The first step in the house flipping process is the most crucial to your success — finding a property or properties with profit potential. Following are some ideas of where to look:
- Look for dontwanners in your neighborhood — vacant, unkempt homes the owners "don't want."
- Search on Auction.com.
- Read local foreclosure notices, available through your county's sheriff's office or register of deeds.
- Contact banks to find out about real estate owned (REO) properties.
- Network with probate, bankruptcy, and divorce attorneys.
- Search HudHomeStore.com.
- Team up with a Realtor.
