Jasz
VIP Contributor
There are some neighborhoods that are just better than others. If you're buying a house to sell, then you want to buy in an area where there are plenty of people looking to buy.
The first step is figuring out what kind of demographic you're looking for. Are you looking for a family neighborhood, or do you want to try and find a house in an up-and-coming area where there's growth potential?
Area amenities. Neighborhoods with plenty of amenities are great places for flipping houses because they attract potential buyers who want an upscale lifestyle without having to pay high prices for it. This includes access to public transportation systems and parks, restaurants, stores and other attractions within walking distance from your home or apartment building so that people don't have to travel too far away from their homes just for basic necessities like groceries or clothing items or other things they might need at the moment but don't
Once you've figured out what kind of neighborhood works best for you, it's time to start looking at houses. Once again, there are several websites that can help with this process:
Traditional real estate sites like Zillow and Trulia have maps that show houses in your area that have sold recently. This will give you an idea of what prices people are willing to pay in various areas and how much room there is for improvement on any given property.
Craigslist is always a good place to look for deals on homes that need work because many sellers aren't putting their properties up on other services like Zillow or Trulia until they're ready to sell them (or not). However, most of these websites listed works depending on your location.
The first step is figuring out what kind of demographic you're looking for. Are you looking for a family neighborhood, or do you want to try and find a house in an up-and-coming area where there's growth potential?
Area amenities. Neighborhoods with plenty of amenities are great places for flipping houses because they attract potential buyers who want an upscale lifestyle without having to pay high prices for it. This includes access to public transportation systems and parks, restaurants, stores and other attractions within walking distance from your home or apartment building so that people don't have to travel too far away from their homes just for basic necessities like groceries or clothing items or other things they might need at the moment but don't
Once you've figured out what kind of neighborhood works best for you, it's time to start looking at houses. Once again, there are several websites that can help with this process:
Traditional real estate sites like Zillow and Trulia have maps that show houses in your area that have sold recently. This will give you an idea of what prices people are willing to pay in various areas and how much room there is for improvement on any given property.
Craigslist is always a good place to look for deals on homes that need work because many sellers aren't putting their properties up on other services like Zillow or Trulia until they're ready to sell them (or not). However, most of these websites listed works depending on your location.