TO FIX AND FLIP OR SELL IT QUICKLY IS THE QUESTION

By
Real Estate Agent with RentVest SA535849000

TO FIX AND FLIP OR SELL IT QUICKLY IS THE QUESTION

PHOENIX FIX AND FLIPIt was just another day in Phoenix Property Management when I received a phone call from a property owner. The owner explained that they have been receiving my postcard and it was time to hire me to manage on of their rentals. The owner informed me that the tenant has been at the same home for thirty years. The tenant was a hoarder and she wanted me to clean up the mess to avoid any accidents such as a fire. I said “GAME ON.”

I was hired the same day. I spent a course of three weeks trying to reach the new tenant. Then, one day the neighbor informed me that the tenant was dead. The family members went through the home and left the rest of the home in disarray. So, we spent the last four days clearing out the home. The home is EMPTY.

Now, the owner has the following decision to make see below

  • Seller the home in present condition AS IS
  • Repair home to sell
  • Repair home to rent

I asked a few questions to the owner. I was going to purchase the home in its present condition to flip. However, I convinced her to put the money into the home and flip it herself. I will manage the entire project since the owner lives out of town. The owner is leaning toward putting the money into the property and selling it. That is good news. Why let another person make the profit? That is when the owner woke up. I gained their trust while cleaning out the home because I did not over charge them. BINGO!

Posted by

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Comments (28)

Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtor, Philly Main Line

If we treat people right they will trust us with bigger things. By not overcharging you built trust to represent them for the sale. Well done,but expected of you.

Mar 28, 2017 08:23 AM
Mike Bjork
Evolve Bank & Trust - Redondo Beach, CA

Great story, Harry!  Thanks for sharing!

Mar 28, 2017 09:00 AM
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

William Feela she is ready to sell after owning for 30 years

Mar 28, 2017 11:25 AM
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Sally K. & David L. Hanson give the owner all the facts to make a decision

Mar 28, 2017 11:25 AM
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Carol Williams here to stay

Mar 28, 2017 11:25 AM
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Scott Godzyk that is great

Mar 28, 2017 11:27 AM
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Nick & Trudy Vandekar always do your best

Mar 28, 2017 11:27 AM
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Mike Bjork here to serve all

Mar 28, 2017 11:28 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Congrats on the project! I know you will d great for your client.

Mar 28, 2017 07:20 PM
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Sheri Sperry - MCNE® thanks for vote of confidence

Mar 28, 2017 09:22 PM
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Good morning Harry.  I know you did the right thing, sometimes it's not about the money. 

Mar 29, 2017 02:36 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good Morning Harry - that is a good way to gain trust. Help the client discover the right course of action. 

Mar 29, 2017 06:57 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much, Harry, for sharing this story. Investors are in good hands when they use your property management services.

Mar 29, 2017 07:43 AM
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

James Dray put the clients need first always

Mar 29, 2017 08:42 AM
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Grant Schneider be the beacon of light through the darkness

Mar 29, 2017 08:42 AM
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Roy Kelley just get'er done sir

Mar 29, 2017 08:42 AM
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.

Good for you, as a flipper my self I am always looking for the person I can make the next Millionaire. 

Mar 29, 2017 01:43 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Good for you. You did earn the trust and will get this business and more in the future.

Mar 29, 2017 06:17 PM
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Charles Stallions great minds think the same

Mar 29, 2017 07:10 PM
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Debbie Reynolds one deal at a time

Mar 29, 2017 07:10 PM

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