In response to slowing market conditions house flipping and hard money specialist, Beau Eckstein warns investors not to overpay

The US housing market is currently in the midst of a supply crisis and while flipping opportunities are still high, low availability has fostered fierce competition. Beau Eckstein is cautioning flippers to walk away from bidding wars and avoid paying too much.

In the wake of the US housing market’s struggle to find equilibrium, house flipping buyers are currently facing a sizeable fall in inventory. This limited availability creates aggressive bidding wars which see some properties receive as many as 32 offers.

Overpaying for properties is one of the most common flipping faux pas.

To help maximize ‘flip and fix’ potential Beau Eckstein is urging all prospective

buyers to walk away from overpriced properties and save cash for investments

that offer better ROI.

This recent visual report released by the National Association of Realtors offers graphic insight into the current state of the US housing market and the low inventory faced by ‘fix and flip’ investors.

While house flipping is still a lucrative enterprise, leading real estate trend watcher RealtyTrac maintains that the softening housing market has led to a drop in ‘fix and flip’ investments.The company’s latest reports revealed that in the second quarter of 2014 US investors flipped 31,000 single family homes which generated an average gross profit of $46,000. This represents a 6.2% drop in flips compared to last year’s figures

“Flippers no longer have the luxury of 20 to 30 percent annu price gains to pad their profits. As the market

softens, successful flippers will need to focus on finding properties that they can buy at a discount and

efficiently add value to.”

-Daren Blomquist

Vice President

RealtyTrac

Yet despite the increased competition hard money lender, full-service real estate broker and expert house flipper Beau Eckstein stresses that there are still

lucrative opportunities on offer for those willing to play the market.

With the right mindset, commitment and expert advice Eckstein is able to help his

clients generate significant return on initial investment.

Beau Eckstein boasts over 15 years of experience in the real estate industry

with a diverse background in:

sales

residential mortgage lending

commercial finance

construction financing

private money loans

Today, flip and fixes are one of his key areas of expertise

Clients enjoy a complete remodel service encompassing everything from roofing and re-wiring to landscaping and interior décor.

Beau Eckstein As a well-known real estate entrepreneur, TV personality and expert

investor Eckstein has built up a diverse team of professionals.

His go-to crew encompasses a comprehensive range of specialists including:

architects

building designers

construction managers

contractors and many other partners.

While some investors opt for quick fix solutions Eckstein asserts that meticulous attention to detail reaps the biggest returns.

His dedicated team is on-hand to ensure that every Eckstein endorsed project is completed to the highest standard.

As US housing inventories continue to fall short of market demand Eckstein is anticipating an influx of clients determined to make the most of ‘fix and flip’ investments.

To find out more about Beau Eckstein and how his expertise in house flipping and hard money is helping Americans make the most of house flipping investments,

Visit: www.beaueckstein.com

Beau Eckstein

Direct: 925.852.8261

Managing Partner

SFR Ventures Inc.

BRE #01307829