Birmignham Alabama real estate investors that flip houses are all about their business. The competition in the Metro Birmigham-Hoover market is fierce and the investors are doing quality work and they are selling fast. Make no mistake, just because the housing are selling fast, don't think for a minute that these houses are being purchased and flipped haphazardly. Birmingham Alabama real estate investors don't play that game. They use quallity products, create imagination, stagers if necessary and they take their time to deliver homes that are not only being sought after, but fought over in bidding wars.
So if you are new to the investment market here in Birmingham, Alabama and If you are planning to flip houses in Birmingham, Alabama you would be well advised to bring your A-Game. I would strongly recommend that you take a look at the work that your competition is doing if you are serious about competing compete in today’s market. The Birmingham real estate investor that comes to the table with the notion of replacing the carpet and painting a unit and then putting it back on the market to make a quick buck, will be the investor that stands the greatest chance of either becoming a landlord or letting the property dwindle away as a neighborhood eyesore.
Take a Tip From the Best House Flippers
First and foremost, real estate investors have to have money and be willing to part with it. From the start, you must see a quality end product. The quality of the output is wholly dependent upon the quality of the input and it starts with the quality of contractors that you use and the quality of materials used for the job In other words, you can't dress up "cheap" and "shabby." You don't have to be a copy cat, but it's okay to incorporate the ideas of other investors. Anybody who thinks that you don't need to know about your competition, should never be in business. I
Don’t Half-Step
Mediocrity breads mediocrity and no one wants to pay top dollar for mediocrity when for a few dollars more, they can buy quality. Unfortunately for many newly minted real estate investors, this lesson is learned the hard way: after money has already been lost. The end result is that those investors end up placing the blame on everything except the mediocrity of their work. If you plan to be a house flipper in the Birmingham, Alabama real estate market, than you also have to have a comprehensive rehab plan. If you can’t visualize the end result in it’s entirety, then you should delay rehabbing until you can see the big picture in your head.
Real Estate Agents Are Your Best Allies
The days of FSBO investors is all but over in today’s Birmingham, Alabama real estate market. Real estate investors that flip properties now realize that if anyone knows what’s hot and what’s not in today’s market, it the Birmingham, Alabama real estate agent. Real estate agents get a chance to witness the absolute best rehabbed houses on the market on a day to day basis. We know what works and what doesn’t. Real estate agents recognize “true effort” even before opening the door of a rehabbed property. Real estate agents know when we open the door, if the property is merely a carpet and paint job or a work of art. And guess what? So does the prospective Birmingham home buyer.
What’s Better Than a Real Estate Agent?
If you really luck you, you’ll align yourself with a real estate agent that has a history of real estate investing. By hiring a real estate agent who is or has a history of personally investing in real estate, you’ll have the benefit of someone who truly understands your “investor” mindset. Oh, did I mention that I am one such real estate agent (hence Bham WIiRE stands for Birmingham Women Investing in Real Estate).
So Come With Your A-Game
Because if you don’t then you and your rehabbed house will just be sitting on the sidelines.
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