Wednesday, March 15, 2017

Dave Clabeaux - Be Prepared: House Flipping Checklist

It is important to be prepared before heading out to look at a property.

When you go out and look at your next house, make sure you have all of these items with you:

1.  Flashlight.  You do not know if the electricity will be on.  And you want to be able to peek into any dark places like attics, crawl spaces, and under the sink.

2.  Clipboard, paper and pen.  You want to be able to take notes as you walk through the house.

3.  Cell phone with camera on it. You will need to take pictures that you can refer to later when deciding if this is a house you want to flip.

4.  Tape measure.  This will help you estimate the costs of things like flooring, cabinets, and paint.

5.  Business cards.  In case you run into a realtor, contractor, or someone who could help you build your business.

6.  A full tank of gas.  This may seem obvious, but if you are in an area that you are unfamiliar with, you do not want to waste time looking for a gas station when you could be looking at
other houses.

7.  A comfortable pair of shoes.  You will be doing a lot of walking, so you want to make sure your footwear is comfortable. 

You might also be in some rough houses, and so sandals are a no-no.

Print out this checklist and use it the next time you go out and look at a property.