BANAYEE HOMES through its associated Real Estate Agents locates and purchases single-family dwellings in GTA where it is reasonable prices with decent property.
BANAYEE HOMES through its team of the professional construction crew and associates redesign any interior and exterior renovation and remodeling needed and prepares the property to be presented to the Real Estate market.
BANAYEE HOMES resells the property in the Real Estate market for maximum profit to the highest offers.
LET’S SEE HOW WE DO PROPERTY FLIPPING
Property Flipping is the process of buying homes with the intention to renovate or remodel and put them back on to the market. Flipping property is a rewarding business for those who are looking to get involved in real estate business and market.
At BANAYEE HOMES we understand that property flipping business is an intense process that requires full knowledge of the market, a professional and expert team of renovation and remodeling experts and a strong potential to manage the whole process.
FIRST WE CHOOSE OUR MARKET
Our team at BANAYEE HOMES analyze the market and the neighborhood to invest within the allocated budget.
In the real estate market, the neighborhoods are categorized in different rankings ranging from A class to C class. The A-neighborhoods have the top of the market homes that are the wealthiest neighborhoods, while B-class neighborhoods are more middle-class families. C-class neighborhoods are typically more working-class, while D-class neighborhoods are for low-income families.
SECOND WE SET UP OUR BUDGET BASED ON OUR SCOPE
- General project timeline (start and finish).
- Project scope as how much are actively, we are planning to invest on purchase and renovation.
- Quantify the budget
THIRD WE FINANCE OUR PROJECTS IN A RIGHT WAY
FOURTH WE MAINTAIN A PROFESSIONAL REAL ESTATE TEAM
FIFTH WE ARE WATCH FULL OF PURCHASING THE RIGHT PROPERTY
Purchase of the right property is the most crucial part of the whole process. At BANAYEE HOMES, we look for houses that are below the current market value in good neighborhoods where we understand that after the cost of renovation the margins are good enough to pay for its expenses and make a surplus.Several ways to find the right property:
- Team up with a realtor to find a suitable home.
- You might want to attend bank auctions or foreclosure auctions.
- You can involve and contract the owners of properties directly and try to incentivize them to sell their homes to you.