Do You Want To Sell Your Flip Faster? Work On Curb Appeal | Real Estate Elevated Reviews

No two ways about it: You want to flip your home as quickly as you can and make a profit. There is one easy way to help you complete this task: work on curb appeal. To see what other people are saying about how our events have helped improve their flipping, read our Real Estate Elevated Reviews.

There’s no exact science to flipping a home quickly and making a substantial profit around it. There are too many factors that can affect the way your home sells, but there are plenty of things that are in your control to help you sell your flip faster.

The real secrets to getting the best and quickest results on your flip aren’t complicated and in fact, flipping quickly with good results is a lot simpler than you’d expect. What’s the secret?

Try a Little Curb Appeal

Curb appeal is everything when trying to flip a home. Financially, it’s one of the least expensive ways to showcase your home in the most effective and aesthetically pleasing way. 

Think about your own home-search experience: You probably don’t even give any time or thought to homes that look unattended to on the outside. Untrimmed lawns and overgrown hedges push people away—they aren’t welcoming! And generally, the outside indicates the condition inside a home. 

Marketing your home includes giving it the proper attention on the outside just as much as the inside. Present your home the right way and give it some stellar curb appeal. 

Keep Up the Lawn and Shrubbery

You aren’t trying to sell a home that would fit in with Halloween. Houses that look like they’re abandoned aren’t going to turn a profit. Just because the inside is up-to-date and clean doesn’t mean people know that just from looking at it.

Make your flip look like someone has been taking care of it. Even if you’re the first owner in decades, take the time and money to get the lawn in order. Mow the grass and trim the hedges. Take care of any fallen trees or potential fallen trees that look like they could damage the home, the fence, or other property. Cut down dead trees as well.

Most external things you can do yourself. Put in that sweat equity and get your landscape looking like the king of the block. 

More Than Just Landscaping

Once you’re done with cleaning up the lawn and fixing the landscaping, it’s time to assess what else the outside of the home needs. You aren’t quite ready to put up a “For Sale” sign but you’re getting there.

Examining the physical exterior of the house is also essential to helping your house achieve better curb appeal. Consider things like the roofing. More often than not, old homeowners won’t replace the roof, which can cause long-term damage if not fixed. Is there mold or debris that needs cleaning? Never trust that previous owners cleaned and maintained the way you would. That’s a recipe for disaster.

You should also consider updating the paint on the outside, especially if it’s cracking. And with the new paint job, plan to hang attractive curtains, easily seen from the street. Putting these improvements into your rehab budget can help you flip your home quicker when the time comes. 

All this maintenance can also be done BEFORE you even start on the interior of the home. Why? Having a beautiful home on the outside will have people interested and calling about the flip. It won’t be ready, and that’s fine. Simply tell interested buyers you aren’t quite yet ready to show the home but you’ll be in touch when you are. 

Before you’re ready to show, you’ll have a list of potential buyers lined up at your (new) door.

Always Remember Curb Appeal

During the entire process of flipping your home, pay attention to the small details, especially on the outside. A small amount of planning and budgeting, in the beginning, can help you stay on task and keep a good timeline in the end. 

From roofing to painting and landscaping to a new mailbox, these are all things that enhance the curb appeal of your house. If you follow these tips, potential buyers will stop and look around, making it easier to sell your flip once you’re done. 

For more tips on flipping homes, register for one of our Real Estate Elevated events. To see how our events have benefited other investors, read Real Estate Elevated Reviews.

How to Invest in Real Estate When Your Credit Isn’t Stellar | Real Estate Elevated

Just because you have bad credit doesn’t mean you can’t invest in real estate. There are plenty of ways to secure a property and start turning a profit on flipping homes.

Whether you want to purchase your own home or invest in real estate as a main source of income, having bad credits hurts.

Since the 2008 recession, across the United States, people have fought to keep their jobs, keep their homes, and keep their credit up. If you don’t have stellar credit, it can be difficult to get a loan and invest in real estate. 

If you don’t have the capital for a large down payment on real estate, getting a loan is the next answer. But if you know you have credit issues, you may have already written off the idea of ever owning real estate. It can take up to seven years to start seeing real improvements on your credit score.

But don’t lose hope just yet.

There are people out there ready to help teach you how to invest in real estate property, even with bad credit. You’d be surprised what you can purchase these days. There are ways to get funds so you can invest in real estate and start flipping homes.

Personally Speak With Investors You Know

If there’s a piece of incredible property you have information on and you need money to make it happen, start talking with investors.

It’s part of your due diligence to put together a proposal for the property. This will take into consideration the market value of comps in the area, what kind of capital you will need for rehab and closing costs, and the after-repair value, or ARV. This will show investors you’re serious about making a deal and making a profit on the property. 

Even if it’s your first property, as you do your due diligence, there’s a chance you’ll find an investor ready to help.

Personally Partner With Another Investor

If you’re a real estate novice and don’t fully understand the process of getting funding, you might consider talking with someone who has more experience.

This process could start with attending Real Estate Elevated seminars in your area. It’s here you’ll get to know other people who have already flipped homes before. Build a relationship with them. Once you do, you can talk about partnering up. You’ll put in the sweat equity if they can take care of the majority of the funding. 

You might also consider talking with investors who are in your family, your circle of friends, or people you know professionally. Approaching more experienced house flippers you know is a great opportunity to not just work with someone you already know, but to work with someone who has experience in the field. If the potential is there for both of you to make money, they will see the property as a no-brainer. 

Look Into Hard Money Loans

Having a hard time finding investors? There are still ways to get money for your property, like hard money loans.

These aren’t like regular mortgage loans. Hard money loans look at the value of the property and its potential, not your credit score. The more success you see in flipping deals and building a stronger reputation in the industry, the easier time you’ll have convincing investors to trust you with their money.

As you gain experience, you’ll also have an easier time working with other flippers on large rehab projects as well as securing lower interest rates on your hard money and private loans.

If you’re serious about purchasing and flipping real estate but are stressed about credit, stop worrying and start taking action. Real Estate Elevated seminars are a great place to get started, especially if you want to gain insight from industry experts. The key to success is getting started, searching out investors, and putting in some sweat equity. 

Sure, you may have to take a higher interest rate and a smaller rate of return early on in the game. But as you progress in the business, successfully flip more homes, and study the industry, your profits may increase and people will trust you more. Hard work equals experience and experience brings in capital -- and future investors.