flipping a house Archives - Flipside Homes

5 investment property renovations you should do during a buyer’s market

14 06, 2019

5 investment property renovations you should do during a buyer’s market

By Vaughn at Flipside Homes|2019-05-23T17:35:18-07:00June 14th, 2019|Investment Properties|

Right now, Vancouver is a buyer’s market. This may seem surprising; but, with prices having skyrocketed over the past few years and properties flooding the market, it has seen a decline. Currently, sales in Vancouver are at their lowest point in many years. But, what does all of this mean for you? How do you stand out in this challenging market? One of the best ways is to make your home more appealing to buyers. In order to do this, you may need to engage in some investment property renovations. Before doing that, however, it is important to consider which renovations are the right fit for your property. How to use investment property renovations to your advantage in a buyer’s market In a buyer’s market, there are more homes than there are buyers. This means that sellers must entice buyers

How to price the rent for your Vancouver income property

12 04, 2019

How to price the rent for your Vancouver income property

By Vaughn at Flipside Homes|2019-01-25T14:09:29-08:00April 12th, 2019|Investment Properties|

Before buying any Vancouver income property, you need to look at the rent you could charge. Would you be able to cover your expenses? Or make a profit? Figuring this out will allow you to assess if you should buy a certain Vancouver income property. Not sure how to make this assessment? Today we will teach you the way to do it! The costs of your Vancouver income property The first element you need to look at in relation to your potential Vancouver income property is expenses. Make a list of all the expenses you need to consider. Here are a few items to get you started… 1. Down payment Think about the size of the down payment you will be making. Remember that the more you put down, the smaller your mortgage will be. 2. Mortgage How much will

Why you should do at least 2 rooms at once during a Vancouver home renovation

22 06, 2018

Why you should do at least 2 rooms at once during a Vancouver home renovation

By Vaughn at Flipside Homes|2018-05-22T11:46:50-07:00June 22nd, 2018|Renovation Tips|

Often, people think doing their Vancouver home renovations one room at a time will make the process easier. After all, then you will only have to deal with work in one space. This may seem to be common sense, but the opposite is actually true. It is much simpler and smoother to do at least two rooms at once during your Vancouver home renovation. Here is why. Why it is easier to do at least 2 rooms at once during your Vancouver home renovation 1. Permits Some Vancouver home renovations require specific permits, which usually have a long wait time for approval, and can be quite expensive. The permits that may apply to your renovation are for moving, changing or adding gas lines, electrical wires or plumbing, or if you are adding to the main structure, removing structural walls, and

How staging your home can increase your investment property resale value

26 01, 2018

How staging your home can increase your investment property resale value

By Vaughn at Flipside Homes|2018-01-22T10:32:13-08:00January 26th, 2018|Investment Properties|

Having an investment property is all about profit. If you are looking to resell, one of the most effective ways to maximize your value is to have your investment property staged before putting it on the market. However, not all staging is created equal, so how do you get the most bang for your staging buck? Staging tips and tricks to help maximize your investment property’s resale value 1. Don’t forget about the outside First impressions are important, especially when it comes to homes. While many people stage the inside of their investment properties, few people remember to think about the outside. Staging the outside of a property is a big project, and it can suck up both time and money. So if you are on a budget or have little time to stage your property, we suggest that you

Flipping a house? Where to spend your renovation dollars

25 11, 2017

Flipping a house? Where to spend your renovation dollars

By Vaughn at Flipside Homes|2017-11-18T12:58:45-08:00November 25th, 2017|Investment Properties|

If you’re flipping an investment property, you will want to be smart about your renovation budget. For a flip, every dollar counts as we consider the resale value of the home. By thinking practically – rather than emotionally – about the best places to invest in your renovation, you can create a look that appears to have a high price tag, but was achieved for only a small investment. Flipside Homes specializes in helping property investors flip homes and condos with well-managed home renovations in Vancouver and area. Use the tips below to plan a profitable renovation on your investment property. Renovate the kitchen A renovation to the kitchen, even on a budget, almost always results in a higher resale value for the home. Although kitchen renovations can be expensive, they can also be done well on a tight