Can you still make money flipping homes? Absolutely!
With home prices coming back down to normal, people are looking back into the investing plan of buying an old house that needs some TLC and turning around and selling it for a profit. If you are interested in getting into home flipping, here are some quick and easy projects you can do or have someone do for you to flip a home.
Flipping to Energy Efficient Windows and Doors
If you are purchasing an old home to flip, more than likely it does not have good looking or energy-efficient windows. By fixing this problem just through having new energy-efficient windows installed, the house will immediately look better and be more appealing to buyers because of the decreased energy costs.
Replace Exterior Doors When Flipping a Home
Just like with the windows, a home purchased for flipping probably doesn’t have the nicest exterior doors. This is also an easy fix as all you have to do is replace those old, damaged, exterior doors with ones that are brand new.
This would also be the time to have a more interesting door, like ones with glass or designs in them, put in to replace an old door that was rather boring. Regardless of what you choose though, just having a new door will make the house look better in the listings.
Flipping a Home with Screens
If you are going to go to all of the trouble of having new doors and windows installed while flipping a home, don’t forget about the window screens and screen doors. A brand new window with a damaged window screen negates almost all of the benefits of having new windows put in.
The same goes for new doors. It is better to have no screen door at all paired with a brand new door than having a damaged one there.
Adding an Enclosed Patio
This isn’t exactly quick and easy for you to do if you are looking for DIY projects, but it is for a company that knows what they are doing. Basically what you will be doing with this project is taking an outdoor patio and making it part of the house by enclosing it.
An enclosed patio ads both appeal and usable living space to a house, which helps to decrease the time a house spends on the market and increases the listing price.
For more information on how we can help you with any of these home flipping projects, contact us today.