“You flip houses? I want to do that. How do I get started?” We are asked this many times over. The question is usually followed by a knowing smile between Dave and I. Our response begins with the word “flip". The definition of flip, meaning to turn over, upturn, or capsize is the most inaccurate definition of why we do what we do. People don’t buys sticks and bricks, they buy a feeling and we carefully choose houses that we can restore (not flip) into someone’s forever home. One they feel connected to. If you are considering investing in a real estate renovation, consider these 10 tips.
Failure is the best teacher! Start at a level that should you fail, it is not catastrophic. Dave’s first five homes were around $25-35000.00, then up to $100,000.00 and now we consider homes up to a million dollars with our Restoration Harmony team. With 25 years experience every home is different. We still make mistakes, we learn everyday from our clients, our contractors, and everyone we collaborate with. That is the beauty in the mess, not flipping over but restoring something to its potential, believing in yourself, trusting your team, finding solutions and in the end turning sticks and bricks into someone’s forever home.
Angela and Dave Schrad
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