The Good, The Bad & The Ugly: What Every South Louisiana Home Buyer Needs to Know About Flipped Houses Before You Buy | RE: Real Estate
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
benharang.com
Clint C. Galliano, REALTOR®
La. License #: 995704723
Keller Williams Realty Bayou Partners
Mobile: 985.647.4479
Office: 985.262.4400
clintcgallianorealtor.com
Produced by:
Clint Galliano
Music by:
Wiggins Studios
Creators and Guests
Host
Ben Harang
Ben Harang brings over 30 years of experience as a licensed agent and currently works with Keller Williams Realty Bayou Partners. Ben’s experience includes single family residential sales, large land sales, subdivision development, building new construction residential and commercial projects and selling REO/Foreclosed properties.
Host
Clint C. Galliano
Clint Galliano, who’s been an agent since 2020 & an investor since 2008, also with Keller Williams Realty Bayou Partners. Clint’s experience includes residential sales, residential rentals, property management, and various avenues of investing.
