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How should I find bargain properties for flipping?

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Michael Corbett
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Mr. Michael Corbett
Author, Find It, Fix It, Flip It!
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How should I find bargain properties for flipping?

When looking for real estate properties, you need to work with an expert. Yes, there are a lot of ways to go and find a foreclosure in probates and for-sale-by-owner, but when you are starting out in real estate there are so many pitfalls and so many unknowns you need to be working with an expert. When I find a property and I go through a realtor, I don't necessarily try to buy the house that is for-sale-by-owner, I wouldn't know where to begin to do the proper contracts and I'm an expert. The proper contracting, the finagling of title, and all these things that people have no idea what they'd be getting into. Its not just about knocking on someone's door and be like “Hey, I want to buy your house here's a check.” it is an incredible process and you need an expert to walk you through a step-by-step to be sure that you are saving money in every step, and that you are not spending more money than you need to.

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Real Estate Flipping
 Real Estate Flipping Basics 
  1. Michael Corbett
  2. What is real estate development, or 'flipping'? 
  3. What is 'real estate speculating'? 
  4. Who can engage in real estate flipping? 
  5. How should I get started flipping properties? 
  6. What kind of property should I consider for my first real estate investment? 
  7. Should I get a real estate license before I start flipping properties? 
  8. What are the legal considerations in flipping property? 
  9. What kinds of property may be 'flipped'? 
  10. Why is real estate flipping so popular right now? 
  11. What types of home upgrades most enhance resale value? 
 Pros And Cons Of Real Estate Flipping 
  1. Michael Corbett
  2. What are the advantages of buying property for resale? 
  3. What are the financial dangers of buying property for resale? 
  4. What's the one thing I should consider before flipping property? 
  5. What should every buyer be aware of before getting started in real estate flipping? 
  6. How risky is real estate compared to other types of investments? 
 Identifying Good Properties To Flip 
  1. Michael Corbett
  2. What are some 'red flags' to avoid when purchasing a property to flip? 
  3. What qualities does a good development property have? 
  4. What is an 'underused property'? 
  5. Do underused properties make good choices for reselling? 
Finding Properties To Flip (Now Playing)
  1. Michael Corbett

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