The lower priced properties didn't really seem to benefit too much from the staging and once you get into the upper price ranges it seemed like them being staged was almost a formality.

There are a few things to know about 203k loans: There are "scope-of-work" plans that will be needed, and there is a HUD consultant (an FHA designated overseer of the project) that has to sign off on each stage of the project before draws can be issued to the contractors.

Your agent will be paid by the seller/seller's agent, your lender will be paid out of closing costs (you can get the seller to pay those as well), you won't need property management at this stage, but you will need to pay for inspections once you are under contract.3.

This is a family neighborhood and has great schools.Option 1: If I sold, after fixes to house, Buyer commissions (would list myself), staging, closing cost, remaining mortage, I would net about 80k (pre tax).

Electric and plumbing also need to be done at this stage as all of it will be inside the walls.

@Sakib J.You bet, I’ll keep you posted - in the early stages now.

My husband and I are analyzing and almost getting to the pre-approval stage.

I’m on my fifth year as an elementary teacher, but only became a realtor in December of 2019.

Hey BP,Curious to hear your flip staging tips!

but your place need to operate first and you need to show them that your place is making money.Third, you need to decorate your place with a style like you would normally stage a home before selling.