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Investment & Flips Property Design & Cleveland Real Estate Market- Liat Doron - Post 3

Investment & Flips Property Design & Cleveland Real Estate Market- Liat Doron - Post 3

Hi friends, my third post here in the group. And I want to share with you today a little bit about how I came to design properties that are for investment and what made me realize that specializing in this niche is necessary for the real estate field in the US.

I saw, that it does not matter if you are an entrepreneur that this is their 50th deal or the first flip or rent you still need guidance on what to do if this property.

How to create an impressive look for the property where everything fits together respectively so that the deal will be snatched in a moment and not sit for half a year.

I realized that it is necessary, necessary to learn how to design a profitable property for investment. A property whose design price is relatively low but looks like a million dollars.

Designing at an expensive price is much simpler and easier. The wisdom is to design at a price where our deal is worthwhile and the customer feels he is in the house of his dreams.

I remember in the beginning that an entrepreneur I worked with uploaded to social media the photos of the property I designed for him.

In the comments, several developers wrote to him that without a doubt they see that the design is really prestigious and impressive and not just a design he chose from Home Depot.

And I'll tell you something… but do not tell… everything was from Home Depot. From the first product to the last.

It was a moment of happiness for me.

This is exactly the goal I am aiming for. That the potential buyer will enter the property and feel that it is an invested and impressive home and not that they have spared this home in details accuracy and thinking.

The goal in front of my eyes is a final product of an attractive and impressive home that increases the sale value and helps the property to be sold at the right price and quickly.

Over the years I have talked to developers and seen that they have three options when it comes to designing their property for investment-
* Choose for themselves.
* That the contractor will choose for them.
* Take a local designer who knows the market.

My husband, who is also a reallinsit, went through these three stages.

First he tried to design himself. But then I saw that he did not have the time or desire to start choosing the shade of the rifle (what is put between the ceramics) to be combined with the cladding on the floor. Or the light fixture that will fit in most beautifully with the kitchen faucet. He wants to run to the next deal, move forward and do what he knows best - real estate.

All his energies went out in every such project. What interfoot to order in the shower and how to find the same faucet that will suit it,

And by the time he sat down and selected all the products at last when he came to pay the next day he discovered that some of them had already come off the stock and then had to start making adjustments and combinations from scratch.

It is definitely discouraging when there are a lot of projects on the mind.

I also met many developers who decided to take the design into their own hands, sat many nights and planned and the houses came out stunning. And there is a big but, the houses were very beautiful but not in the style and taste of the Americans.

Americans have their preferences, their rules regarding closets, what they like in their master shower, the amount and intensity of lighting in the house, the type of floor or carpets and so on.

Continue reading on our site…
https://www.forumrealestateusa.com/en/2021/05/Entrepreneur-of-the-Week-Liat-Doron-Post-3-Specialization-Problem/

Cleveland: The ratio of multi-family buying price to rental:
https://www.forumrealestateusa.com/en/2021/05/A-question-for-Cleveland-investing-investors-seems-to-be/

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