When it comes to investing in Austin real estate, sometimes my husband and I decide to hold properties, and sometimes we opt to flip them. Right now we are in the process of updating a Central Austin condominium for resale, so we thought we’d share some of the top things we look for when choosing a house to flip. This video covers the basics, but I’d be happy to dive deeper into the subject with you. You can also find other tips for Austin real estate on our real estate site.
The main factors we consider are:
- Is the home in an appreciating neighborhood?
- Is the home an undervalued or overlooked property?
- Can we add genuine value to make the property attractive to future homebuyers?
- Will we get a return on our investment after we remodel the home?
If you’re thinking of doing a flip, give us a call. We’d love to meet with you over coffee and share our insights.
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