Jack Mortellaro has been working in the construction industry for nearly twenty years. Jack Mortellaro is the owner of Diamond Construction Properties and has helped flipped hundreds of houses during his career. House flipping has once again become a rewarding way to make a profit for many real estate investors.
2. Jack Mortellaro has been
working in the
construction industry for
nearly twenty years.
Jack Mortellaro is the
owner of Diamond
Construction Properties
and has helped flipped
hundreds of houses
during his career. House
flipping has once again
become a rewarding way
to make a profit for many
real estate investors
3. If you’re considering getting into the business of
flipping houses, there are a few things you’ll want to
avoid doing if you want to ensure you’ll turn a profit.
4. 1. Be careful not to go over budget on the initial
purchase of the home. You may end up with
additional costs for upgrades or contractor costs.
2. Never purchase a home without getting an
inspection. If the house has a few cracks in the
foundation, or a leaky window, it could be an easy
fix or a major expense. Even if you’ve already put
an offer in on the house, make sure to get an
inspection before going to closing.
5. Don’t ignore upgrades that should be done. Some
houses will only need a fresh coat of paint or new
carpeting. Others, however, may need new
plumbing or new appliances. Making these
necessary upgrades will get you a higher return on
your investment.
Like many other business ventures, flipping houses
takes time, money, patience, and skill. Jack
Mortellaro is a successful real estate investor and
the skilled owner of Diamond Construction
Properties