With property values on the rise in California, this is an excellent time to be in the real estate market. There are large numbers of distressed properties available with great potential for profit. Buying, renovating and flipping properties is a lucrative approach to real estate, as long as the investor avoids three common mistakes.
The appraisal of your investment property’s value is not something you should take lightly. After all, a low-ball appraisal could kill your plans to sell it and make a profit. But is there really anything you can do to influence the appraisal value?
The answer is “yes.” There are some simple steps you can take which, if done correctly, could add hundreds, in some cases even thousands, of dollars to your appraisal value. Here are 6 inexpensive steps that are well worth your effort:
Fix Up, Clean Up
For most people, buying real estate represents a major investment. In exchange for committing large sums of money, you should be able to receive an excellent return over time. On the other hand, if you make the wrong investment, you stand to lose a great deal of money. Here are eight tips to help your investment perform well.