Three Types of House Flippers by real estate expert Clyde Brown

A lot of property investors in Fremont California go into that part of real estate to become what is known as a house flipper. In this position, they purchase real estate in Fremont California with the goal in mind to immediately sell the property in Fremont California so that they can turn a profit. In our conversation we will look at three different types of house flippers.  

Position #1 – The person that gathers the information

This position is also known as the scout and the main idea is to get as much information about a possible transaction in Fremont California and then sell that information to other investors. This is a great position to get into if you are just starting out because you don’t need any money or really any prior education to get started. The job entails finding property in Fremont California that motivates a seller to get rid of it a price that is below the market value. This is usually someone that is in either an emotion-packed or financial situation.

Position #2 – The Dealer

Much like the information gatherer, this type of house flipper will also look for prospective transactions in Fremont California for other investors. Through what is known as a purchase contract, he will actually control the property where the information gatherer or the scout did not. The dealer may put down some money on the property in Fremont California. This type of position will assume more risk, but can also make more money.

Position #3 – The Retailer

The dealer usually sells the transaction or property deal in Fremont California to the retailer. The retailer is the one that will have the funds to fix up the property in Fremont California and then turn around and sell it at full price to a buyer. The retails is the one person that will absorb the most risk, put up the most money and in the end will make the biggest profit.  This position is also the one that will take the longest time to make the profit. The dealer will often get assistance from a real estate agent like Clyde Brown.

There is a lot of free information available to you about buying, selling, investing, or relocating in the Fremont real estate market. For complete information about the Fremont Ca real estate market including current Fremont homes for sale, property values, market conditions and more please visit the most complete website dedicated to everything Fremont real estate related. www.ClydeBrownHomes.com.

If you or someone you know are in need of a competent and experienced Fremont real estate agent in or near Fremont Ca, or have real estate or mortgage related questions, please feel free to contact me I will be more than glad to answer your questions. Call me at 800-839-0665 or email me at Clyde@ClydeBrownHomes.com. Clyde Brown Legacy Real Estate & Associates.