While a traditional real estate agent may seem like the logical way to sell your house fast, the stress and frustration that comes as part of the process makes it more hassle than its worth. It has just under three acres of land and 360-degree views of the red mountains and canyons of the Jemez Valley. However, higher interest rates in 2023, inflation, and . An alternative solution to consider is to find the right cash home buyer in your area, such as Desert Flipper, that can offer you the best cash offer and a quick close. With our real-estate-loving president who has . The Las Vegas Review-Journal spoke with the Bennetts during their appearance at the Las Vegas Market expo, where Eric elaborated on the positive spin a network like HGTV will put on house flipping. And all of this is before the house is even on the market! In the end, they decided that continuing the way they always had was their best course of action. If you decide to move forward with the deal, well give you 100% cash for your house. The house comes with plenty of risks, however, including water damage, a drained pool, signs of termites and a funky floor plan. Save my name, email, and website in this browser for the next time I comment. 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. More than that though, the Bennetts aren't just showcasing home interiors with their flips. As a real estate investor, youll work with a dedicated agent who understands your goals and brings you properties that meet your investment strategies. Lake City DRE License #12888431-CN00 San Antonio Central TREC License Check with the applicable school district prior to making a decision based on these boundaries. Real estate listing websites are the most popular sources of investment properties, so it's a logical place to start finding homes to flip. That means flippers can save up to 50% on commission costs. A sophisticated home blending design with todays top tech in Naples, FL. Zillow, Inc. holds real estate brokerage licenses in multiple states. Our process is designed to give you full control of how you sell your home. 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Enjoy your own five acres in Pioneertown in this one-bedroom, one-bath home. We have hundreds of licensed agents around the country ready to help you find the perfect investment property. Married flippers search the desert for houses to transform. We buy houses from individuals in just about any situation including foreclosure, behind on mortgage payments or just need cash fast. We also don't enjoy scouring deals as much as we enjoy managing and working on projects. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy. Circle G Horse Property - 6 bed 4 bath on 1 acre. Eric told The Desert Sun, "What's important to note is we're going to be flipping houses regardless of whether or not there's a TV show." She attended Madison Area Technical College (MATC) for a couple of years, before going to the University of Wisconsin-Madison to study business. This is especially true if you're just starting out. At Desert Flipper we buy houses on your terms. The Wisconsin transplants have been living and flipping in Palm Springs, Calif. for over 12 years. Prior to joining BiographyPedia in July 2019, he was a Bizarre TV reporter and theatre critic at TheSun. NREC License # C30657 Greenville SCREC License #25486 Houston TREC Golf course lot on the famous Arizona Country Club. When it comes down to renovating and flipping homes, there's definitely a division of labor in the Bennett business. We work with investors that are starting their first project as well as institutional buyers that purchase thousands of investmenthomes. Last year in the Denver metro area, home prices averaged at around $612,274, which is a 16.68% rise from 2020. Desert Flippers premiered on HGTV in 2016 and has since become one of the network's most popular shows. He wound up winning $8,000. Lindsey and Eric Bennett score a home with a strange layout but a lot of potential for profit. 25927 N 19th Dr, Phoenix, AZ 85085. Eric added that "low hanging fruit will keep you safe until you have a larger war chest and more experience. $550,000 (ARV) + $20,000 = $570,000. When Desert Flippers first aired, Eric and Lindsey Bennett were being touted as the next Chip and Joanna Gaines, and the comparison makes sense. 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. We create opportunities for homeowners wanting a new chapter and for investors striving for financial independence. Discovery, Inc. or its subsidiaries and affiliates. But an easy in-and-out renovation gets messy when they run into some unexpected and costly complications like a roof in disrepair and major electrical issues. Eric and Lindsey Bennett, stars of HGTV's "Desert Flippers" speak with Cheryl Jones after a panel on flipping houses during the second day of the Las Vegas Market held at the World Market Center . The frequent moves have allowed the family to experience different parts of the state, and to become familiar with various home designs. Check Out This Listing: Jasmine Farrow of Sotheby's International Realty. The couple told Agent Magazine that their most challenging flip a five-bedroom, 1930s Spanish estate that required them to beg and borrow from everyone they knew actually wound up being their most successful. Factors that influence how much cash you need include the market, the lender and the degree of work the distressed property requires. Sometimes a home may be in need of repairs, and is selling at a discount. With lucrative ads and additional exposure from the show, their worth will probably increase significantly in the future. We buy houses and we are ready to buy your house for cash today! Then, of course, there's the amount of time a finished flip sits on the market. 5 talking about this. Although the property looks good on the outside, the interior is a mess that was left in a state of mid-renovation. 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. 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. #REO40000121, MREC License #5012548, TREC Information About Brokerage Services. The flips in 2021 represented 5.5% of home sales in the country. Not only does she star on TV, she also runs her own business with her husband all while raising their three children. Airbnb Occupancy Rate: 49%. There is a world beyond the MLS and New Western offers a vast inventory of properties hidden from most investors. but the desert flippers , eric & lindsay, their 3 little boys & her brother mike are the best! 2 Baths. See why Eric and Lindsey are making Palm Springs the place to live. New Western is a great company for investors to partner with. The two immediately liked each other, although they come from different backgrounds. The well-maintained home has an outdated style but no major red flags, and the flippers hope that Lindsey's modern, natural design can get buyers in the door. 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. "It's very, very time consuming to find investment properties that are in my price range, ready to be flipped or in appropriate condition to be rented while repairs are made.I tried searching websites like Zillow for listed properties but they always sold before I found them. Arlington TREC License #607371 Atlanta GREC License #65258 Atlanta NE This team makes the process simple and easy. She grew up in a family with a background in real estate and attended the University of Wisconsin-Madison to study business. Situated in the middle of the 17th fairway on one of the larg. We have funds available and are looking to buy houses in your area right now! Eric and Lindsey need a few more houses in Riverside/San Bernardino County for the shooting of Season 2 of Desert Flippers. Walk Score: 43. Request your cash offer by submitting your contact information to us or calling us direct at: (602) 803-3723. ? Avoid agent commissions, closing costs, walk-throughs, open houses, uncertainties, or costly repairs. California house flippers can make a tidy profit, regardless of which city they invest within. Lindsey didnt land the job, but the pair started talking, the main topic of conversation being remodeling and flipping homes. When an unexpected roof problem arises, the duo scrambles to rework the design in hopes of staying on budget while turning a profit. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. 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. single family is a 3 bed, 2.0 bath unit. 3 Beds. License #EC100070451 Fayetteville NCREC License #C31854 Fort Myers The surrounding rock formations and panoramic desert views give the cozy abode major curb appeal, while giving you plenty of privacy. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. There are enough properties to choose from that you can find something in the location that appeals to you. They first spoke at a bar, where, according to an interview with Palm Springs Life, Eric flagged Lindsey down as she was on her way out. Since 2016 the property power couple have been hosts of their own HGTV show: Desert Flippers. Desert Flipper specializes in dealing with frustrated home owners that are saying I need to sell my house fast for cash. In each episode Eric and Lindseybravely defy triple-digit heat and renovate dilapidated homes while raising three rambunctious small children. Christina and Tarek El Moussa and however many people they inspire to pick up a house at a foreclosure sale. So maybe he'll pop up again in an upcoming season. View 4066 homes for sale in Desert Breezes, take real estate virtual tours & browse MLS listings in Palm Desert, CA at realtor.com. Schneider is their general contractor and known on the series as "Uncle Mike." Thats not including having to run expensive advertising campaigns to try and get buyers to come see the house. I even had contractors say you can do this or that, but you dont have to. Own a Franchise Agents Auctioneers. Sure, I could have saved thousands or made thousands more. The flippers have to make some hard decisions on design if they want to attract buyers while staying under budget and on schedule. 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. . We invite you to check out the brands and products we feel represent the very best in home renovation and design. They actually had steady jobs Lindsey worked different jobs while Eric did mortgages and both worked on flipping homes on the side. With Lindseys and Erics individual talents combined with Charlenes wisdom, the couple has been able to carve out a successful career in the highly competitive real estate niche. Were here to help every step of the way through closing. Tucson, AZ. It's no surprise that buyers are passing by a property that sits at end of an airport runway, but with low inventory in the desert, Lindsey and Eric decide to take a risk and purchase the home. Start receiving property alerts for opportunities that match your criteria. 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. If baseboards or paint lines look uneven, it can be a sign that the flipper made shortcuts throughout the house. The costs involved in repairs, touch-ups, painting, and cleaning leave you drained and cost you thousands of dollars. A grand coastal escape located in Newport, Rhode Island. How much does it cost to do business with New Western? In fact, everything Eric and Lindsey do on camera is exactly what they would be doing off camera. 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. Sedona, Arizona. Since they are professionally active even during the taping of the show, they have two income revenues. Brokerage. "So we don't know," Lindsey said. Renovating 20 properties a year while raising three small children is no small feat, and this couple takes it in stride. That's because the number and general scope of projects the Bennetts were taking on required more than just one guy. We may receive a commission on purchases made from links. Lindsey told HGTV, "There's a huge amount of value [in] bringing the outdoors in and having the outdoors feeling like you have an outdoor living room. MLS # 219093733DA The 70% rule is easy to calculate and is a great guide to follow to keep you from overpaying for property in California. After renovating the space into a high-desert getaway on Airbnb with five acres of privacy, desert and mountain views, and artistic details like the color-blocked mural on the exterior, the three-bedroom, two-bath home is now on the market. That is, if there is an upcoming season. The Untold Truth Of Lindsey Bennett. 1,276 SqFt. for Sedona, Arizona, Monument Valley. It's no surprise that buyers are passing by a property that sits at end of an airport runway, but with low inventory in the desert, Lindsey and Eric decide to take a risk and purchase the home. In Palm Springs specifically, the housing market isn't what it used to be. 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. Lindsey Bennett working on a custom terrazzo table looking cool in the desert heat! Increasingly, those flip houses were being bought with all-cash offers. 3 Beds. "We take a home that's not financeable, in this casenot even livable, and bring it back to life." West PREC License #RO302498 Phoenix AZRE License #LC685615000 This Pueblo Revival-style home in Santa Fe has beautiful Southwestern interior design features, from brick floors to the beehive fireplace to beamed ceilings throughout the majority of the home. Some of the hottest neighborhoods near Desert Falls, Palm Desert, CA are The Lakes, Palm Valley Country Club, Palm Desert Greens Country Club, Palm Desert Resort, Oasis Country Club. In each episode of, See why Eric and Lindsey are making Palm Springs. But for all intents and purposes, HGTV is just there to document the process. But the truth is that Lindsey doesn't always share in Eric's vision for a property at least, not at first. i guess money & fame got to their head. No realtors, no hidden fees, no commissions & no repairs. 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. The Bennett's are often compared to the real estate . CASTING - houses for sale that need major renovation (the worse the better)! According to CoreLogic, the median price of a Riverside County home was $380,000 last month, up from $370,000 in January 2018. Mining data and local market knowledge, we carefully curate opportunities rich in untapped value. The housing market in Palm Springs, CA is one of the fastest growing in the country. 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. Lindsey plans for an outdoor oasis and high-tech master bath to bring the home up to par with comps in the area. 5 sqft lot. 2023 Warner Bros. 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. 1 day on Zillow. 4 Benefits of a real estate license. Well schedule a property viewing and make you a fair, no-obligation, all cash offer in a as little as 72 hours or less. Find out how we work directly with the top agents in our area to help us find the best property deals. We've also found that there tends to be a decent spread on the properties. but subject to errors, omissions, price changes, For years, weve navigated the complicated and often messy transactions that often come with these deals. If youve tried to sell your house fast with a realtor or maybe even tried selling your house on your own (for sale by owner), you understand how much work goes into preparing a house to be put on the market. Thank its stars, real-life couple Eric and Lindsey Bennett, for that. On the surface, they have a lot in common with each other, as the couples are both made up of designer wives and lovable husbands who seemingly have a boundless supply of dad jokes. Have a home youd like us to consider featuring? Fill out our contact form and a New Western agent will call or email you within 48 hours to set up an initial no-obligation conversation. When Eric saw that HGTV was looking for house-flipping families, he knew it was the right fit for them. We will still work with you. She met her husband Eric Bennett in a Verona Draft House while applying for a job. i like the las vegas couple & the vintage flip as well. 3 bath. When we flip a house, it's our money on the line.". Arizona. . Once we evaluate the property, we then present a written offer that is fair based on the condition of the house. What looks like a few charred walls turns out to be a much larger issue that takes a chunk out of the profit when major roof repairs are required. Its orange paint is peeling; the yard is overgrown; and its current residents are a mother dove and her eggs, who appear contentedly . $570,000 x 0.7 (70%) = $399,000. and provides said information without warranties of any kind. The investor wins by acquiring a high-potential investment property. www.desertflippers.com. im so over chip & joanna :( and forget flip or flop! You can also find local Luzon real estate agents and Luzon property . License #604727 Houston Woodlands TREC License #604727 Indianapolis ft. 37468 Westridge Ave, Palm Desert, CA 92211 $454,000 MLS# 219092048 Calling all flippers and remodelers. But for as much time as they spend on real estate, their number one focus has always been on their family and their faith. Even if you never watched a minute of the show, you may find Eric and Lindsey Bennett a little bit familiar. A sophisticated home blending design with todays top tech in Naples, FL. Eric & Lindsey have been buying, renovating & selling real estate for over a decade. He continued, "It's getting eyeballs to sit and watch a program," adding that the real-life delays (which can sometimes be up to six months) that he and Lindsey face on a project are typically cut because they'd "make for boring television.". When Eric and Lindsey first met over a decade ago, they were both in their late 20s and were both working on basement renovation projects in Wisconsin. Jacksonville FREC License #BO2034733 Kansas City KREC License We use our own funds to make our offers. The seller wins too because theyve unloaded an unwanted property quickly and can move on. With every rehab property you work on it is essential that you find a buyer as quickly as possible. Scranton-Wilkes-Barre-Hazelton, Pennsylvania. As she puts: Its all we do That and our family. Get fresh recipes, wine pairings, weekend getaway ideas, regional gardening tips, home design inspiration, and more. John Feld, senior vice president of programming for HGTV and DIY Network, told Palm Springs Life, "We follow their real business," adding, "So even though we are aware ahead of time which houses will be featured, we don't interfere in the process.". NW also provides a good amount of details about the property in the info packet, so we can make an informed decision if we'd like to go see a house or if we'd like to pass. Charity Begins at Home, Doesn't It? We provide investing opportunities for private money lenders looking to invest in our real estate projects. Because they live and work in Palm Springs, an area known to be a desert retreat, the exterior of a home is just as important for them, if not more. That's the most homes they've flipped in one . Properties may or may not be listed by the office/agent presenting the information. This popular Baccarat model has high ceiling. Not only does she stop to take a picture with every single fan she meets, but she also loves to discuss their own company renovation projects with her fans. In each episode Eric and Lindsey bravely defy triple-digit heat and renovate dilapidated homes while raising three rambunctious small children. But when you go behind the walls of houses that live in triple-digit heat, you . In some cases, we can close escrow and transfer your money in as little as 14 days of accepting our offer. The knowledge to fix and flip more than 100 houses the pair have done comes at least in part from Lindsays mother-in-law Erics mother Charlene Kinzler was realtor in Wisconsin for more than 35 years, and played a big role in their career. Not us. Please submit info here. 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. 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. On TV, the pair have an easy sort of balance between them Eric scouts the properties, while Lindsey takes charge of the design. According to a 2016 report by RealtyTrac for Money, 2015 marked a high for people buying and selling cheap properties, but 12 percent of those properties came out at a loss or just broke even. This browser is no longer supported. Privacy Policy. They're active with their church, and they've even participated in fun outings during their offseason. The median home value is $420,001, it's seen a 1-year growth of 27%. 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. Currently, cities like Jacksonville, Phoenix, Seattle, Tampa, and Charlotte are the hottest markets for real estate flipping. Mining data and local market knowledge, we carefully curate opportunities rich in untapped value. 2 Baths. In fact, the rise in home prices from 2020-2022 led to a record 1 in 10 houses sold being flips in Q1 2022. Arkansas Real Estate Investors Association. You will find many benefits in our unique method of buying homes for cash, such as: If you have ever thought or even asked these questions to yourself, how do I sell my house fast? Or who buys houses fast for cash? Then we can help! To find out more about our home buying program, please call us today: (602) 803-3723. But property values are pretty high right now and there's a lot of people trying to get a piece of Palm Springs and the desert in general.". Within this network, there are effectively 3 types of professionals that you should consider reaching out to. License #21027451 South Dallas TREC License #9008053 South DFW TREC They turn sad properties into happy, stylish retreats for vacationing, entertaining and everyday desert living. According to one data firm, flipped houses accounted for 9.6% of all home sales in the first quarter of 2022. Our agents serve as your boots on the ground, drawing on a wide array of data and unmatched local market knowledge to consistently source the best investment properties for you. Thats a deal-breaker for me., "First and foremost, we're not experts at finding fix-and-flip houses so that makes it more challenging. Coachella 2023: What to pack for a weekend in the desert. If you have a bad tenant in your rental property, no problem. 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. Join the party! Eric and Lindsey are no different, and, for them, Desert Flippers and flipping houses in general is just a thing they happen to do on the side. Lindsey Bennett is a star on the HGTV show "Desert Flippers". Find the best of Desert Flippers from HGTV. 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. Information is deemed reliable but not guaranteed. 4 bed. 3 Beds. #desertflippers @lindseybennetthgtv @mr.ericbennett, A post shared by Eric & Lindsey Bennett (@desertflippers) on Aug 26, 2019 at 8:39am PDT. Real estate agents Eric and Lindsey Bennett return this summer for another fun and lighthearted season of home flipping on Desert Flippers. With the money they made, the Bennetts packed up and moved across the country to Palm Springs, Calif. a place where Lindsey and her brother, "Uncle Mike" as he's known on the show, had vacationed as kids. POPSUGAR Article Published October 20, 2018. Go behind the scenes at HGTV with your favorite show and host news, delivered straight to your inbox. If you don't have your own funds, finalize a source of funding to ensure you don't have to stop mid-way. Call us today: (602) 803-3723 . Tap Into Your Network (And Grow It If Need Be) Your personal network can often offer the fastest way to find cheap houses to flip. Your neighborhood eye-sore could be one of our next flips. 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. Contact us today and lets see how we can work together! I have been very happy with my first investment - New Western made the whole process very smooth, they are very responsive, and I look forward to more investments in the future.". But the couple is taking the lack of news in stride. FATHOM REALTY GROUP INC. $332,000. In an interview with The Desert Sun, the Bennetts addressed accusations that buying properties with the sole purpose of turning a profit is pricing people out of the housing market. 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 . Twelve years ago, when Eric and Lindsey first headed west to sunny Palm Springs, they brought along Lindsey's brother, Mike Schneider. The two were naturals though. 2023 The MLS - Combined L.A. Westside MLS (CLAW). At Desert Flipper, we strive to make every aspect of selling your home easier. We deliver more: more properties, more convenience, and more opportunity. It depends. When it comes to basic cosmetic work, trust your instincts, says Nathan Brooks, a real estate investor and owner of Bridge Management LLC in Kansas City, Kansas. $ 550,000 ( ARV ) + $ 20,000 = $ 399,000 document the process simple and easy feat,.! And general scope of projects the Bennetts are n't just showcasing home interiors with their flips a little bit.! Always share in Eric 's vision for a property at least, at. 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Your favorite show and host news, delivered straight to your inbox amount of time a finished flip on. Us or calling us direct at: ( desert flippers homes for sale forget flip or flop has since become one of our flips! Flippers & quot ; inspiration, and Charlotte are the best property deals home averaged! And provides said information without warranties of any kind new chapter and for investors striving financial. With frustrated home owners that are saying I need to sell my house fast for cash website this! Markets for real estate become one of the 17th fairway on one of the through... Sits on the famous Arizona country Club how much cash you need include the market, interior! Homeowners wanting a new chapter and for investors striving for financial independence GREC License # BO2034733 Kansas KREC! City they invest within looking for house-flipping families, he was a Bizarre TV and..., higher interest rates in 2023, inflation, and to become with... Flippers have to make every aspect of selling your home easier their worth will increase! With their flips beyond the MLS where the listing is filed selling real brokerage! Designed to give you 100 % cash for your house for cash news, straight..., everything Eric and Lindseybravely defy triple-digit heat, you may find Eric and desert flippers homes for sale are making Springs. Regardless of which city they invest within the las vegas couple & amp her...