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Real Estate Investing for Beginners: Expert Tips for Buying Your First Investment Property

Redfin

Lastly, establishing relationships with reputable contractors and property managers can streamline property renovations and day-to-day operations. Scott Jones, the economic development director for the city of Manor, Texas , proudly showcases his community as a shining example of a location’s potential.

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Find Cash Home Buyers in Orlando for a Fast, Simple Sale

HomeLight

With the strong Florida sun shortening the lifespan of roofs and air conditioning systems, costly renovations may be necessary. A cash buyer relieves them of the headaches of renovating and listing the property. As concrete foundations settle on sandy soil, houses may develop settlement cracks and other foundation issues.

Sales 81
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Find Cash Home Buyers in Austin for a Fast, Simple Sale

HomeLight

The buyer does due diligence during the agreed-upon option period in Texas (the number of days the buyer has to thoroughly inspect the property and terminate the contract for any reason: typically one to 10 days). Drive around your neighborhood to find homes being renovated. The buyer and seller sign the closing documents.

Sales 70
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Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

They sign the lease just a couple of weeks after the home is renovated and ready for occupancy. He routinely works with multiple crews of contractors so he completes renovations at a lower cost and with fewer headaches than most homeowners. The buyer does due diligence during the option period in Texas.

Sales 66
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Find Cash Home Buyers in Los Angeles for a Fast, Simple Sale

HomeLight

The buyer does due diligence during the option period in California, which is typically one to 10 days. Although there are no required disclosures because the property is being sold as-is, there is an inspection period. The buyer and seller sign the closing documents. You receive a check or have money wired into your account.

Sales 91