Are you looking into how you can find an affordable house to flip in your area? Music’s U-Drop U-Lock Storage offers helpful advice and storage space for new homeowners taking on large renovation projects. See our guide below to start your house-flipping journey! Then contact our storage facility later when you are starting your home improvements and need self storage to help keep you organized.
When buying a house to fix up and flip, it is important to consider the local area and what would be best for your buyer. You should look at factors like cost of living, as well as appeal in terms of neighborhood safety and accessibility when deciding where you want go ahead with this purchase. Will a family buying from you be able to send their children to a nice school district? Are there playgrounds or parks nearby? If in a populated area, is public transportation easily accessible? These are some of the questions you should ask yourself when researching neighborhoods. Make sure to have a pre-renovation budget in mind, so you can allocate enough money for the entire slip—initial purchase, plus all of the possible fixes, and unexpected issues. Use NewSilver’s state-by-state guide to flipping houses to start researching different areas.
Online resources for buying and selling homes are easy to use and usually include helpful tools. For example, Zillow has an online Foreclosure Center and Home Sellers Guide to give you the basics of what you need to know during your flip. You can also find a good selection of properties at discounted prices at local auctions—just be aware that most require cash payment. If you would like professional assistance from the beginning, there are real estate agents who specialize in house flipping.
You plan on taking on a large number of home improvements during a flip, but what renovation projects will eat away the most at your budget? The ones with the costliest materials and that you yourself do not have the expertise to carry out. For instance:
As you begin repairs around the house, look to local self storage to help you stay organized. You can store furniture, equipment, and construction materials at our secure Annville, PA, storage facility. We provide ample space for any project—rent up to 400 square feet of storage space! Our storage units have drive-up entry to allow for easy loading and unloading. Browse our available storage units online to compare and figure out the best solution for you. You can use our storage calculator and online resources to help you choose, or contact our office for assistance.
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About the Author: Paige is a Social Media Coordinator at Storage Asset Management in York, PA. She brings the most useful storage tips and tricks to your social media feed and loves a good self-storage pun. Beyond work, Paige spends her free time traveling extensively, her most recent trip being the Andes Mountain region of Bolivia.