What to Look for When Buying Homes to Flip for a Quick Sale

There is money to be made in real estate, no question about it! However, if you are looking to buy homes to quickly renovate so that you can flip them just as quickly, there are some potential problems you may encounter when the work begins. Whether you are new to real estate investments of this type or have been dabbling in quick sale properties for years, you could save yourself a lot of time, money and frustrations if you know what to look for before making an offer.


Royalty Free Photo

Asbestos Is a Killer!

If you are looking for quick sale properties, it’s vital that you add ‘asbestos’ to your checkpoints when inspecting properties. Since March 1977, the use of asbestos for insulation and fireproofing was outlawed in the United States. How frustrating would it be to renovate a home for a quick sale, never knowing that the hidden asbestos in the walls or ceilings could prevent the home from passing pre-sale inspection? If you are going to buy properties to flip quickly, always check for asbestos. Government-backed loans would be denied if asbestos was found during appraisal!

Structural Integrity of Windows and Doors

Another thing you may wish to consider would be the structural integrity of all windows and doors. Yes, you’ll have had the home inspected for termites, but those aren’t the only reasons for damage to the frames around doors or windows. Time and weather can cause wood to rot, as we all know, and a homebuyer looking for a home priced for quick sale is not usually in a financial position to replace those rotten frames. However, if all is in order, you can always quickly install window coverings because they are not expensive and a hot seller. Check out Next Day Blinds to see just how fast you can measure and get window coverings to meet your ‘Quick Sale’ needs.

The extent of Roof Repairs Needed

If you are relying on loans to buy homes to renovate for a Quick Sale, you probably know that the roof is one of the most vital checkpoints in an appraisal by the lender. However, if you are funding these homes with your own investment capital, do check out the extent of any damage to the roof. If it is extensive and has remained so for any length of time, there very well may be damage to the structural integrity of the foundation. Even if there is no damage to the foundation, how long would a total roofing job take and how expensive would it be? Minor patches to missing tiles are acceptable, but a total re-roofing job would eat into any profits you hope to make.

While flipping homes for Quick Sale is a huge industry, there are several areas which can actually result in a loss rather than a profit from your investment. Always make sure the renovations or repairs you need to make are not costly and time-consuming. You are, after all, in this to flip homes efficiently and quickly. That’s where your profit lies. Take the extra time to inspect carefully before making an offer you’ll later regret.

Posted in Property, Real Estate | Leave a comment

Making A Few Changes

Instead of following the trends that other homeowners use when making home additions, consider a few custom designs that offer personality to your home as well as the function that your family needs. When you begin looking at custom home additions San Diego contractors can perform, you should think about your budget and the size of the addition that you need instead of what you want. You can always add more space to the home, but you don’t want to start a project and not be able to finish it because you don’t have enough money or materials.

A seasonal room is an addition that you can enjoy all year. You can screen-in an existing porch or build a deck with a screen around the perimeter and a roof so that you can sit outside in all kinds of weather. Install a ceiling fan with a light for when you want to spend time outside in the evening. This addition allows for enjoying nature without all of the pests that swarm around.

If you have a garage or a basement that you aren’t using, then customize it by turning it into a bedroom or a small apartment for a family member. Include a small living space and a bathroom for maximum comfort. If there’s enough space, then consider adding a small kitchen. When you begin working with plumbing, electricity and similar components, it’s sometimes best to let a contractor complete the work so that it’s done safely.

An in-ground swimming pool is always a fun addition to any home. Design the pool so that it has all of the features that the family will enjoy, such as a waterfall or a sloped entrance to the water. If you don’t have the space to build an in-ground pool or the budget, then build a deck around an above-ground pool for space to entertain and relax when you’re not in the water.

Posted in Home Design, Home Improvement | Leave a comment

Things to Consider When Buying a Mattress

You need to make sure that you get a good sleep each night in order to stay healthy. Your body repairs itself while you sleep. Your organs regenerate themselves during this time. You will get sick more often if you are not getting enough sleep. This is because your immune system will be weakened. One of the most important factors when it comes to getting a good sleep is the quality of your mattress. It goes without saying that you will not sleep well if your mattress is not comfortable. Here are a few tips that will assist you in buying a mattress that will allow you to sleep like a baby.

1. Your friends and family will have a lot of advice concerning which mattress you can use.

The great thing about shopping for a mattress is that you can ask everyone in your life for their advice. This is because everyone sleeps on a mattress. Ask these people what type of mattress they use. What is the brand name? How long have they been sleeping on it? How did they find it? Was is recommended by someone? How would they rate the overall quality of the mattress and the quality of the sleep they are getting every night? Are any of your friends or family members using organic mattresses? Lastly, how much did they pay for their mattress and where did they buy it?

2. What is the return policy of the store or website you are buying the mattress from?

You might decide that you do not like the way a mattress feels after you sleep on it for a few nights. This is why you need to be sure about how long you have to return the mattress for a full refund.

3. Does the mattress include a warranty?

A good mattress will cost you a considerable amount of money. Therefore, you need to be certain that you are protected in case the mattress malfunctions not that long after you buy it. The warranty will cover the replacement or repair of the mattress.

Posted in Home Appliances, Home Improvement, Interior | Leave a comment

Decorating Your New Graduate School Apartment

Well congratulations!  Not too many months ago you were marching in the line with all the others wearing a cap and gown to receive that precious sheepskin that you worked untold days and years to obtain.  Then you moved your precious personal goods – barely enough to fill the back of your dad’s old SUV – and drove out of the dorm parking lot for the last time.  The years of undergraduate school were an experience that was fun and rewarding, with many new acquaintances and experiences you will call upon often in your future.

Today you’ve begun that next stage in your life by finding the apartment you will be renting for the next few years.  No more dormitory living – you’ll now have a small but comfortable place with kitchen and bath, bedroom and living room.  Anything larger would strain your finances.  Your furniture has been obtained from various second-hand stores, although you did spend some of your limited cash to purchase bath and bedroom supplies and fixtures.  And a relative bought you the essential items for your kitchen, including a full set of dishware.  And you have acquired various artistic and decorative items for your home using a Groupon coupon to obtain them at good discounts.

Your home looks much more attractive when you hang mounted prints you obtained using an allposters coupon.  These prints give your new home an atmosphere of artistic appreciation and sophistication.  They may not be valuable first prints, but they serve to make your home feel like a place which welcome those who appreciate creative art.  Many of the items you will use to decorate your new home are items that you will find hanging in your home a quarter century in the future, because by then they will have acquired their own value to you that exceeds whatever the item might have cost when you acquired it.  But for right now, the combination of comfortable furniture, good lighting, safe surroundings and attractive decoration are just what you need to establish an environment where you can successfully read, study and create writings that will all contribute towards your future graduate studies and ultimate professional career development.  Each step you take brings you closer to the achievement of that goal. 



Posted in DIY | Leave a comment