Getting a Fixer Upper
November 4, 2009 by Customer Care
Getting a Fixer Upper in Des Moines - What to Look for in a Des Moines Fixer-Upper, by Des Moines Real Estate Experts RE/MAX Real Estate Concepts
Have you been thinking about getting a fixer upper in Des Moines as an investment that you can repair and sell later? Maybe you want to live in it. Either way, finding a good one can be a real money-maker, and if you know what you should be looking for you are all set. Here are a few ideas of what to look for when you are searching for a handyman’s delight in Des Moines as an investment.
1. Simple problems
You need to find a Des Moines house that looks incredibly ugly, yet has very simple problems. Painting, flooring and other superficial problems can be a gold mine in an old house. They can prevent a sale even when the Des Moines home is full of potential.
2.No structural problems
Structural problems in a home are usually too costly to repair when you are looking at the Des Moines home as an investment. Some structural difficulties can be difficult to spot, and you may need to call in a professional for a home assessment in order to find them.
3. A good neighborhood
Although it is more difficult to find a fixer-upper in a good Des Moines neighbourhood versus a bad one, you can spot some hidden gems that can equate to thousands of dollars in the long run. Take your time, and don’t be mislead by fixer-uppers in a rough part of Des Moines, which may take months to sell. They are simply not worth your time.
There are a lot of other items you should look for when you are searching the market in Des Moines for an investment opportunity. You can ask your [Profile.market] real estate agent for his help and guidance. He has worked with many real estate investors and knows which homes in Des Moines have the most potential for profit. To get started, all you need to do is call an agent and start.
If you need more free information about selling, buying or investing in Des Moines real estate and for everything Des Moines real estate visit us at Real Estate with RE/MAX. Please feel free to contact us with any of your real estate or mortgage related questions and we will be more than glad to answer your questions. Call us at 1-800-708-5890 or email us at dsm@realestateconcepts.net.
Filed under Des Moines Real Estate Blog
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