What Does A Good Flip Look Like?

Hi Everyone! It's me, the Colorado Springs Fix and Flip lady again! I found some lovely examples of things I look for in good flips and wanted to share them with you! We love out of date, cosmetic fixers, even some mechanical problems once in a while. These are some fine examples of things that keep a house from selling at fair market value, but they sure are good news and easy to overcome for a seasoned investor that likes fix-n-flips.

GOOD FLIP PICS!!!

 Here's a lovely stinky pet stained carpet...$mell$ like money to a flipper!

 

 Faux painting gone bad in a child's room makes for a nice negotiation...LOOK! If you squint your eyes a little, that cloud in the middle looks like a turkey dressed up in a Pilgrim hat with a fake beard!

 The Brady family will miss their old kitchen floor in the Avacado Starburst pattern, but you can't stop progress!

 And here's Alice's Harvest Gold double wall oven...

 This nifty pink potty and tub won't match with that pesky neutral theme folks try to stick with these days!

 Side by side hanging brass fixtures anyone?

 And don't forget a little panelling goes a long way. Not only can you hide nasty stress cracks and old plaster with this, but it puts you in mind of a simpler time, doesn't it?

 Just about every potential flipper seems to have a badly done sponge paint room OR a midnight blue room with glow in the dark stars on the ceiling!

 I think this wallpaper would compliment the lino above just beautifully!!!

 

 

 

 

 

 

12 Comments on What Does A Good Flip Look Like?

what a pretty house.

07/09/2007 06:08 PM by Marcus Valdez (Keller Williams Realty of Northern Colorado)

Great stuff! It's amazing what simple fixes will do for a property's value, isn't it? Thanks for sharing!

07/09/2007 06:11 PM by Ryan Hukill - Edmond Realtor® (Hukill Group - Paradigm Realty)

Thanks for the pictures!

07/09/2007 06:21 PM by Skye Hawk, NAR Certified REPA (At Your Service! Virtual Assistant Specialists)

You just need to have a little vision, suprisingly most people do not. 

07/09/2007 06:21 PM by Michael Taylor (Rebate Real Estate)

Love the examples...I have seen many of the same things in the properties around here.  The problem has been pricing!  These people would rather sit on them than sell them at a FAIR market value. 

07/09/2007 06:27 PM by Richard Parr, Realtor, Real Estate Agent Elmhurst and DuPage County Real Estate (Prospect Equities, Oakbrook Terrace, IL)

Lania,

So true. If you can see past the brutal paint job, stained carpet and totally out-dated kitchen, you know there is potential behind that ugliness. Usually it's only an investor who can do that. I've bought a few of these over the years and the rewards have been there every time.

 

07/09/2007 06:37 PM by Esko Kiuru - Las Vegas NV Mortgage Consultant (Sinifox Financial)

Thanks Guys! I'm glad with all of the "retro" craze the avacado never did come back...

07/09/2007 06:38 PM by Lania DeMers, Broker Rocky Mountain Realty Co. (Rocky Mountain Realty Co.)

Looks like my first house............

I learned to paint, paint, and paint some more! I painted the walls, panelling, cupboards, counter-top, stairs, basement floor......I think that's it. Good luck with it!

Julia

07/11/2007 10:45 PM by Julia Fedak (Platinum Home Staging Design)

 

Good post.

...and the fun just never stops.  In time other flippers will look at our fixes and say:  "STAINLESS STEEL appliances...EEEwwww...how industrial"!  or  "What were they thinking back then with their bright colored accent walls"?

09/20/2007 03:17 AM by Dru

Wow, what a blast from the past! Thirty percent under market and I'd be all over it! That baby has some decorating challenges, I love the extra lighting in the dining room-LOL! Thanks for sharing!

09/20/2007 06:51 AM by Debbie Malone, RE/MAX, Lynchburg, Smith Mountain Lake, Real Estate Agent (RE/MAX 1st Olympic, ABR, e-PRO, ASP)

LOL!  Yes, I have seen some of those things!  Just last week!

It's a Good Life!

Fran Rokicki, Clubnet~Mentor

09/20/2007 10:45 AM by Frances C. Rokicki, Broker~Mentor (Fran Rokicki Realty, LLC)

Thanks Everyone! If you wait long enough...everything will come back into style, right? I agree with Dru on the stainless appliance thing. I've already discussed that with my husband. To each his/her own, right?

09/24/2007 01:30 PM by Lania DeMers, Broker Rocky Mountain Realty Co. (Rocky Mountain Realty Co.)

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Real Estate Agent: Lania DeMers, Broker Rocky Mountain Realty Co. (Rocky Mountain Realty Co.)
Lania DeMers, Broker Rocky Mountain Realty Co.
Colorado Springs, CO
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Rocky Mountain Realty Co.

Office Phone: (719) 638-5858
Cell Phone: (719) 232-5941
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