If you wan to find properties in Santa Clarita you can flip, this a a fantastic city to do that. It’s not just a matter of buying low and selling high – it’s about being smart, strategic, and willing to hustle. With the right approach, you can find a great SCV property to flip and hopefully turn a profit.
Beyond the MLS
One of the keys to success is to be proactive and creative in your search. Don’t just rely on the MLS or real estate agents to find properties – get out there and explore different channels. For example, you could network with other agents and investors, check online databases like Zillow and Redfin, or even get creative with a direct mail campaign. Who knows, you might just stumble upon the perfect property that way.
Networking
When it comes to networking, don’t be afraid to put yourself out there. Attend local SCV real estate events, connect with other Realtors on LinkedIn, and be sure to let people know what you’re looking for. You never know who might have a lead on a property that’s just right for you.
Online databases like Zillow and Redfin can also be great resources for finding properties to flip. Use filters to narrow your search by price, location, and other criteria, and set up alerts to stay on top of new listings. Keep in mind, though, that many other investors are using these same resources, so you may face stiff competition. It also might be a good idea to keep tabs on properties that expired – meaning they failed to sell for one reason or another.
Direct mail to find house flips
Finally, there’s the direct mail campaign. This can be a more expensive and time-consuming approach, but it can also yield great results. By targeting homeowners with specific criteria, such as those with equity positions or facing foreclosure, you can increase your chances of finding a property that’s ripe for flipping. Just be sure to do your research and follow best practices for direct mail marketing.
Of course, finding the right property is just the first step. You’ll also need to have a solid understanding of the Santa Clarita housing market, as well as the necessary resources and expertise to navigate the process. That’s where an experienced real estate agent like me can help. Whether you’re a new or seasoned investor, I can offer guidance, support, and a wealth of knowledge about the Santa Clarita market.
SCV tract homes galore
One of my favorite reasons to help investors flip homes in Santa Clarita is because the majority of homes are tract homes. This makes coming up with an after repair value much easier. With less guesswork when buying, renovating and selling a home, the profits tend to be higher.
If you want to be a bit more safe when flipping a home, if you focus on condos vs SFR homes, there is less you’re responsible for. For instance you won’t have to worry about the roof, backyard, or side yard walls on a condo! While there may be less you’re responsible for in a condo, you are more likely to find higher margin returns when flipping an SCV SFR house. Your results will vary, and of course there’s a lot of strategy that goes into realizing a profit. Each house, condo and flip is different, which is to say nothing of the changing housing market conditions month to month.
If you’re ready to take on the challenge of flipping residential properties in Santa Clarita, don’t wait. Get out there, explore different channels, and be ready to hustle. With the right approach and a little bit of luck, you could be on your way to a lucrative career in real estate investing.
The inventory of homes is currently extremely low. Get in touch with me for a consultation!
