Posts from September 27th, 2021
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27
Should You Buy That Flipped House?
You're not alone if you're flipping and flopping over buying a flipped house. Is it a good investment? Bad investment? Safe or risky? Our real estate agents know it's a tough decision. The fact is that some flipped properties can be beautiful opportunities, while others are poisoned fruit to be avoided at all costs. As with any real estate purchase, due diligence and a cautious eye can help you choose the former and avoid the latter.
Atlanta homes for sale are a hot commodity, and many investors are purchasing distressed properties, fixing them up, and selling them for a quick, tidy profit. Some of these individuals devote significant care and attention to every last detail in the process. Wary of potential legal consequences, these individuals go through the home and properly resolve critical issues such as leaking roofs and faulty wiring. They secure the necessary permits and ensure the work is done by qualified, licensed, and insured plumbers, electricians, roofers, etc. But, these individuals and the properties they renovate, restore, and remodel are not the norms.