Tips to Find Affordable Houses to Flip
Beginning your house-flipping journey can seem overwhelming but Peninsula Mini Storage is here to help. We will guide you through the process of searching for affordable homes that meet your criteria.
How to Find Houses to Fix Up & Flip
Research the Area Well
Researching the area and the market is the first step in the process. Consider the needs of the buyer as you begin your search for different homes. Some important factors that a potential buyer may look into are transportation, geographic location, budget, safety, and more. As you find homes that meet the criteria, there may be some that require more repairs than others. Keep this in mind along with your budget as you narrow down the homes that you want to pursue. New Silver Lending’s state-by-state guide to house flipping is a great tool to use once you are ready to begin your search.
Search Online, But Also Making In-Person Real Estate Connections
Finding real estate online can be a simple process. Zillow is a great tool that can be used to search for homes within your budget. Their online marketplace gives users plenty of information on the homes and even provides virtual tours. Also, Zillow’s additional resources such as their Home Sellers Guide and Foreclosure Center have a lot of useful information that can assist buyers. We recommend reaching out to local real estate agents in the area of the homes you are interested in. You will be able to gain even more knowledge and insight into the market by forming relationships with them.
Identify Red Flags During Your Search
It is important to identify red flags during your search for homes. While some homes may be affordable and priced within your budget, there may be certain issues and repairs required that are outside of your expertise. In addition, some repairs can be very expensive and this can affect your budget. Listed below are issues you may come across during your home search that we recommend staying away from:
- Too Small of Kitchen/Bathroom Space
- Plumbing Issues
- Electrical Complications
- Water Damage
- Cracks in Foundation
- Pest Infestations
- And More
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Peninsula Mini Storage in Southern Delaware
Once you’ve found your ideal home to fix up and you’re ready to begin the renovation process, contact Peninsula Mini Storage in Southern Delaware for extra space to store materials. We have storage facilities located in Dagsboro and Blades with drive-up units so you can unload/load your storage conveniently from your vehicle. In addition, we offer parking for large vehicles such as boats and RVs. The units have temperature control features to ensure your items are not damaged by humidity. If you need assistance with determining the best unit size for your storage, check out our storage calculator. At Peninsula Mini Storage, we prioritize the safety of your belongings. Our facilities have 24-hour surveillance cameras and monitored gate access so you do not have to worry while your items are in storage. Visit or call Peninsula Mini Storage to rent your storage unit today!
Paige Weary
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.
