Sure, I could have saved thousands or made thousands more. After an initial virtual or in-person onboarding meeting, you will have access to our vast inventory of properties. RedRox. While all of those are respectable jobs, they dont really have anything to do with the real estate industry; nonetheless, Lindsey credits those work experiences for helping her in her home flipping career. View more property details, sales history and Zestimate data on Zillow. Enjoy your own five acres in Pioneertown in this one-bedroom, one-bath home. Lindsey and Eric seem to be the only ones willing to take on a challenging fire-damaged home with a low price tag and high market risk. Even if you never watched a minute of the show, you may find Eric and Lindsey Bennett a little bit familiar. The Wisconsin transplants have been living and flipping in Palm Springs, Calif. for over 12 years. Contact us today and lets see how we can work together! Worse still, only 28 percent of flips manage to make even 20 percent of the price paid for the homes, which basically covers the costs to do it. The Desert Sun noted that HGTV had previously announced the series renewal the prior December. Mesa is a growing market that offers potential house flippers a great opportunity. There is a world beyond the MLS and New Western offers a vast inventory of properties hidden from most investors. Arizona Fix-Flip House Group. 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. 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. This is in addition to raising their three kids and maintaining their own properties; Bennett and her husband own four properties . 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.". Within this network, there are effectively 3 types of professionals that you should consider reaching out to. The longer a house stays empty, the more money is lost on the project. The average time to flip a house is 162 days. Press Esc to cancel. As she said in aPalm Springs Life interview: Its like going through an album. After all, not many people have a chance to watch their family grow up on their TV. Now that we are more experienced, we have time to focus on managing multiple properties at a given time with leads on new properties still coming to our inboxes daily. 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. It led to Eric's first scouting mission, according to The Desert Sun, which involved him being pulled through a Palm Springs neighborhood on rollerblades by his yellow lab. A sophisticated home blending design with todays top tech in Naples, FL. One of our local associates can provide cost details in your specific market during your onboarding meeting. She attended Madison Area Technical College (MATC) for a couple of years, before going to the University of Wisconsin-Madison to study business. If you are at a point where you are thinking, I need to sell my house fast for cash, then you need a better solution than hoping to sell your house the traditional way. A three-bedroom home with a swampy pool and a lack of outdoor aesthetic catches Lindsey and Eric's eye. When we flip a house, it's our money on the line.". $897,950 - Single Family Home. Courtesy / Show More Show Less 2 of 68 San Antonio house flipper and TV personality . We buy houses on your terms no matter what your reasons for selling: Desert Flipper does more than just buy houses. The investor wins by acquiring a high-potential investment property. Online Real Estate Listing Sites. Eric and Lindsey Bennett take on a property in disrepair that has been deemed a tear-down by the seller. The unfortunate part is that these days turning a profit is something of a crapshoot. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy. If a home's ARV is $550,000 and it needs $20,000 worth in repairs, the 70% Rule says you should pay no more than for that property. In speaking with People about the work it sometimes takes to convince Lindsey to go along with a purchase, Eric said, "I usually have to swindle or trick Lindsey to get into the car with me, and she thinks we're going to a romantic lunch or something and then boom! We took an RV all the way from SoCal to Wisconsin! , designed by local artist Lindsay Hollinger who calls Joshua Tree and Los Angeles home. 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. Information is deemed reliable but not guaranteed. Desert Flipper specializes in dealing with frustrated home owners that are saying I need to sell my house fast for cash. Airbnb Cash on Cash Return: 1.53%. View more property details and sales history on Xome. $34,990 . 1. Palm Springs was once a sleepy California retirement community and Lindsey and Eric Bennett are our favorite wake-up call. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); Type above and press Enter to search. The flippers have to make some hard decisions on design if they want to attract buyers while staying under budget and on schedule. Dilapidated homes in Palm Springs are renovated by married Wisconsin transplants. New Western removes obstacles, so you dont have to. 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. Flipping houses is the process of buying a property and then reselling it for a higher price in order to turn a profit. Privacy Policy. Wiki. The costs involved in repairs, touch-ups, painting, and cleaning leave you drained and cost you thousands of dollars. She grew up in a family with a background in real estate and attended the University of Wisconsin-Madison to study business. 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. As a result of the merger, the fates of many of HGTV's series, including Desert Flippers, came under question. Properties may or may not be listed by the office/agent presenting the information 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. #REC.2021003935 Dallas TREC License #589457 Denton TREC License Married flippers search the desert for houses to transform. If they want to make top-dollar, the duo will need to update every room and revamp the entire floor plan. Not only does she star on TV, she also runs her own business with her husband all while raising their three children. The 2,389 sq. Once we provide you a FAIR CASH OFFER for your house, the decision to accept or decline our offer is completely up to you. The 70% rule is easy to calculate and is a great guide to follow to keep you from overpaying for property in California. We also allow you to close on a day thats convenient for you. Go behind the scenes at HGTV with your favorite show and host news, delivered straight to your inbox. Check Out This Listing: Madelaine LaVoie of Cherie Miller & Associates, Photo by Martin Wright, courtesy of Coldwell Banker Santa Fe. Eric and Lindsey need a few more houses in Riverside/San Bernardino County for the shooting of Season 2 of Desert Flippers. Home Prices Inch Upward While Sales Drop Near Palm Desert. And if youve seen Desert Flippers then youve probably been charmed by the shows leading lady, the fascinating Lindsey Bennett. Wisconsin transplants Eric and Lindsey Bennett are transforming sunny Palm Springs, California one dilapidated house at a time. You might wonder, how does that work? License #9005375 St Louis MREC License #2019011033 St. Petersburg FREC Please verify all facts with the affiliate. The show follows couple Eric and Lindsey Bennett as they aim to flip houses in Palm Springs, California, while dealing with a . Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. Thank its stars, real-life couple Eric and Lindsey Bennett, for that. 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. Fill out the short form below to find out how much we can offer for your home today! Flipped properties generated a typical gross profit margin of $65,000 - equal to a 31% ROI . 4 Benefits of a real estate license. We work with investors that are starting their first project as well as institutional buyers that purchase thousands of investmenthomes. Unsurprisingly, theres a lot happening in the Bennett household on a daily basis. Posted by Eric Lindsey onFriday, June 21, 2013. 1 day on Zillow. What are the benefits of working with a real estate investment brokerage? There are 24 active homes for sale in Desert Falls, Palm Desert, CA, which spend an average of 96 days on the market. I also noticed a lot of people would say anything to sell me an investment property. Since 2016 the property power couple have been hosts of their own HGTV show: Desert Flippers. Join the party! TREC License #264487 Oklahoma City OREC License #176150 Orlando FREC Posts Videos Tagged. Related Accounts. Lindsey and Eric Bennett look to turn a quick profit after finding a great deal on a house. 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