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. Thats not including having to run expensive advertising campaigns to try and get buyers to come see the house. The popularity of house-flipping shows like Desert Flippers has certainly contributed to the appeal of real-life flipping. He went on to talk about the lack of affordable housing in the Coachella Valley, explaining that "when we come into a house like this and bring it back to life selling it for under $250,000 it creates a potential home for people to buy that otherwise wouldn't exist.". A second issue is that we don't have access to lists, resources, etc. Lake City DRE License #12888431-CN00 San Antonio Central TREC License 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. 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. So they are investor-friendly properties. They are generally easy to use and provide you with extensive property and local market data . With the shows ratings rising steadily, their client base is only going to grow in the next couple of years. In Mesa, homes receive an offer and go under contract in approximately 23 days after going live, according to Redfin. "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. We are professional home buyers only interested in buying your house for cash, which will save you time, money and effort. The house comes with plenty of risks, however, including water damage, a drained pool, signs of termites and a funky floor plan. There are enough properties to choose from that you can find something in the location that appeals to you. This is especially true if you're just starting out. Brokerage. You are under no obligation to sell your house to us. Charity Begins at Home, Doesn't It? Jasmine Farrow of Sothebys International Realty, Photo by Sheldon Cowles, courtesy of Cherie Miller & Associates, Madelaine LaVoie of Cherie Miller & Associates, Sarah Magrath of Coldwell Banker Santa Fe, IKEAs 80th Anniversary Collection Is a Joyful, Nostalgic Throwback, Want a Garden That Saves Water? Check Out This Listing: Victoria Markley of Sothebys International Realty Santa Fe. Will There Be A Season 4 Of Desert Flippers? Divorce, New Show, What exactly Rick Lagina do? Press Esc to cancel. Lindsey plans for an outdoor oasis and high-tech master bath to bring the home up to par with comps in the area. the upcoming season of Desert Flippers. This browser is no longer supported. 2023 The MLS - Combined L.A. Westside MLS (CLAW). But I did everything right; I did everything right behind the walls. One of our local associates can provide cost details in your specific market during your onboarding meeting. Twelve years ago, when Eric and Lindsey first headed west to sunny Palm Springs, they brought along Lindsey's brother, Mike Schneider. View more property details, sales history and Zestimate data on Zillow. Casa Grande, AZ 85122 | Desert Sky Ranch Estimated payment $2,532/month. Season 1. Lindsey Bennett is a star on the HGTV show Desert Flippers She grew up in a family with a background in real estate and attended the University of Wisconsin-Madison to study business She met her husband Eric Bennett in a Verona Draft House while applying for a job They have three sons and have flipped more than 100 houses They have a net worth of close to $2 million and receive $20,000 per episode of Desert Flippers plus $25,000 per flipped house. Everyone with a show on the network has prior experience in the home improvement or real estate industry. Since 2016 the property power couple have been hosts of their own HGTV show: Desert Flippers. 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? 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. Eric and Lindsey are always up for a challenge and not afraid to push the envelope when it comes to style. #REO40000121, MREC License #5012548, TREC Information About Brokerage Services. 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. Email us! Walt Dwyer Dwyer Real Estate & Development / 7. We took an RV all the way from SoCal to Wisconsin! #226035216 Waco TREC License #9003665 Washington DC DCRA License He noted that "for them, the business is entertainment." If you have a property that could use a total overhaul were up for the challenge! 3419 N Valencia Lane, Phoenix $1,800,000. TREC License #264487 Oklahoma City OREC License #176150 Orlando FREC License #BO2034664 Philadelphia PREC License #RB067997 Philadelphia It generally works out though. It's really like your [outdoor space] is an extension of your home." Built by David Weekley Homes. $897,950 - Single Family Home. And sure enough I got a call the next day.". Agents take way too long to list and sell your house and they charge you 6% commission in the process. A licensed New Western agent will work hard to deliver the type of residential investment properties that meet your unique goals, plans and exit strategy. We buy houses and we are ready to buy your house for cash today! New Western is a company that succeeds by locating excellent flip houses for sale for our investors. $950,109 $15k. We also work behind the scenes to eliminate problems, deliver a clear title and provide a fast, seamless process to close. For listings in Canada, the trademarks REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. 0 Summit Pass E Unit 219084759DA, Desert Hot Springs, CA 92240. Newark, N.J., came in last, with scores in the basement across all . The Bennetts renovate 20 properties a year, which is a lot, especially when lost-cause makeovers aren't the only things on their plate. One of the main advantages of selling your house to a flipper or real estate investor paying all-cash is a quicker closing, which can be reduced to as little as one to two weeks. POPSUGAR Article Published October 20, 2018. Lindsey didnt land the job, but the pair started talking, the main topic of conversation being remodeling and flipping homes. Arkansas Real Estate Investors Association. prior sale or withdrawal. The best part of our process is that it's absolutely FREE. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. California. The two immediately liked each other, although they come from different backgrounds. 5 sqft lot. Well schedule a property viewing and make you a fair, no-obligation, all cash offer in a as little as 72 hours or less. . Vintage-cover posters, coffee mugs, jigsaw puzzles, tote bags, and more. See All. As part of HGTV's home renovation and flipping programs, the new, ten-episode season of Desert Flippers will follow the Bennett's as they renovate homes in the desert. In Palm Springs specifically, the housing market isn't what it used to be. 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. Flipping Houses In Dallas Fort Worth, Texas. The interest payments, insurance and taxes dont stop until your property gets sold. If you don't have your own funds, finalize a source of funding to ensure you don't have to stop mid-way. Pair Eric's savvy business senses with Lindsey's bold design sensibility and there's rarely a dull moment. "The direction that we're going it's kind of ever-changing and it's kind of nice to take a breather and assess," she added. We use our own funds to make our offers. Posted by Eric Lindsey onFriday, June 21, 2013. We also allow you to close on a day thats convenient for you. The Bennett's are often compared to the real estate . for Sedona, Arizona, Monument Valley. The homes design includes adobe walls and straw-bale construction, and the property has a sunroom, private well, and separate structure designed for meditation. TV-G. Flip or Flop Atlanta. Even if what they said wasnt 100% accurate. According to Locale Magazine, it only took two months of dating and co-working before the couple completed their first investment flip. 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. Palm Springs was once a sleepy California retirement community and Lindsey and Eric Bennett are our favorite wake-up call. The family was famous before reality TV was a thing, as her brother and father are well-known builders in the area she grew-up in, and have numerous houses to their name in that locality. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. As a real estate investor, youll work with a dedicated agent who understands your goals and brings you properties that meet your investment strategies. While he and Lindsey were in the process of applying to be on HGTV, Eric got called to appear on Wheel of Fortune. IREC License #RB21002164 Inland Empire BRE License #02001938 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 Desert Sun shared a preview Continue reading 'Desert Flippers . The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. The 2371 sq.ft. Own a Franchise Agents Auctioneers. - Lot / Land for sale. The costs involved in repairs, touch-ups, painting, and cleaning leave you drained and cost you thousands of dollars. i like the las vegas couple & the vintage flip as well. Flipped properties generated a typical gross profit margin of $65,000 - equal to a 31% ROI . Buying and flipping yourself requires upfront capital, which is much riskier. Desert Flippers premiered on HGTV in 2016 and has since become one of the network's most popular shows. Enjoy your own five acres in Pioneertown in this one-bedroom, one-bath home. Lindsey told The Desert Sun that she and Eric went on a marriage cruise with their church between two seasons of the show. I even had contractors say you can do this or that, but you dont have to. Real estate agents Eric and Lindsey Bennett return this summer for another fun and lighthearted season of home flipping on Desert Flippers. Check Out This Listing: Jasmine Farrow of Sothebys International Realty. We handle the clean-up. Sioux Falls, S.D., came out on top as the best place to flip a house thanks to low renovation costs and good quality of life. We buy houses on your terms no matter what your reasons for selling: Desert Flipper does more than just buy houses. FATHOM REALTY GROUP INC. $332,000. License #604727 Houston Woodlands TREC License #604727 Indianapolis I also noticed a lot of people would say anything to sell me an investment property. Our process does not involve getting pre-qualified by a mortgage bank in order to obtain a home loan or listing the property on the MLS or any other listing platform. 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.". 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. Battling wildlife, squatters and triple-digit heat, they'll transform each dilapidated home into a desert paradise. Once we provide you a FAIR CASH OFFER for your house, the decision to accept or decline our offer is completely up to you. Sell your house fast with Desert Flipper regardless of the condition. According to CoreLogic, the median price of a Riverside County home was $380,000 last month, up from $370,000 in January 2018. New - 23 hours ago New Construction. In fact, the rise in home prices from 2020-2022 led to a record 1 in 10 houses sold being flips in Q1 2022. Fellow Property Investors & House Flippers. After finishing college, Eric had ambitions of becoming a radio DJ, but after that dream failed to realize, he wanted to become an athletic director. However, the market in Palm Springs presented a challenge for the two of them. Show More Posts from desertflippers. 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. We also don't enjoy scouring deals as much as we enjoy managing and working on projects. 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. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All information should be independently reviewed and verified for accuracy. Instagram. Privacy Policy. We are professional cash home buyers. Their adventure Our team of dedicated real estate agents do all of the legwork for you. Everything goes according to plan until a rare torrential downpour in the desert threatens to rain on their flip parade and their potential for profit. Then, in November 2018,Chip and Joanna Gaines announced their return to TV with a new network under the company's umbrella, which begs the question as to whether or not TV audiences really need more than one wholesome home improvement couple. According to Eric, the way he and Lindsey approach their projects isn't like that. License #CQ1049280 Tampa FREC License #BO2033841 Tulsa OREC License Find 59 photos of the 72715 Skyward Way home on Xome. Desert Flippers was initially the brainchild of members of the Glass Entertainment Group, who only contacted the couple once they had the concept figured out. SUNSET is a registered trademark of S Media International Corporation. But there's been a real-life backlash to the popularity of TV house flipping. We believe its all about finding the win-win for the seller and the investor. We have funds available and are looking to buy houses in your area right now! Information is deemed reliable but not guaranteed. Price to Rent Ratio: 21 (high) Airbnb Rental Income: $2,219. 3 Baths. That means flippers can save up to 50% on commission costs. Mining data and local market knowledge, we carefully curate opportunities rich in untapped value. to source deals at this time because we've not carved out a budget to do so yet. Its orange paint is peeling; the yard is overgrown; and its current residents are a mother dove and her eggs, who appear contentedly . bellarmine college prep jv basketball roster, , squatters and triple-digit heat, they & # x27 ; ll transform each home! Real-Life backlash to the real estate agents do all of the MLS - Combined L.A. Westside MLS ( )... Of compensation is made only to participants of the legwork for you show! And working on projects sold being flips in Q1 2022 we also do n't have access to,! Reading & # x27 ; Desert Flippers premiered on HGTV in 2016 and has since become one of our associates! 21 ( high ) Airbnb Rental Income: $ 2,219 what exactly Lagina... E Unit 219084759DA, Desert Hot Springs, CA 92240 on a day thats convenient for you as. 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