How to Flip Your First Orange County House in 2021

Ready to jump on board and flip your first house in Orange County? Flipping, buying older or bargain properties, and then selling them for a profit, is an attractive method of entry into real estate investment. Read on to discover how to flip your first Orange County house in 2021

Plan

Investing in real estate is a business, so before you ever flip your first Orange County house, if you are a serious investor you should work with an expert to design a business plan. There are many pitfalls involved in buying fixer upper properties, so it is important to plan ahead in order to avoid financial disaster. You should include both the purchase strategy for your starter property as well as the exit strategy before beginning your search for a house.

Price

It is important to buy the property at the right price point in order to profit when you flip your first Orange County house. Because this is a large investment, it is important that you select the right property that you can afford to comfortably hold and manage through the flipping process. This is no easy task, you need to understand the importance of the location of the property, the long term plans for the surrounding area and any effect this could have on the appeal for tenants. 

Teamwork

Anyone with experience in real estate investing will tell you that you need to build a team in order to flip your first Orange County house to avoid learning painfully expensive lessons. While it takes time and careful scheduling, you should be attending meetings and even conventions filled with like-minded investors. Additionally, having a network of professionals in every associated industry can be invaluable. You will want to include an inspector and an appraiser that you can rely on for a quick turnaround. Now more than ever, the early bird truly gets the worm in today’s real estate market. You will know you can trust any estimates of expenses or the time involved to be ready to sell the property.

Improve

It’s extremely important to understand just what to look for when you are searching for investment properties. You want to find properties with minimum repairs or updates required to turn them from mediocre eyesores into curbside beauties. You want to go for listings that require cosmetic adjustments rather than huge renovations or major repairs, keeping everything as simple as possible in order to flip your first Orange County house. While these diamonds in the rough are not easy to find, they are well worth the time it takes to search them out among.

Pay Cash

In order to make the most profit from your real estate investment business model, you will want to concentrate on purchasing properties with as much cash as possible when you are ready to flip your first Orange County house. You want to at least put down enough that you will be able to avoid private mortgage insurance, (PMI). Naturally, the more you invest initially, the less you will be paying in interest as well, meaning additional savings. Make certain to have enough reserves to cover unexpected emergency repairs or other surprises that can arise in the process of flipping older properties.

Why not get started now? At H&M Realty Group our insider knowledge and vast network of connections make it easy! The professional buyers at H&M Realty Group can help you with a successful plan to flip your first Orange County house. Let the team at H&M Realty Group help you every step of the way. At H&M Realty Group, we make it easy by finding the best deal for you! Why not begin today by calling H&M Realty Group at 949-625-4533 or sending us a message today!

Joe

Broker/Realtor/Investor/Mentor (41 years experience) Specialties: Buyer's Agent, Listing Agent, Foreclosure, Short-Sale, Property Management, Landlord I'm a Full Time Real Estate Professional, house flipper and mentor to many of my clients. I am here to help you get top dollar for your home or get you the best price for a home that you are going to live in. I have over 40 years of real estate experience for you to draw on and actively list and sell over 20 homes a year. I have sold over 600+ homes in the last ten years alone. I am a very skillful negotiator and will work diligently to help you realize the best possible price when buying or selling your home. With my Exclusive Home Acquisition & Sales System, I can find the Right Home for You! I have access to homes no other Realtor will show you. I can show you how to save an average of $10,000.00 on the purchase price. We will find a home that fits your needs, in a neighborhood that suits your style. If you are selling your home then I can bring all the professionals to you. I always include professional photos in ALL my listings. I have contractors standing by to assist with those upgrades if needed. I can also quickly get you ALL CASH offers for your home if you desire. My marketing surpasses all other agents. It begins with extensive internet advertising to hundreds of websites throughout the world. I do direct mail marketing for you home and also knock on doors in your neighborhood when I am holding an open house. I hold you home open to expose it to as many buyers as possible. My Exclusive program is designed to sell your home for Top Dollar in Any market. I am an experienced flipper here in Orange County and therefore can offer you my over 40 years of real estate experience. The information is available to you at no charge! If you like what you see, please call me and setup Your Free Consultation.

Get More Real Estate Market Info... Subscribe Below!

Learn more about us and find other resources on buying investment properties with us. Like us, follow us, connect!

Access Local CALIFORNIA Investment Property Deals...

Handyman Properties - Fixer Uppers - High Equity. *These are not on the MLS - Many are below $300k. Available properties on the next page.
  • This field is for validation purposes and should be left unchanged.