Baltimore, Maryland -
The owner of an innovative home buying company Dependable Homebuyers, Evan Roberts says that the real estate market in Baltimore is hot for flipping houses. The We Buy Houses company has been flipping houses for nearly a decade now. The investment firm acquires all types of residential properties throughout Baltimore and elsewhere in the state of Maryland. They buy houses from owners and take charge of renovating the properties so they are saleable in an open market or to investors among other buyers. Flipping houses is not new but simple rehabbing of properties does not qualify in every scenario. A house bought, renovated and sold in a span of twelve months or less is flipping. Other forms of rehabbing are midterm to long term investments.
Evan Roberts highlights the large inventory of distressed properties and the appreciating home prices as the two main reasons why real estate professionals and investors should consider flipping. There are innumerable houses in and around the city that are not saleable in their present state. New home construction is falling short of meeting the expectations of buyers. Many buyers are being compelled to consider pre-owned properties but most houses require extensive repairs and many warrant major improvements. This is where flippers can churn a profit. Distressed properties can be purchased for less and they can be flipped in a few months with some smart renovations. Those who have been flipping houses in Baltimore are securing profits in the range of fifteen thousand to thirty thousand dollars per property.
Roberts uses the appreciating home prices as a solid reason to consider flipping. The dearth of new homes for sale and the conditions of pre-owned properties are driving up the prices of houses that are saleable in the exact state they are in. If investors or real estate professionals can acquire the residential properties in poor conditions at favorable prices, make some wise changes and a few upgrades then the value of the property shall be subjected to considerable appreciation. This can make way for a handsome profit in a very short span of time and little work. What it takes is expertise in flipping houses. Those with experience, lucid understanding of the ground realities and awareness of the current market conditions can easily use the many factors to their advantage. Interested homeowners can read a recent press release they published at https://drive.google.com/a/dependablehomebuyers.com/file/d/1cfPd9d8Kg0Le06TPhEFhFcpNHiZ9D1fP/preview.
Flipping houses has become increasingly popular throughout the country. There is a reality show based on flipping houses where six teams of investors and real estate experts compete to churn the maximum profit through such ventures. While the televised series may simplify several aspects of flipping houses, the show indeed reflects how flipping has become popular and that those with sufficient investment capacity and expertise in the real estate sector should explore the opportunities. Investors can buy foreclosed homes at auctions. They can also buy houses directly from owners. Many distressed homeowners want to find a direct buyer. They are unable to find buyers through realtors and listing services. According to Evan Roberts, such deals can be great for flipping. For more details, contact Dependable Homebuyers directly.
SOURCE: Press Advantage [Link]
Dependable Homebuyers is a local home buying company in Baltimore, MD. We buy houses in any condition and any situation. If you want to sell your house fast, give us a call at (443) 266-6247 and we’ll provide you a cash offer within 24 hours.
March 14, 2022 – Dependable Homebuyers Continues Offering Services for We Buy Houses in Baltimore
March 14, 2022 – Dependable Homebuyers Sees Opportunity in Flipping Houses in Baltimore
December 23, 2021 – New Dependable Homebuyers Guide Details Good Reasons for Bypassing a Real Estate Agent
December 23, 2021 – Dependable Homebuyers Announces Cash for Houses Services in Baltimore Maryland
December 22, 2021 – Dependable Homebuyers is Buying Junk Homes in Baltimore
December 22, 2021 – Dependable Homebuyers is Making Cash Real Estate Offers on Baltimore Homes
September 14, 2021 – Dependable Homebuyers Answers Question About How They Determine Their Offer Prices
September 08, 2021 – Local Real Estate Company Purchases Property in Baltimore's Station North Neighborhood
September 03, 2021 – Dependable Homebuyers Offers We Buy Houses Services In Baltimore
July 02, 2021 – We Buy Houses Company Publishes Article on How to Work With Real Estate Investors in Baltimore