Three Types of House Flippers by real estate expert Clyde Brown

Home

Articles

Real Estate Investing

0 votes

January 12, 2011, by Clyde Brown in Real Estate Investing

Three Types of House Flippers by real estate expert Clyde Brown

A lot of property investors in Fremont California go into that part of real estate to become what is known as a house flipper. In this position, they purchase real estate in Fremont California with the goal in mind to immediately sell the property in Fremont California so that they can turn a profit. In our conversation we will look at three different types of house flippers.

Position #1 – The person that gathers the information

This position is also known as the scout and the main idea is to get as much information about a possible transaction in Fremont California and then sell that information to other investors. This is a great position to get into if you are just starting out because you don’t need any money or really any prior education to get started. The job entails finding property in Fremont California that motivates a seller to get rid of it a price that is below the market value. This is usually someone that is in either an emotion-packed or financial situation.

Position #2 – The Dealer

Much like the information gatherer, this type of house flipper will also look for prospective transactions in Fremont California for other investors. Through what is known as a purchase contract, he will actually control the property where the information gatherer or the scout did not. The dealer may put down some money on the property in Fremont California. This type of position will assume more risk, but can also make more money.

Position #3 – The Retailer

The dealer usually sells the transaction or property deal in Fremont California to the retailer. The retailer is the one that will have the funds to fix up the property in Fremont California and then turn around and sell it at full price to a buyer. The retails is the one person that will absorb the most risk, put up the most money and in the end will make the biggest profit. This position is also the one that will take the longest time to make the profit. The dealer will often get assistance from a real estate agent like Clyde Brown.

If you are considering buying or selling property, planning to relocate, looking for Fremont homes for sale, or looking for any other information about real estate in Fremont, or the surrounding areas, please visit the most complete website dedicated to everything Fremont real estate related www.ClydeBrownHomes.com.

Specializing in all Fremont neighborhoods, including Centerville, Deep Creek, Ardenwood, Northgate, Niles, Irvington, Brookvale, Glenmoor, Cabrillo, Parkmont, Sundale, Warm Springs, Mission San Jose Fremont, Weibel, Avalon Heights, Lake Lakepointe, and Liberty Commons. I also serve all East Bay cities including Fremont, Newark, Union City, Hayward, Oakland, Santa Clara, Milpitas, Dublin, Livermore, Pleasanton, and San Ramon. If you or someone you know are in need of a competent and caring Fremont agent in Fremont, or the surrounding areas, I hope you will contact me. Clyde Brown Legacy Real Estate & Associates.