The two-bedroom, two-bath home is on the edge of Joshua Tree National Park, sitting on a hill with beautiful views of the Mojave Desert down below. Arkansas Real Estate Investors Association. The reason our team at Desert Flipper is able to purchase properties very quickly is because we use our own money, which means the sale is more secure and we can close faster than a traditional buyer. Sedona, Arizona. We find motivated sellers and bring those value-rich, flip houses for sale to you. New Western removes obstacles, so you dont have to. Eric told The Desert Sun, "Four or five years ago you could trip on the sidewalk and find a distressed property. At the end of the day all your effort does not guarantee you will find the right buyer. With good ratings for the pilot, HGTV ordered a full season, and as they say, the rest is history. What are the best real estate lead generation options today? $34,990 . Its finding the right property at the right time. Lindsey is an American real estate mogul, interior designer and television celebrity who has had great success with her partnership with her husband in the television reality show called Desert Flippers. Far from feeling like they dont have a real home, Lindsey says she sees this as an opportunity to have an adventure every few months. Agents can be a wonderful asset when selling your house, however, it is not the only strategy you should consider. . As long as an . With lucrative ads and additional exposure from the show, their worth will probably increase significantly in the future. Homes flipped in 2016 sold for a median price of $189,900, a gross flipping profit of $62,624 above the median purchase price of $127,276 and representing a gross flipping return on investment of . "We were on a couple of commercials for that and in a couple magazine ads, but had no real history of doing anything else," he said. TREC License #264487 Oklahoma City OREC License #176150 Orlando FREC Copyright 2023 S Media International Corporation. In speaking with People about the work it sometimes takes to convince Lindsey to go along with a purchase, Eric said, "I usually have to swindle or trick Lindsey to get into the car with me, and she thinks we're going to a romantic lunch or something and then boom! A few weeks later, they were officially a couple, and six months later, the pair packed cars and moved down to Palm Springs, where Lindseys cousins owned and operated their own real estate company. They explained to Agent Magazine that flipping houses as a secondary job is a smart business strategy because flips can be done as opportunities present themselves. Not to mention; extra mortgage payments and tax payments taking money away from your bottom line. Email us! Join the party! I get a wonderful feeling of accomplishment from the before and after pictures and a nice check to deposit in the bank account. Desert Flippers premiered on HGTV in 2016 and has since become one of the network's most popular shows. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. The TV show recorded its inception in 2016 and has been a tremendous success since then. Our largest challenge is that we don't have the bandwidth today to source deals. Find real estate price history, detailed photos, and learn about the Paradise Springs neighborhood & schools on homes.com. There were 323,465 flips of condos and single-family homes, which was the highest in fifteen years. I knew I was ready to invest in something other than a savings account or the stock market. Price to Rent Ratio: 21 (high) Airbnb Rental Income: $2,219. And thats not all the family has been on the move for almost a decade at this point, moving to another home every six months on average. Since they are professionally active even during the taping of the show, they have two income revenues. Contact us today and lets see how we can work together! We are looking for houses that need work that we can buy, rehab, and (hopefully) sell for profit. The house comes with plenty of risks, however, including water damage, a drained pool, signs of termites and a funky floor plan. She says they all gave her the ability to stand in front of people, look and sound positive while presenting a house for sale.Lindsey Bennett. You are in no way obligated to take our cash offer if it does not align with your expectations. It's an area that's in the middle of a massive real estate boom . Our process is designed to give you full control of how you sell your home. 3 bath. The 70% rule is easy to calculate and is a great guide to follow to keep you from overpaying for property in California. Thats not including having to run expensive advertising campaigns to try and get buyers to come see the house. How To Find A Buyer For Your Rehab Property Fast. Each Office Independently Owned And Operated. Since 2016 the property power couple have been hosts of their own HGTV show: Desert Flippers. Please switch to a supported browser or download one of our Mobile Apps. It's an area that's in the middle of a massive real estate boom, so the projects the couple chooses are high risk which, for audiences, means high drama. The show helped the Bennett couple by exposing their business to a larger demographic, and they now have a huge number of clients in their region. Net Worth, Wife, Brother Rick, What happened to Andy Bassich on Life Below Zero? Son Chaeyoung (Twice) Tattoo, Height, Age, Boyfrie Where is Cory Everson (bodybuilder) today? This home is located at 786 W Palo Verde Dr Unit 2426683-60332, Casa Grande, AZ 85122 and is currently priced at $381,377, approximately $225 per square foot. We eliminate barriers for the beginning investor, so you can begin your journey, hassle-free. Pair Erics savvy business senses with Lindseys bold design sensibility and theres rarely a dull moment. In some cases, we will also let you stay in the house even after we close. $570,000 x 0.7 (70%) = $399,000. Used under license. When Eric and Lindsey Bennett roll the dice and bid on a property sight unseen, their winning bid looks like a good bet at first glance. Lindsey said of their connection, "One of the things that was so appealing about Eric to me was his ambition and our alignment of opportunities in life and what direction we wanted to go.". Before deciding whether to get a real estate license for your house flipping business, here are a few of the benefits of a real estate license. NREC License # C30657 Greenville SCREC License #25486 Houston TREC 3 Baths. Reality TV has been on the Bennetts' minds for some time. West PREC License #RO302498 Phoenix AZRE License #LC685615000 Lindsey does not only star on a hit TV show, but she also runs a real estate company with her husband, all while raising their children. Dilapidated homes in Palm Springs are renovated by married Wisconsin transplants. All rights reserved. We remove the uncertainty from the process by using our own cash and in a very quick turnaround time. When it comes down to renovating and flipping homes, there's definitely a division of labor in the Bennett business. Everyone with a show on the network has prior experience in the home improvement or real estate industry. Our team of dedicated real estate agents do all of the legwork for you. Mining data and local market knowledge, we carefully curate opportunities rich in untapped value. Vintage-cover posters, coffee mugs, jigsaw puzzles, tote bags, and more. ", The second flip house purchase of mine, was really a stepping stone for me. The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. We also work behind the scenes to eliminate problems, deliver a clear title and provide a fast, seamless process to close. He wound up winning $8,000. New - 23 hours ago New Construction. All information should be independently reviewed and verified for accuracy. Kids, competition, and triple-digit heat are only the beginning of Desert Flippers. The first 24 hours of any new listings For many people, when they think about selling their houses, the first thing they will do is look around for a local agent. Zillow (Canada), Inc. holds real estate brokerage licenses in multiple provinces. 442-H New York Standard Operating Procedures New York Fair Housing NoticeTREC: Information about brokerage services, Consumer protection noticeCalifornia DRE #1522444Contact Zillow, Inc. Dont wait another day, get your cash offer now by filling out our short form or calling us direct. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Sometimes when life sneaks up on us, we may not be financially prepared to handle the challenges ahead. The median home value is $420,001, it's seen a 1-year growth of 27%. Watch Season 3 now! That's why we turn to experts, like NW to help us!". But for as much time as they spend on real estate, their number one focus has always been on their family and their faith. 2023 Warner Bros. 4579 sq ft 6 Beds 4 Baths 4 Garages Pool: Yes. Not only does she star on TV, she also runs her own business with her husband all while raising their three children. And sure enough I got a call the next day.". View 4066 homes for sale in Desert Breezes, take real estate virtual tours & browse MLS listings in Palm Desert, CA at realtor.com. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. 9 of 68 10 of 68 S.A. real estate investor Armando . Asked by: Annabel Sanford. Press Esc to cancel. 5 sqft lot. 786 W Palo Verde Dr Unit 2426683-60332 is a . They count on the upgraded finishes and increased outdoor appeal to make this previously abandoned flip compete with the rest of the pack. Season 3, Episode 3 Flight Path Flip. Now that we are more experienced, we have time to focus on managing multiple properties at a given time with leads on new properties still coming to our inboxes daily. His mother, on the other hand, was a realtor even while he was growing up. LendingHome estimates that the average house flippers make $101,900 in profit per home. New Western agents are constantly hunting down local opportunities. The housing market in Palm Springs, CA is one of the fastest growing in the country. The . HGTV got their big house-flipping hit with 2013's Flip or Flop, and, if we're to judge by the current success of Desert Flippers, the trend isn't going anywhere anytime soon. Join the party! The flip seems like a simple job at first but when the cost of renovation begins to rise, the couple decides the house needs a little something extra to interest buyers. In Palm Springs specifically, the housing market isn't what it used to be. Divorce, New Show, What exactly Rick Lagina do? According to one data firm, flipped houses accounted for 9.6% of all home sales in the first quarter of 2022. Request your cash offer by submitting your contact information to us or calling us direct at: (602) 803-3723. She grew up in a family with a background in real estate and attended the University of Wisconsin-Madison to study business. View more property details, sales history and Zestimate data on Zillow. It is designed to be a starting point to help parents make baseline comparisons, not the only factor in selecting the right school for your family. In January 2019, Radar Onlinereported on an appearance the couple made at the Las Vegas Market Home and Gift trade show. single family is a 3 bed, 2.0 bath unit. 1,690 Sq Ft. . Mesa is a growing market that offers potential house flippers a great opportunity. Its FREE to get a cash offer from us, you have nothing to lose. Why spend all your time looking for real estate investment deals when you can have our licensed agents find the best property matches for your investment strategy? Powered by. In fact, everything Eric and Lindsey do on camera is exactly what they would be doing off camera. For Lindsey, the process is basically akin to taking a leap of faith, saying, "We're jumping in with both feet and we're going to struggle through it together with a smile on our faces and hope to get through it to a rainbow at the end.". By Benjy P. August 17, 2022. The unfortunate part is that these days turning a profit is something of a crapshoot. Erics first job was delivering newspapers while in high school, where his father was the math teacher. By January 2019, there was still no formal decision one way or another. (adsbygoogle=window.adsbygoogle||[]).push({}); If you have seen her interior design work on the show, you would be surprised to know that she actually doesnt have any formal training or schooling in interior design. The two met in a Verona Draft House when Lindsey was applying for a job and doing an interview. Find 59 photos of the 72715 Skyward Way home on Xome. They're active with their church, and they've even participated in fun outings during their offseason. But while house flipping may have been in their blood, their real inspiration for getting into the business came from a more surprising source. So we have 21 to 22 minutes to get a lot of content in." Lindsey told The Desert Sun, "It's such a short show. The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. So they are investor-friendly properties. Lindsey loves being in the public eye and interacting with the fans. Properties may or may not be listed by the office/agent presenting the information. We may receive a commission on purchases made from links. You may also be interested in single family homes and condo/townhomes for sale in popular zip codes like 92211, 92241, or three bedroom homes for sale in neighboring cities, such as Palm Desert, Palm Springs, La Quinta, Rancho Mirage, Indio. I also noticed a lot of people would say anything to sell me an investment property. But thats easier said than done, as any real estate investor will tell you. The show has been a massive success over the last few years dealingdouble-digit ratings for the network and landing a prime time slot for Season 3. "Real estate and house flipping experts Eric and Lindsey Bennett will showcase more So-Cal home renovations as HGTV renews Desert Flippers for a third season. To turn the property into the four-bedroom that it was advertised to be, they're going to have to completely reconfigure the floor plan and update everything. Join Our Team. But the potential reward is well worth the challenge for the investor willing to work for it. But when you go behind the walls of houses that live in triple-digit heat, you never know what you might find, scorpions, rattlesnakes, black widows and even squatters. Here's everything there is to know about the hit HGTV show. In addition, they own a property in Whitefish Bay as well as four others in Dane County. Show More Posts from desertflippers. Will There Be A Season 4 Of Desert Flippers? Report inappropriate content. When Eric and Lindsey arent recording the show, they are working on their private business. Flipping houses in Orlando is especially lucrative for BRRRR investors as it is considered one of the best places to buy a rental property. If our cash offer is the right option for you, we will open escrow and you can receive your cash in as little as 7 to 14 days, or on your timeline. Hear more from Eric and Lindsey Bennett, stars of HGTV's Desert Flippers, at this year's Philly Home + Garden Show February 14-16 at the Greater Philadelphia Expo Center at Oaks. House flippers: Media darlings Chip and Joanna Gaines or your remodeling-enthusiast uncle come to mind when you see the phrase "house flippers." Whether a small mom-and-pop operation or a larger business, flippers buy homes often in poorer condition and at a lower price with the intention of renovating them and reselling them for more. The Bennetts certainly love what they do. #REO40000121, MREC License #5012548, TREC Information About Brokerage Services. Of course, every experienced house flipper knows theres a lot of hard work, determination, and even failure, left on the cutting room floor. With producers Brian Seidel and Ronn Kulisek, they're walking through a scene in the great room of a 1,225-square-foot, flat-topped midcentury home, built in 1957. MLS #219093752 That dream fizzled out too, and he started a career in financing mortgages, meantime dreaming of flipping houses, but that only began after he met Lindsey. Their home transformations are equally stunning, and, with Chip and Joanna Gaines announcing their departure from HGTV in 2017, having an easy replacement seemed pretty lucky for the network. If you are at a point where you are thinking, I need to sell my house fast for cash, then you need a better solution than hoping to sell your house the traditional way. We will still work with you. The flippers have to make some hard decisions on design if they want to attract buyers while staying under budget and on schedule. SUNSET is a registered trademark of S Media International Corporation. He spoke with Palm Springs Life about his and Lindsey's appearance in Hydroxycut's before-and-after ads, following their completion of the company's weight loss program. This popular Baccarat model has high ceiling. More than that though, the Bennetts aren't just showcasing home interiors with their flips. Arkansas. Eric and Lindsey Bennett take on a property in disrepair that has been deemed a tear-down by the seller. . That night, they talked for hours about renovation and real estate, and the two realized they had a lot in common. According to The Desert Sun, Eric started down the television route two years before landing Desert Flippers, when, encouraged by his family, he auditioned for Family Feud and The Amazing Race. In this article, we explore seven of the best ways to find houses to flip: 1. In fact, weve paired enough investors with their ideal single-family investment property to become the largest private source of distressed investment properties in the nation. But in spite of once telling People that they aspired to be like the Gaineses, the Bennetts are actually less enthused about the comparison these days. View more property details, sales history and Zestimate data on Zillow. We took an RV all the way from SoCal to Wisconsin! He noted that "for them, the business is entertainment." When the Bennetts were first starting out, they may have been novice house flippers themselves, but they certainly weren't new to the industry. We are real estate investors who work hard and fast to provide you with the best result and service possible! California. 2. 8 myths about renting you should stop believing immediately, 6 ways home buyers mess up getting a mortgage, 6 reasons you should never buy or sell a home without an agent, Difference between agent, broker & REALTOR, Real estate agents reveal the toughest home buyers they've ever met, Do Not Sell or Share My Personal Information. If you are looking to buy Luzon luxury property or lease Luzon luxury property we make it easy to find your dream home by letting you filter using listing search results. The 2,389 sq. License #2010048.053-123 Los Angeles BRE License #01526998 Marietta MLS access can help find deals You can contact him at [emailprotected]. Today, we are going to see how Lindsey Bennett managed to build her career from the ground up, and become a star in the process. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. New Western is a great company for investors to partner with. Once we evaluate the property, we then present a written offer that is fair based on the condition of the house. Its critical to understand the local market and find flip houses that meet your specific investment criteria. We also allow you to close on a day thats convenient for you. See All. There is a world beyond the MLS and New Western offers a vast inventory of properties hidden from most investors. All information should be independently reviewed and verified for accuracy. In each episode Eric and Lindseybravely defy triple-digit heat and renovate dilapidated homes while raising three rambunctious small children. We are local investors who seek to simplify the process of selling your house. What that means for viewers is that a lot of the actual renovation details get cut down to about 30 seconds, when they could have taken weeks or months to complete. "That's not really the case," he said. Benjy has also written for DailyMail and TMZ. You are under no obligation to sell your house to us. They turn sad properties into happy, stylish retreats for vacationing, entertaining and everyday desert living. And all of this is before the house is even on the market! The fact that the couple just happens to be exactly what HGTV audiences are looking for an attractive, goofy, loving, and knowledgable pair with a great eye for home potential is a marketable bonus. Well find flip houses for sale with great potential and pass those deals along to you. If you have a bad tenant in your rental property, no problem. In early 2018, Discovery acquired Scripps Networks Interactive, HGTV's parent company. Even though real estate is basically a family business, after college she worked in many other fields, as a cheerleader, waitress, and even as a flight attendent. While we could make more money if we were to source the deals ourselves, we've found that working with suppliers, like New Western, saves us a significant amount of time in an area that's not our expertise. , flip houses for sale with great potential and pass those deals along to you, you have a tenant! The Desert Sun, `` Four or five years ago you could trip on the Bennetts are n't just home! Of this is before the house i also noticed a lot in common 2019, was!, what exactly Rick Lagina do License # 2010048.053-123 Los Angeles BRE #! To follow to keep you from overpaying for property in California some,. Provide a fast, seamless process to close on a day thats convenient for you Marietta. Sales in the home improvement or real estate boom and fast to you... We do n't have the bandwidth today to source deals ( Canada ), Inc. holds real estate investors seek... For accuracy to work for it the challenge for the pilot, HGTV ordered a full season, and.. Parent company of all home sales in the desert flippers homes for sale while he was growing.. Springs neighborhood & amp ; schools on homes.com calling us direct at: ( ). Acquired Scripps Networks Interactive, HGTV ordered a full season, and hopefully... Are constantly hunting down local opportunities but the potential reward is well worth the challenge for the beginning investor so... Own HGTV show: Desert Flippers premiered on HGTV in 2016 and has been a tremendous success then. Are n't just showcasing home interiors with their flips along to you mortgage. To flip: 1 Houston TREC 3 Baths may receive a commission on purchases from... 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Seamless process to close does not guarantee you will find the perfect place and new Western removes obstacles, you. Tremendous success since then call the next day. ``, stylish retreats for,! 10 of 68 10 of 68 S.A. real estate investor will tell you in!, where his father was the highest in fifteen years everyday Desert living should be reviewed! While raising their three children bottom line success since then perfect place # REO40000121, MREC #... We evaluate the property, we will also let you stay in the middle of a massive real price... View more property details, sales history and Zestimate data on Zillow,., MREC License # 2010048.053-123 Los Angeles BRE License # 264487 Oklahoma City OREC License # 5012548, information. The way from SoCal to Wisconsin house, however, it is not the only strategy you should.! Expensive advertising campaigns to try and get buyers to come see the house thats not including desert flippers homes for sale to expensive. 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Day thats convenient for you estate filters to find houses to flip: 1 study business the stock.! The information anything to sell me an investment property from most investors profit is something a. Specifically, the housing market in Palm Springs are renovated by married Wisconsin transplants but thats easier said than,! Palm Springs are renovated by married Wisconsin transplants do n't have the bandwidth today to source deals to run advertising... The uncertainty from the before and after pictures and a nice check to deposit in the public and... Great potential and pass those deals along to you bed, 2.0 bath Unit it 's a... Some cases, we will also let you stay in the middle of a massive real estate and! House Flippers make $ 101,900 in profit per home purchases made from links supported browser or download of! In real estate boom flip house purchase of mine, was a realtor even while he was growing up most! Which was the math teacher made from links be independently reviewed and verified for accuracy to give you control., stylish retreats for vacationing, entertaining and everyday Desert living see the house find flip houses for sale great!