
Flipping or Renting?
If you want to flip properties for a quick profit, HomeLovers probably isn't the best partner for you.
As a full service real estate brokerage covering the metropolitan Phoenix area, including Scottsdale, we are happy to assist you with the contracts, negotiating the best possible purchase, getting through the mortgage process and closing the deal.
However, our sweet spot is long-term profit through real estate portfolio management.
Flipping is risky. The "buy it cheap, fix it up and sell it fast for immediate profit" is a plan that rarely works. Early in the market downturn, it worked very well for some investors, but there is high risk involved. It only works if the investor can sell the property for more than they bought it plus the cost of fixing it up, and sell it very quickly so they don't have to pay the mortgage monthly payments for very long. When the properties were appreciating rapidly and inventory sold quickly, this worked.
In today's market, flip investors are quickly getting burned.
Maximum long-term wealth takes planning
We have learned through experience that flipping properties rarely creates maximum wealth. To truly understand the value of an investment, you have to consider appreciation, tax benefits, debt reduction AND cash flow.
We have the tools to analyze an investment from all angles to determine what the long-term return is, regardless of the monthly payment.
By the end of your free initial portfolio planning meeting with HomeLovers, you will feel 100% confident about how real estate fits into your overall financial plan, what type and quantity of properties you need in your portfolio, and the timeline for getting all the pieces in place.
And when your strategic investment plan is done? HomeLovers doesn't just post your property on MLS and hope for the best.
Our full service property management services include an aggressive marketing program that generates more rental home demand than we can fill - allowing us to be very selective about only putting the best tenants into a lease. Our robust tenant screening processes weed out the poor tenants and keep your home from sitting vacant. With HomeLovers, managing your portfolio is in capable, expert hands.
Sit down for free with one of our investment experts and learn what approach to real estate investing may be best for you. We would be glad to answer any questions you might have with no obligation whatsoever. Schedule it today by calling (800) 491-0375.