"Flipping" good properties
A classic example of a property that was bought for the sole purpose of selling it on.
When flipping houses the most important step comes when buying the house. Unlike rentals, if you buy a property to flip you need to have all aspects in place.
Such as correct price, is there demand in the area and many more details that we take care of.
This particular property needed a wall taken out to make the kitchen usable as well as the downstairs loo made bigger.
Not only was this done but the kitchen, bathroom and floors were completely replaced and the entire house was redecorated.
This standard flip earned a healthy return of % on our investment.