Flipping A House

I don’t know what it is but I get so excited when it comes to remodeling or flipping a house. My juices getting to pouring and my blood get heated and my mind gets excited.  It’s just hard to describe everything but this energy from nowhere just comes out of me.  It’s so bad that I have to tell myself, “Calm down and settle yourself”.  I definitely have to make sure I’m not just running into something that I’m not ready to tackle. For me it’s a get joy and an adventure. Planning is everything.  You first have to plan, do your research, and make sure the prices are right for the task at hand.

Outline your plan for your timeline you are setting for yourself. What do you think will be cost effective for the repairs? Give yourself a budget. What if the property sits on the market for a while? What would plan B be if the property sits? What type of timeline will you give yourself to flip the property before you go to plan B? Get all the estimates you will need for your remodel. Cost is everything. It can either make or break you.

Do your research for the area you will be in. Complete a Comparative Market Analysis to find out what you could sell the property for before you purchase it. 

Know what you would sell the house for a quick flip. Does the house you want to flip have the potential to pull in the profit you want to make? After everyone gets paid would you reach your goal? 

What you want to know is in the end was it worth it?

View YouTube on this: http://www.youtube.com/watch?v=dDuHjFiAj7E

CHANGE

Definition of Change:

change

[ chaynj ]

1.    become or make different: to become different, or make something or somebody different

2.    substitute or replace something: to exchange, substitute, or replace something

3.    pass from one state to another: to pass or make something pass from one state or stage to another

Here are some ways to use change in a positive direction. Here are some positive Thoughts spelling out the word C-H-A-N-G-E.

C- Challenge their comfortable routine

  H- Halts their mental slump
 
  A-   Addresses their fears

  N-   Narrows their excuses

  G - Gives today power over yesterday

  E- Ends that part of the journey
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   C- Creates Confidence

   H – Has the power to correct the wrong

   A – Allows you to adopt a new course

   N – New possibilities are exposed

   G -  Gives today a new meaning

   E – Energize you from the inside out

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Best Interest Rate Ever

My client was able to get a great interest rate as a First Time Home Buyer. I told her about all the available programs we have in our area and she decided to go with VA program being that she is an ex-Marine. At one point in time after our option period she did want to change to the First Time Home Buyer program, but her interest rate wasn’t going to be nearly as good. So she stayed with the TxVet program and a low interest rate of under 3% (you can’t beat that). With the regular First Time Program rate she wouldn’t have been able to touch those rates. I’m very glad she stayed with her current program and was able to purchase the house that she wanted.

I’ve also received a referral from her for one of her family members. I love referrals.

YouTube: http://www.youtube.com/watch?v=9XLM7fhXtB0