Tips to Find Affordable Houses to Flip

Do you need help finding homes to flip? Check out SafeNest Storage’s guide on finding affordable houses to flip. 

How to Find Houses to Flip

How to Find Houses to Fix Up & Flip 

Research the Area Well

The first step is to research the area well. You need to find a neighborhood that has potential for appreciation. Look at recent sales data and trends to get an idea of which areas are on the rise. If you have a specific budget, keep that in consideration during your research. Geographic location, transportation, and safety should also be considered when searching for homes. New Silver Lending’s state-by-state guide to house flipping is a great resource that can help you find homes to flip by state. The housing market can be slightly different in certain states so it is important to narrow down the homes you are interested in.

Search Online, But Also Make In-Person Real Estate Connections

Begin to search online for homes that fit your criteria. We recommend using Zillow, an online marketplace to find properties. The interface is user-friendly, with filtering options including home features, budget, location, and more. Also, Zillow provides virtual tours for users. Once you have decided on a home, we still highly suggest visiting the property in person. If you need additional resources, Zillow’s Home Sellers Guide and Foreclosure Center have more information that can assist you with your house flipping journey. Local real estate agents can also provide their expertise in the housing market. If you do not know any local real estate agents, you can search for agents in your area using Google search.

Identify Red Flags During Your Search

When you are looking at properties, be on the lookout for any red flags that could indicate the property will be a money pit. Even if you have a flexible budget, it is still important to understand the repairs that may be needed for certain homes. If you do decide to make repairs but do not have the expertise, we highly suggest hiring a professional to assist you. Listed below are some red flags to look out for:

  • Too Small of Kitchen/Bathroom Space
  • Plumbing Issues
  • Electrical Complications
  • Water Damage
  • Cracks in Foundation
  • Pest Infestations
  • And More

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Rent With SafeNest Storage

Once you have found the perfect home to flip and begin the renovation process, rent with SafeNest Storage to store your supplies. SafeNest Storage has facilities located in North Carolina and South Carolina. Our facilities include a wide variety of storage units that can meet your residential and commercial storage needs. We offer drive-up units, climate-controlled units, and parking spaces for large vehicles such as boats and RVs. Renting storage with us couldn’t be easier as we provide a contactless online rental process. Our storage units range in size from 5×5 to 20×20. Our storage calculator can assist you with determining the best unit size for your belongings. Our sites have additional packing supplies to ensure that your items are packed safely while in storage.  Visit our site today and rent with SafeNest Storage!

Katie Mest

Katie Mest

About the Author: Katie Mest is an SEO Specialist at Storage Asset Management in York, PA. She specializes in writing about the self storage industry, including storage tips and helpful resources. Outside of work, Katie enjoys camping, hiking, and exploring the outdoors with her newly adopted Greyhound rescue, Titan.