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Old 04-08-2011, 03:39 AM
realestatehound realestatehound is offline
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Default Re: How to evaluate a property for flipping?

If you want to know what home's are selling for in a certain area go to the property valuation office. You can pull up one address and then pull the whole subdivision at least here you can. Most of the sites like Zillow run month's behind because they get their info from the MLS systems that the Realtors use. If you don't know a good Realtor find one and get to know them well. Work a deal with them to help with priceing the home after it is finished and give them all your listings. Trust me they will be glade to help you because they won't admit it but most are starving. They could make more money working a regular job now. I know because I'm a real estate broker and if it wasn't for my flips I would have been bankrupt 2 years ago and I have been doing this for 35 years and have always had a great business. But in recent years I have started flipping almost full time as I make a lot more money with a whole lot less headachs.
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