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Updated over 8 years ago,

User Stats

72
Posts
22
Votes
Scott Winnie
  • Real Estate Broker
  • Sierra Madre, CA
22
Votes |
72
Posts

criteria for flipping houses

Scott Winnie
  • Real Estate Broker
  • Sierra Madre, CA
Posted

I am a real estate agent in Pasadena, CA and I really love real estate investing but I am fairly new at evaluating it, and in the last week I have communicated with some flippers who were interested in a property that my partner and I had off market.  As an agent who usually lists on the open market, I feel like I am a rookie when it comes to chatting with flippers about a property and the criteria each one is looking for.  I feel like it would be helpful if there was a checklist or a sheet that I could just fill out on each property and present it to the interested flipper. i.e. comps, what needs repair, who is looking in that certain market, etc.  Is there a form that exists for all these questions flippers have, that would make it easier and I would not waste their time. Thank you for any insight.