Hello and welcome to THIS or THAT Thursdays with Tiya and Jamie!
We feel like everyone wants to be Chip and Joanna these days with flipping houses. It’s become quite the trend. At least for our age group LOL. Here are some quick Q&A’s about the topic!
THIS question: What is a fix and flip?
A: Fixing and flipping is when someone purchases a property, remodels it to add value and then lists it *with us* to sell.
THAT question: Is real estate still a good investment in 2021?
A: Real estate is ALWAYS a great investment. Why? It almost always appreciates over time. While there are occasional fluctuations, the rate of appreciation typically outpaces annual inflation.
THIS question: What’s the best way to find a fix and flip?
A: You’ll want to do your homework. Research the area, study sold prices, and get a feel for what buyers are looking for. Or let us do the work for you!
THAT question: What should I look for in a fix and flip house?
A: If it’s your first flip, look for a decent floor plan (nothing too off the wall), a newer build, the right location, and easy value-add potential (new flooring, paint, appliances, yard work, etc.).
THIS question: What do I do if I want to learn more?
A: Hit us up- duh! As investors ourselves, we love helping other folks become investors! You be an investor! You be an investor! Call us and we’ll make it happen!
Tiya, Jamie, Leslie, & Marshell
Unlocking DFW Realty Team
KW Central | Dallas
📲 580.917.6325 -Tiya
📲 479.414.6806 – Jamie
Follow 👉 @unlockingdfw