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What factors should I look at when evaluating a location for a house-flip?

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  • Videojug
  • Videojug
  • 6:45
  • Yes
  • 360p
  • 640x360
  • Flash
  • h.264
  • 900kbps

What factors should I look at when evaluating a location for a house-flip?

Michael Corbett (Real Estate Expert) gives expert video advice on: What are the various timelines for flipping a property?; How long should I hold a property that I want to flip?; When is a good time to buy real estate to flip? and more...

When you're buying a property, you're not just buying a property, you are buying a neighbourhood, so you want to make sure that the neighbourhood itself is solid. So you want to check things, like what's the school system like? Is there shopping nearby? Is there access to freeways? Is there Public Transportation? You want to know the neighbourhood. Now chances are it's going to be near somewhere where you live, so you're going to have some knowledge of it, but the buying in the neighbourhood is just as important as the house you buy.

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