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How to Find Houses to Flip

How to Find Houses to Flip

Don’t know how to start your house flipping journey? Follow Vault Storage’s guide and learn how to find affordable houses to flip. 

How to Find Houses to Fix Up & Flip 

Research the Area Well

When looking for a house to flip, the first step is research. There might be multiple houses that you’re interested in so we suggest getting as much information on these locations such as geographic features or economic opportunities. New Silver Lending’s state-by-state guide to house flipping can help you find affordable homes in different states and you will be able to narrow down your options. As you research, keep in mind the specific qualities that you are looking for in a home. You may not find the “perfect” home, however, there may be homes that have the majority of the traits that you are looking for. 

Search Online, But Also Make In-Person Real Estate Connections

Zillow is a great tool to find homes in different areas. The interface is user-friendly and there are plenty of resources on the platform to assist with the buying process. Check out the Foreclosure Center and Home Sellers Guide for additional information. If you are interested in viewing the property but are unable to visit in person, utilize Zillow’s virtual tour feature. We also recommend consulting with local real estate agents to learn more about homes. Real Estate agents will be able to provide more insight and knowledge that you may not find online. If you need assistance with finding real estate agents in your area, check out Realtor

Identify Red Flags During Your Search

During your search for homes, you may come across homes with red flags. Some homes may have minor issues that can be repaired while others are too extreme. Certain repairs may be extremely costly and can even be beyond your expertise. Any repairs made on your future home that require specific expertise should be handled by professionals. We do not want the issue to get any worse. Listed below are the red flags we recommend staying away from during your search: 

  • Too Small of Kitchen/Bathroom Space
  • Plumbing Issues
  • Electrical Complications
  • Water Damage
  • Cracks in Foundation
  • Pest Infestations
  • And More

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Rent With Vault Storage In Maryland

After you’ve found your house to flip and begin the renovation process, you may need extra space to store some of your supplies and belongings. Store them with Vault Storage in Maryland. Our three facilities are located in Chestertown, Millington, and Perryville. We offer a variety of drive-up and temperature-controlled storage units at our facilities ranging in size from 5×5 to 30×40. In addition, we offer outdoor parking for your large vehicles like RVs and boats. We strive to make the rental process as seamless as possible with our online contactless system. Customers are able to find and rent storage units online, then move in the same day. For assistance with determining the best unit size for your belongings, check out our Storage Calculator. Don’t stress during the house-flipping process, and keep your extra items at Vault Storage. Rent with us today!

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Paige Weary

About the Author: Paige is the Reputation Manager at Storage Asset Management in York, PA. She is a self storage industry specialist with an appreciation for a good self storage pun. During her downtime, Paige enjoys weight training, kayaking, and losing herself in the pages of a captivating book.