26 Feb 2013

Steps on Performing a Fix and Flip

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The economy is very strong in Austin, Texas, as is the real estate market.  However, there are still reason why a house won’t sell fast.

One of the biggest reasons is that the house may not be in market condition.

There are many folks who have a lot of equity in their home, or inherited a home free and clear, that is not in marketable condition.  Marketable condition means that the foundation may need work, the roof needs to be patched, the flooring is in bad shape, etc…  Given the condition of the property, the banks aren’t willing to lend on it.

And many people don’t have the cash or skill set to repair the house and put it on the market.

Real estate investors, like Robert Guild at Lion Pride Capital Partners, specialize in buying properties in distress.  We can do this because we have access to financing that doesn’t include the banks, which means that we can buy houses in any condition!

How to Perform a Fix and Flip?

If you’re a new investor, fix and flips are one of the most popular types of investment strategies to begin implementing.  It’s all over the T.V. and there are numerous success stories.

However, there are also a great deal of horror stories as well.

Below is an infographic created by one of my business partners detailing the major steps require of performing a fix and flip:

Flipping Houses Infographic

If you’re interested in learning how to perform a fix and flip, please contact Robert Guild at 512-296-2299

About the Author

Robert Guild has been the financial expert and the controller for both public and private companies for decades. Robert is now the co-founder of Lion Pride Capital Partners. At Lion Pride Capital Partners, we’re a team of investors. If you wanted to describe us in a couple of words, it would be: Expertise, Experience, Funds, and Network. We have experienced cash buyers and a construction manager who has been building and remodeling homes for over 20 years. We have a Realtor/Investor who finds us properties and markets our finished properties for sale. We also have a top mortgage banker with an extensive real estate portfolio and has been investing in real estate for over 20 years. I also have real estate investment mentors who are the most successful investors in Central Texas. We also have access to investor friends around the country so that together we can provide pretty much any solution to any problem in real estate for about any seller in about any situation. Regardless of your situation, we can help! Contact us today.

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