The concept behind house flipping is simple: locate a house below market value, make some repairs and sell it at a profit. Your profit is determined by subtracting your purchase price and expenses from the sale price. While buying a house and flipping it is a more significant risk than rental properties, there can be a greater return on investment in terms of percentage yield. Other than that, flipping houses can be a lot of fun to do! Vutech | Ruff, Cutler Real Estate will help you find homes for sale and determine if you’ll meet the return on investment that you need. Buying and flipping real estate is a lucrative career for many – call us today to learn more about how Vutech & Ruff can help you start your real estate investment portfolio.
Best Neighborhoods to Invest in Columbus, OH for Flipping
When you decide to invest in properties to buy and flip, one of the most daunting tasks is determining which neighborhood or community is starting to heat up. The team at Vutech | Ruff, Cutler Real Estate has taken a little of the guesswork out for you with the following list of best neighborhoods to invest in Columbus, OH, to buy and flip houses in:
- Italian Village: Once a neighborhood of Italian immigrants, Italian Village has undergone an incredible resurgence that brought new dining, shopping, and living spaces.
- Franklinton: This area, known for reinvention, creativity, and crafts, has a thriving community that potential buyers are sure to fall in love with.
- Olde Towne East: With around 50 different architectural styles of homes, this area has been undergoing a significant revitalization over the past few years, making it a popular spot for homebuyers.