I wish I could tell you that flipping foreclosed homes is exactly like the way it’s portrayed on TV. There is no shortage of reality TV shows involving this business. After all, a lot of people would love to have their own home.
In fact, in the United States, the American dream is defined as home ownership. This has always been the case in past decades. It continues to be the case now. I strongly suspect that this will continue to be the pattern long into the future.
Usually, when people say that they have an American dream, they either are talking about owning a home or owning a home is closely related to that dream. With that said, it is no surprise that a lot of people get excited when people take something that looks like a burned out carcass of a home and turn it into something so beautiful that people would want to pass it on to future generations. Welcome to the world of property flipping!
When a property is foreclosed, the bank doesn’t care what condition it’s in. In fact, in many cases, the bank would truly let it deteriorate. Sometimes, there are homeless people living there. There are some people doing drugs. Some people even set fire to the structure. Things can get really, really bad. That’s why most foreclosed homes sell at a steep discount.
It’s easy to see the excitement when people flip home because they go in, they demolish certain parts, and they renovate certain parts. And after enough time and effort has passed, people are looking at a brand new home.
At least that’s what it looks in the surface. But when you think about it, a lot of the bones of the home were built on and that’s what makes flipping foreclosed homes so profitable or not so profitable.
It really depends on how good the existing foreclosed home is. I wish I could tell you that this whole process is very exciting. I wish I could tell you that when you’re taking out some dry wall and you’re putting in a new kitchen or demolishing an old master bedroom that things proceed smoothly.
But unfortunately, it’s not as smooth as you think. In fact, I’ve been in this business for several decades. And let me tell you, it can get quite boring. Sure, when you watch that reality flipping TV shows. They would show you the exciting stuff. But believe me, when the cameras are rolling, a lot of the footage, I would say, 95 percent of the footage is just dead footage.
In other words, you’re just watching people just hammering on the wall or they’re not doing much of anything because they’re waiting for some parts to come. They’re waiting for delivery. So a lot of that footage is actually cut out. You just see the edited parts. You see the excitement. You see the thrills, chills, spills and drama.
That stuff might make for great TV but it doesn’t really reflect the reality. So what do you do when you’re bored? You don’t want to get so bored out of your head that you just freak out or you just drop the project.
This is why it’s a great idea to play League of Legends. Thanks to the wireless network that has pretty much blanketed the United States, you can play League of Legends from the safety and convenience of your mobile device right in the middle of a job site.
I know that sounds crazy but it’s true. It’s a great way to kill the time as you’re waiting for materials to be delivered. It’s also a great way to kill the time when you’re supervising workers who are doing some subcontract work on your worksite but they’re taking a while.
For example, I had to supervise people putting in the tile for a new kitchen in a foreclosed property. So it took them several hours. Thankfully, I didn’t have to stare at them the whole time. I was just playing League of Legends. The eight hours that it took them to completely re-tile this huge kitchen felt like thirty minutes.
That’s how awesome League of Legends is, but there a downside. If you don’t play it the right way, you will get bored quickly. After all, getting your butt beaten time and time again does get old quickly. It can get quite boring.
I’m not talking about boring in a classical way. I’m talking about being so sick and tired of getting beaten down that you just quit. That’s what I mean.
So how do you fix this problem? Well, I fixed my flipping foreclosed home boredom issues by visiting the right LoL epic shop. I got an epic account. This way, I was able to win enough games at League of Legends that I remain engaged.
You have to understand that it can get so frustrating because of the defeats that you end up quitting the game. Thanks to my purchases at the right LoL epic shop, I was able to get the right account to produce the right results. I was winning enough times to stay properly engaged.
This is why I’m able to flip a lot more homes because I don’t go nuts when waiting for stuff to get delivered or waiting for a subcontractor to finish a particular section of the project.
Do yourself a big favor. If you need to waste time while working, you might want to do it the smart way.