By Bobby Curtis, February 4, 2019
I shared the 5 mistakes to avoid before flipping a house with Tra’Renee from Afternoon Live on Friday. Whether you’re a seasoned house flipper or you’re getting ready to restore your first one, you could probably get a good nugget or two from watching my short interview. Check it out here.
- Putting in materials and finishes that don’t work
- Find out what finishes are being used for houses selling quickly in the area. Use those.
- Consider working with a designer or an experience REALTOR® in this area.
- Buying a house to flip with no good comparable houses
- Flipping a house shouldn’t feel like a guessing game.
- Work with a REALTOR® who can show you there are other houses like the one you want to buy that other buyers have bought for the price you need to sell yours for.
- Look for evidence of houses selling for a lot more that are in much better condition. Take surrounding houses into consideration
- Putting the house up for sale before it’s 100% complete. One chance to make a good first impression.
- There are many houses I have walked into with evidence of work not being complete, door knobs falling off. No matter if that is the only doorknob loose in the house, it will BE the representation of that house.
- All DIY
- Hire professionals to do the professional work.
- Taking too long
- You had good intentions to flip the house in 2-3 months, and pretty soon that turned into more work than you thought. 9-12 months later you are ready to list.
- A market can shift dramatically in 9-12 months. I like to buy a house, restore it, and sell it in the same market
- Taking too long also kills personal morale. Keep that moment going.
Interested in more? Learn whether a house makes a good candidate to flip or not to flip here
Principle Broker
Licensed in Oregon
Licensed Contractor
CCB# 215071
503-502-3066
Bobby Curtis
Principal Broker | OR
He/Him
Meet Bobby Curtis. Buying agent. Listing agent. Renovator.
A down-to-earth Midwesterner, Bobby graduated from the University of Michigan, and headed to Portland in 2004. He began a career in the pharmaceutical industry focusing on sales, marketing, and consulting. In those five years, he was even lucky enough to roam around Europe for short assignment in Switzerland. When he came back to Portland he took some time to discover what he was really interested in. Homes. More specifically, architecture, restoration, and entrepreneurship. After getting his real estate license in 2011, he purchased his first house in Portland to restore, redesign, then sell. Bobby rolled up his sleeves and started in on what would become his real career interest – transforming distressed houses into stand out homes by discovering the beauty of each unique property. Since that time Bobby has bought and restored several houses each year in Portland, both large and small, with great success. Armed with extensive first-hand knowledge of restoration, Bobby offers his clients an exceptional eye to pinpoint property potential and value. Whether you are searching for a complete fixer property, or a shining, buttoned-up stunner, he is skilled and enjoys guiding clients through the process of finding the perfect place. If you are selling your home or investment property, Bobby showcases his clients homes like he was selling his own. That kind of attention to detail will present all of the property’s best features. It's because he has bought and sold properties of his own each year, that he better understands what it’s like to be in his clients shoes, and to navigate through the current real estate market. As an experienced broker and professional, Bobby is able to negotiate the best price and terms for his clients. If you’re looking to get a sneak peak of Bobby in action, you can watch him on an episode of First Time Flippers on the DIY Network, where he helped his mom flip her first house. Or you can catch him on KATU’s Afternoon Live daytime talk show once a month, discussing Portland Real Estate and House Restoration. Check it out here Contact Bobby at: 503-502-3066 bobby@livingroomre.com Licensed Contractor #215071- T: 503-502-3066
- bobby@livingroomre.com
