SD CRE Blog

San Diego Creative Real Estate Investors

Find a Fixer Upper in San Diego

Investors look for a good cheap deal when they buy a house to flip. With tight inventory, fixer upper deals have loads of multiple offers within a few days of being on the MLS.  Many first time home buyers also are buying fixer upper properties and putting in their own “sweat equity.”  First time home buyers can “afford” to pay more for the fixer upper house since they will be living in it and paying the mortgage.  Investors need a large spread between the buy price and the sell price to make money on the deal. With tight inventory and competition from first time home buyers, investors who flip find it hard to land a deal.

If you find a realtor who knows rehab, they can find you a property if you put in your offer right away.  You and your realtor need to know the comps in the neighborhood to make an offer at a price that will make you money.  Gerry Klassen searches for distressed properties and fixer uppers in San Diego every day so you, the investor, can focus on getting the deal and doing the remodel.  Watch the video and give him a call.

Many things can be hidden from view when you buy a fixer upper. Fixing these items may cost more than you bargained for. Your best strategy to buy a fixer upper home is to consult with experienced investors and rehabbers. If you buy a fixer upper from an experienced wholesaler, often you can find out what needs to be fixed before you buy. At HonestDeals4u.com we find the best fixer upper properties so you can make money. At WiseWealthUniversity we have detailed investor education, training and coaching to make your next fixer upper investment profitable.  Email our office for info on our investor training or go to our wholesale site to buy a fixer from us. HonestDeals4u.com

FREE Scope of Work Class for a Remodel House

Rehab Deal in Poway

Are you afraid of losing money on a Rehab?
Problem Solved! FREE Training on site at a Poway REHAB

Saturday April 2, 2011    1-3 PM

What you will learn:

How to choose the right house.

ANALYZING the deal.

How much rehab to do – estimating your repairs.

Proposed budget for the rehab and new energy requirements since 1/1/2011.

How to change layout and flow.

Exit Strategy? Comps for the Property.

Managing your contractors and costs.

Receive a Copy of the Architect’s Plans.

Janice Bell (Energywise Properties, Inc.) and her partners share their broad experience with numerous rehabs in a variety of markets, so you can profit today. Their hands on “lab” approach builds confidence and propels you into your next profitable deal.

Please RSVP with your contact info:

classes@energywiseproperties.com

And we will send the details including address and directions.

Attendees of our classes and tours have said:

Deb S: “Very informative and everyone was engaged. We were really surprised with the
amount of information.”
Denise V: “So much practical info! You are extremely knowledgeable!”
Steve S: “I‘ve never been to any training quite like it.”

San Diego Properties Available

investment property san diego

We have some San Diego deals that are bought to us by realtors. Currently, a 4-plex, a 6 bedroom and a coastal townhouse. Go to Honest Deals 4 U to get more info.

Buying a Fixer Upper

[youtube]http://www.youtube.com/watch?v=YO1GIR-jiIY[/youtube]
These days everyone is looking for a good cheap deal when they buy a home. Investors are definitely taking advantage of the foreclosure market and buying fixer upper homes. Many first time home buyers are also buying fixer upper properties and putting in their own “sweat equity.” They are hoping to cause the value of the home to be higher than the value of the money they put in with cash and/or borrowing power. Many things can be hidden from view when you buy a fixer upper. Fixing these items may cost more than you bargained for. Your best strategy to buy a fixer upper home is to consult with experienced investors and rehabbers like us at EnergyWise Properties. If you buy a fixer upper from an experienced wholesaler, often you can find out what needs to be fixed before you buy. Wholesalers find the best fixer upper properties for the rehabber/buyer to make money. At EnergyWise Properties we have detailed investor education, training and coaching to make your next fixer upper investment profitable.  Contact our office for info on our investor training or go to our web site to buy a fixer from us.   EnergyWiseHomeSellers.com

Foreclosed Homes – Garages converted to a bedroom

[youtube]http://www.youtube.com/watch?v=IT-OiVeIyQo[/youtube] On our last foreclosed homes investing tour, we learned a ton about how to buy and rehab REO houses.  We had 2 contractors on the tour.  Their insights and cost analysis were invaluable to everyone on the REO tour.  I want to share with you some video footage of garages converted to bedrooms or recreation rooms.  Sometimes this is obvious and in other cases it is hard to see unless you have looked at many other homes.
To sign up for a tour email us at info@energywiseproperties.com
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