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Five Tips for Anyone Wanting
to become a Real Estate
Investor

Real Estate Dorota
Dyman & Associates
Blog
Real Estate Dorota Dyman & Associates Blog
Flipping houses in the Temecula/Murrieta Valley and across the Inland
Empire has been a lucrative venture for investors for many years. Many
think it is a quick way to a fast buck. Many have tried and many have
failed. Flipping houses is serious business and should not be taken lightly
by the novice real estate investor. Before you begin down this path,
prepare yourself. Here are five quick tips to help you understand what
you’re in for, before you actually start investing your money.
1. You need to know that it’s work.
You need to work with a good local REALTOR® who understands the local
market. A local REALTOR® can not only help locate profitable homes
through the Multiple Listing Service (MLS) but will be able to lead you to
other lesser known resources as well. When it’s time to sell the home your
REALTOR® will know the market and help you achieve the greatest price
for your fix and flip home for sale.
Real Estate Dorota Dyman & Associates Blog

2. If you are buying low, you’ll need to spend more.
 
The  whole  concept  of  discounted  homes  for  sale  is  that  they  need 
repairs and upgrades. There is no reason for someone to sell a turnkey, 
state-of-the-art home for a discounted price. It takes time and money 
to get a home ready to flip and generate the largest possible profit.
 
Contractors are an important part of your team, so start lining them up 
now.  Yes,  you  should  be  able  to  do  some  work  yourself,  but 
understand that time is money – how much time do you have to invest 
in  the  project?  The  quicker  it  sells,  the  quicker  you  get  paid  and  the 
money you have tied up is free again.
Real Estate Dorota Dyman & Associates Blog
3. The kitchen makes the sale.
 
The  one  room  that  swings  more  sales  is  the  kitchen.  Here  in  the 
Temecula/Murrieta Valley, kitchens should have recessed lighting, solid 
surface  countertops  and  high-end  matching  appliances  if  you  want  to 
capture  the  ‘wow’ factor.  Upgraded cabinets,  a  full  backsplash,  underthe-counter lights and tile/hardwood floors all do their part in closing a 
deal.
 
4. Garage doors are part of curb appeal.
 
There’s  nothing  worse  than  selling  an  upgraded  home,  beautifully 
landscaped  with  a  nasty  old  wooden  garage  door  (just  as  bad  is  a 
dented,  metal  roll-up).  People  do  judge  books  by  their  covers  and 
houses  by  their  curb  appeal.  The  garage  door  is  the  first  thing  anyone 
sees, so make sure it’s memorable. First impressions count.
Real Estate Dorota Dyman & Associates Blog

5. In landscaping, less is more.
 
When  a  potential  buyer  is  considering  purchasing  a  new 
Temecula/Murrieta  home,  they  want  it  to  look  nice.  What  they  don’t 
want  is  a  lot  of  high-maintenance  landscape,  no  matter  how  stunning. 
Remember your audience, most home buyers in our Valley are working 
families  who  don’t  have  all  week  to  tend  to  the  grounds  nor  do  they 
want  to  spend  all  weekend  doing  it  either.  Keep  your  landscape  clean 
and simple and don’t forget the back and side yards, too.
 
If you are considering getting into the real estate investment business, 
either  as  a  part-time  venture  or  your  life’s  work,  know  what  you  are 
getting  yourself  into.  Follow  these  simple  suggestions  and  you’ll  be 
making your first trip to the bank from escrow in no time.
Real Estate Dorota Dyman & Associates Blog

Call  us  today  and  get  the  information  you  need  to  make  the  right 
decision. The info is free, call now! (951) 296-8887.
 
Questions  regarding  available  inventory  and/or  other  real  estate 
matters  please  contact  me,  Mike@GoTakeAction.com.  Mike  Mason, 
Broker/Owner  of  MASON  Real  Estate  Cal.  BRE:  01483044,  Board  of 
Director  of  your  Southwest  Riverside County Association of  Realtors® 
(SRCAR),  Traveling  State  Director,  California  Association  of  Realtors® 
(C.A.R.).
 

Check my Source:
http://www.myvalleynews.com/story/76277/
Real Estate Dorota Dyman & Associates Blog

Call us today and get the information you need to make the right
decision. The info is free, call now! (951) 296-8887.
Questions regarding available inventory and/or other real estate
matters please contact me, Mike@GoTakeAction.com. Mike Mason,
Broker/Owner of MASON Real Estate Cal. BRE: 01483044, Board of
Director of your Southwest Riverside County Association of Realtors®
(SRCAR), Traveling State Director, California Association of Realtors®
(C.A.R.).
Check my Source:
http://www.myvalleynews.com/story/76277/

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Real Estate Dorota Dyman & Associates Blog

  • 1. Five Tips for Anyone Wanting to become a Real Estate Investor Real Estate Dorota Dyman & Associates Blog
  • 2. Real Estate Dorota Dyman & Associates Blog Flipping houses in the Temecula/Murrieta Valley and across the Inland Empire has been a lucrative venture for investors for many years. Many think it is a quick way to a fast buck. Many have tried and many have failed. Flipping houses is serious business and should not be taken lightly by the novice real estate investor. Before you begin down this path, prepare yourself. Here are five quick tips to help you understand what you’re in for, before you actually start investing your money. 1. You need to know that it’s work. You need to work with a good local REALTOR® who understands the local market. A local REALTOR® can not only help locate profitable homes through the Multiple Listing Service (MLS) but will be able to lead you to other lesser known resources as well. When it’s time to sell the home your REALTOR® will know the market and help you achieve the greatest price for your fix and flip home for sale.
  • 3. Real Estate Dorota Dyman & Associates Blog 2. If you are buying low, you’ll need to spend more.   The  whole  concept  of  discounted  homes  for  sale  is  that  they  need  repairs and upgrades. There is no reason for someone to sell a turnkey,  state-of-the-art home for a discounted price. It takes time and money  to get a home ready to flip and generate the largest possible profit.   Contractors are an important part of your team, so start lining them up  now.  Yes,  you  should  be  able  to  do  some  work  yourself,  but  understand that time is money – how much time do you have to invest  in  the  project?  The  quicker  it  sells,  the  quicker  you  get  paid  and  the  money you have tied up is free again.
  • 4. Real Estate Dorota Dyman & Associates Blog 3. The kitchen makes the sale.   The  one  room  that  swings  more  sales  is  the  kitchen.  Here  in  the  Temecula/Murrieta Valley, kitchens should have recessed lighting, solid  surface  countertops  and  high-end  matching  appliances  if  you  want  to  capture  the  ‘wow’ factor.  Upgraded cabinets,  a  full  backsplash,  underthe-counter lights and tile/hardwood floors all do their part in closing a  deal.   4. Garage doors are part of curb appeal.   There’s  nothing  worse  than  selling  an  upgraded  home,  beautifully  landscaped  with  a  nasty  old  wooden  garage  door  (just  as  bad  is  a  dented,  metal  roll-up).  People  do  judge  books  by  their  covers  and  houses  by  their  curb  appeal.  The  garage  door  is  the  first  thing  anyone  sees, so make sure it’s memorable. First impressions count.
  • 5. Real Estate Dorota Dyman & Associates Blog 5. In landscaping, less is more.   When  a  potential  buyer  is  considering  purchasing  a  new  Temecula/Murrieta  home,  they  want  it  to  look  nice.  What  they  don’t  want  is  a  lot  of  high-maintenance  landscape,  no  matter  how  stunning.  Remember your audience, most home buyers in our Valley are working  families  who  don’t  have  all  week  to  tend  to  the  grounds  nor  do  they  want  to  spend  all  weekend  doing  it  either.  Keep  your  landscape  clean  and simple and don’t forget the back and side yards, too.   If you are considering getting into the real estate investment business,  either  as  a  part-time  venture  or  your  life’s  work,  know  what  you  are  getting  yourself  into.  Follow  these  simple  suggestions  and  you’ll  be  making your first trip to the bank from escrow in no time.
  • 6. Real Estate Dorota Dyman & Associates Blog Call  us  today  and  get  the  information  you  need  to  make  the  right  decision. The info is free, call now! (951) 296-8887.   Questions  regarding  available  inventory  and/or  other  real  estate  matters  please  contact  me,  Mike@GoTakeAction.com.  Mike  Mason,  Broker/Owner  of  MASON  Real  Estate  Cal.  BRE:  01483044,  Board  of  Director  of  your  Southwest  Riverside County Association of  Realtors®  (SRCAR),  Traveling  State  Director,  California  Association  of  Realtors®  (C.A.R.).   Check my Source: http://www.myvalleynews.com/story/76277/
  • 7. Real Estate Dorota Dyman & Associates Blog Call us today and get the information you need to make the right decision. The info is free, call now! (951) 296-8887. Questions regarding available inventory and/or other real estate matters please contact me, Mike@GoTakeAction.com. Mike Mason, Broker/Owner of MASON Real Estate Cal. BRE: 01483044, Board of Director of your Southwest Riverside County Association of Realtors® (SRCAR), Traveling State Director, California Association of Realtors® (C.A.R.). Check my Source: http://www.myvalleynews.com/story/76277/