The Good, The Bad & The Ugly: What Every South Louisiana Home Buyer Needs to Know About Flipped Houses Before You Buy | RE: Real Estate

Keywords

real estate, house flipping, home inspection, renovation, property investment, quality flips, real estate podcast, home buying tips, renovation mistakes, real estate advice

Summary

In this episode of the RE Real Estate Podcast, hosts Ben Harang and Clint Galliano discuss the complexities of house flipping, exploring the good, the bad, and the ugly aspects of the process. They emphasize the importance of quality renovations, the potential pitfalls of poorly executed flips, and the necessity of thorough inspections. The conversation is filled with real-life anecdotes and practical advice for prospective buyers and investors in the real estate market.

Takeaways

·         Quality flips take care of all details.

·         Look critically at flip houses to avoid surprises.

·         Permits are essential for any renovation work.

·         Don't be fooled by cosmetic improvements.

·         Inspectors provide an objective opinion on properties.

·         Just because it looks good doesn't mean it is good.

·         Ask for documentation on renovations and permits.

·         Be cautious of hidden issues like mold or termites.

·         Understand the true condition of the house before buying.

·         Flipping houses is an adventure that requires due diligence.

Sound bites

"It's literally lipstick on a pig."

"You need to make your own decision."

"These things take time, they take money."

Chapters

00:00 Introduction to Flip Houses

01:05 The Good of Flip Houses

07:30 The Bad of Flip Houses

12:01 The Ugly of Flip Houses

15:37 Conclusion and Final Thoughts

Hosts 

Ben Harang, REALTOR® La. 

License #: 36589 

Keller Williams Realty Bayou Partners 

Mobile: 985.859.2500 

Office: 985.262.4400 

[email protected]

benharang.com 

Clint C. Galliano, REALTOR® 

La. License #: 995704723 

Keller Williams Realty Bayou Partners 

Mobile: 985.647.4479 

Office: 985.262.4400 

[email protected]

clintcgallianorealtor.com 

Produced by: 

Clint Galliano 

Music by: 

Wiggins Studios

Click here to view the episode transcript.