Lately, people have been asking me about organization and productivity tools to use when flipping and dealing with real estate. I've begun this post as a way to share some of those tools with you.
Toodledo.com is my favorite (FREE!) easy to use, web based todo list management tool. It really helps you track of all your tasks and avoid disorganization, Track properties to check up on, projects, etc. I personally use the web version for my PC and the iPhone and iPad versions when on the go.
Here's a list of 10 things to consider when flipping houses: Location: Look for properties in desirable neighborhoods with good schools and amenities nearby. Condition of the property: Consider the condition of the property and the cost of repairs needed to make it livable. Market conditions: Research the local housing market to identify trends and determine the best time to buy and sell. Financing: Look into different financing options, such as hard money loans or private money loans, and make sure you have the funds needed to purchase and renovate the property. Property value: Research the property value and compare it to similar properties in the area to ensure you're getting a good deal. Potential resale value: Consider the potential resale value of the property after renovations and factor that into your investment decisions. Property taxes: Be aware of property taxes and how they may impact your profits. Zoning and permits: Make sure you understand the zoning laws and req...