success? Many people have a desire to buy and sell homes, otherwise known as flipping, and while some do so with great success, other fail miserably. While some may “have it” and others simply don’t, there are some basic considerations when it comes to making it work.

    The first thing to consider when buying a home to flip is the cost of the home you are buying. If it is a “steal” then you are off to a good start. If you begin the entire process of flipping with a home that is worth more than you are paying for it then you immediately have less to lose.

    The second thing to think about is the condition of the home. Is the home in good condition, simply outdated, or is it something that needs to be torn down and rebuilt? The less work the more money to be made. If a home needs a fresh coat of paint and a carpet replacement the easier your flip will be.

    Flipping certainly got a bad rap during the recent collapse of the housing market, however an investor who buys in today’s market can be assured that he is not buying at the top of the market. If a good deal can be had today then down the road there will be money to be made.

    Please let us know if we can help you with your Santa Clarita real estate investing plan.  Be Safe and make sure you are working with a professional in real estate!  We are with REMAX of Santa Clarita and known as the Paris911 Team of Realtor Associates.

    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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