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
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
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
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.
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