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Archives for : January2016

Increase your real estate value in California

Tons and tons of people like Than Merrill all over the country are getting rich by flipping houses, but do not get the impression that you can simply go out and purchase a home and turn around and sell it for a profit. There is a ton of math, intuition, risk assessment and planning that all go into selecting the right properties and if you truly want to be successful at flipping houses, the wisest thing you can possibly do is follow one of the real estate gurus that are currently flourishing. One the best real estate markets, when it comes to flipping homes, in the country is in San Diego, where there are a plethora of great real estate investors that focus on educating people about making wise decisions when it comes to buying homes and how to capitalize on those homes. Seth O’Byrne has been wildly successful in the area and has a lot of people that he has helped to become very successful. Some other people you might want to check out are Robert G. Allen and John Goodell, who both have great insight into the real estate market in the city.

One of the biggest things that real estate gurus look for when they are searching for a potential home to purchase, is the potential for upgrades. Many homes are on the market that are dilapidated, or simply have the potential for their value to be increased. This can be done by the individual themselves, or can be done by an outside party, but assessing these costs and then assessing the property will give you a better idea of whether a home is a good risk or not. Learning these skills would be fairly difficult for someone trying to do it on their own, as there is a huge learning curve, and you flat out do not want to be trying to beat a learning curve when you are in the game of buying homes, which come at a huge price tag.

The secret to hitting it big when it comes to real estate investing and flipping homes is being able to get a fully accurate portrayal of every aspect of the home, when it comes to it’s monetary value. While you might be able to assess the market and pick whether a home may go for more money, you really need all of the tools in your pocket, which is why it is greatly beneficial to consult with, or simply follow the advice of one of these gurus.