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Updated over 6 years ago on . Most recent reply
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If you were to fix and flip, how would you choose the area?
Hello ladies and gentlemen, I have a question which I would highly appreciate your input on.
I was just curious if you could please share your wisdom about how to find properties for fix & flip. I mean how do you determine which property would resell quicker to avoid long term risks?
Having this said, I understand there are no guarantees in life but:
- Is there any tips and tricks to make sure your investment is fruitful?
- Added, how do you assess the property as far as how much you might need to invest to renovate/fix?
In advance, I greatly appreciate your input, time, and effort for replying to this post.
-Best
Ramin Kamal
Most Popular Reply
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@Ramin R kamal
Buy an undervalued property.
Look at comparables and recent sales to get an idea of how much a home will go for in that area.