4 tips to maximise the profits of your property flips
Investing into a property to renovate it and sell it off is an aggressive strategy which has proven profitable for those in the know.
Dominque Grubisa, founder of the DG Institute and a guest who has appeared on the Smart Property Investment Show previously, shares here top tips for investors to get into the flipping game and make some money while they’re there.
1. Do your homework
Like with all investment strategies, investors interested in flipping need to make sure they do their homework before jumping into any property.
“Where do people want to live right now? What kind of properties do they want to buy? Don’t speculate about up-and-coming neighbourhoods,” Ms Grubisa said.
She also recommended researching into distressed properties, as they can be an affordable option.
“Divorces, deceased estates, bankruptcies and properties that are heading into foreclosure are a good place to start,” she said.
Read more: https://www.smartpropertyinvestment.com.au/renovation/18682-4-tips-to-maximise-the-profits-of-your-property-flips
Dominque Grubisa, founder of the DG Institute and a guest who has appeared on the Smart Property Investment Show previously, shares here top tips for investors to get into the flipping game and make some money while they’re there.
1. Do your homework
Like with all investment strategies, investors interested in flipping need to make sure they do their homework before jumping into any property.
“Where do people want to live right now? What kind of properties do they want to buy? Don’t speculate about up-and-coming neighbourhoods,” Ms Grubisa said.
She also recommended researching into distressed properties, as they can be an affordable option.
“Divorces, deceased estates, bankruptcies and properties that are heading into foreclosure are a good place to start,” she said.
Read more: https://www.smartpropertyinvestment.com.au/renovation/18682-4-tips-to-maximise-the-profits-of-your-property-flips
Comments
Post a Comment