Charlotte NC - One of America's Top 10 Recession Proof Cities...According to Forbes.com
Charlotte's recent inclusion at #9 on Forbes.com's "Real Estate...America's Recession-Proof Cities" top 10 list, provides another affirmation that Charlotte's r ...
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Real Estate Agent |
RAINMAKER 6,871 |
| Randy Powell | ||
| Broker - Concord & Kannapolis NC | ||
| location_on Kannapolis, NC — The Powell Team | ||
| insert_link http://www.thepowellteam.net | ||
| web Randy Powell's (randypowell) Blog | ||
Get to Know Randy Powell
I provide professional real estate services to buyers and sellers of residential property. Whether you're a first time home buyer, up-sizing, down-sizing, relocating to or from the area, looking for investment properties or houses to flip, I will put my skills and the resources of The Powell Team to work for you!
The Powell Team provides full service real estate services for the Charlotte Metro Area, including Mecklenburg, Cabarrus, Iredell, Rowan, and Union counties as well as the Lake Norman Area. Our local expertise and extensive real estate experience will benefit you whether you are serious about buying or selling a home at this time, or are a returning client checking out the many homeowner resources we offer.
Buying a home? We look forward to helping you find the home of your dreams by taking time to understand your needs and desires.
Selling a home? Our real estate expertise and effective marketing programs, combined with cutting edge technology and marketing tools, will give you the exposure and edge you need to sell your home quickly for top dollar.
Investing or flipping? We have a successful track record of working with investors flipping homes. For more information on this service, please see the "Flip That House" section below.
Returning Client? We appreciate the opportunity to continue to serve you and hope you take advantage of the valuable resources we provide. Come back to visit often!
We consider this community an excellent place to reside and would love to share with you our enthusiasm for the many neighborhoods that encompass it. We pride ourselves on providing unparalleled service and look forward to developing a long-term relationship with you. Contact us anytime, so we can discuss your real estate needs. CONTACT US
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Charlotte NC... #1 Best Place to Live + #9 Recession-Proof City + High Foreclosure Rates = #1 Best P
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Certifications
The House:
With all the information available to us via the internet, today's buyers are more savvy than ever! That being said, you need to be informed and educated before investing in real estate. If you expect to get full retail value for your flipped real estate property, it must be mechanically sound and look great! The floor plan should have a nice open flow and the kitchens and baths must be totally updated to retail grade, not rental grade. The house's exterior should reflect the updates on the interior with nice landscaping and eye-catching curb appeal. As a rule of thumb, be prepared to spend around 10% of your real estate flip budget for landscaping. If you're going to allot $20,000 on your renovations, plan on $2,000 of that going into landscaping. Keep it simple, green and clean! Given the same level of renovations on similar homes, the house with the landscaped yard will sell quickly; the other one will sit on the market. If you invest wisely and renovate wisely, you can expect a very good return on your real estate investment.
The Investor:
Everyone knows that the Charlotte real estate market remains strong, and is a great place to flip homes. But don't be afraid to flip when the market goes cold or flat. Markets don't dictate profits, deals dictate profits. If you know how to get good deals, you can flip in any market! The way to maximize profit on any real estate deal is on your way INTO the deal. Know how much you need to pay for a house in order to achieve your profit goals when you sell it. If the seller won't sell at the price you need for your desired profit, walk away. If you can get it at the price you need, buy it! You will never make money in real estate by sitting on your assets.
Your Team:
Assemble your team. Home flipping is a TEAM sport and the stronger your team is, the more successful you will be. First, you will need to find an experienced Real Estate Agent, one who knows the market and can help you spot good investment opportunities. Then you will need a banker who is familiar with the investment market, and is willing to work with you. Lastly, you will need skilled sub-contractors who will complete the project on time and within budget.
The Powell Team:
The Powell Team has extensive real estate experience, local market knowledge and established relationships with bankers and sub-contractors. We partner with investors, helping them to identify and purchase under-valued properties. Using CMAs, we will help you determine the price a house will likely sell for after renovation. And then we will help you work backword to determine how much you can afford to pay for a house, making your target ROI. If you are thinking about building wealth by investing in the real estate market, we will be happy to talk with you. You can visit our website for more information, and get started today.
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I work with buyers and sellers of residential properties, partner with investors and help flip homes. Charlotte, Concord & Kannapolis, NC. Mecklenburg, Cabarrus, Union & Rowan County, North Carolina.