Do you need to fully furnish your flips?

[akaplan1]

I mainly enjoy refurbishing damaged houses (flood, fire) but I can’t make any profit. I bought an inexpensive flood house and spent about an hour cleaning up trash/debris, replacing damaged structural items, resurfacing the walls and floors, etc. I ended up making a $150 profit, which is like 0.3% profit.

Is it because I didn’t furnish the house? I expected the cleanup and repairs to be worth a decent amount. I’d love to just be able to hire a staging service in the game … tag rooms as “bedroom,” “bathroom,” etc., pick a design style, and let the AI furnish it for an in-game fee. Like actual flippers would do.

I just wish there was more feedback in the valuation of the home.

[judasfm]

Yeah, I think it definitely helps. I bought the Lavender House, completely renovated and furnished it and made $27,000 profit.

[tatiana]

If you just furnish all rooms to be usable by an imaginary buyer and not bother with accessorising with soap, towels and suchlike, you should be fine.

That is what everybody does actually - imagine a buyer of a certain age, profession, likes and dislikes, then furnish as if you are doing it for them. Be consistent with your style. After the property gets sold, furnish your next one for a totally different imaginary buyer. For example, a student property, followed by an old granny's house, followed by one for a wealthy lover of modern art.

In HF1 there Are room tags, but they require specific furniture. For instance a "bedroom" tag requires a bed. Problems arose when some beds weren't tagged properly. They didn't get recognised as beds, so the rooms weren't recognised as bedrooms.

Also, tags are limiting. I still remember trying to make a boarding school in HF1. I managed to sell it for a profit, but it ended up with 3 "dining rooms"! Because classroom desks are tables and table + chair = dining room.

[Angel]

That is why we should be able to tag a room ourselves, rather than let the game do it based on furniture.

[Revannia]

This is interesting. I did basically the same thing with the Lavender house - cleaned, sold old items, did walls and floors, and installed lighting fixtures but did not furnish it. My net profit was a little over 22k. The house cost 42k and I got a little over 14k from selling the old stuff in the house so was in the hole about 33k with renovation costs factored in and the bidder offered 55k I believe.

I haven't tried to flip any other houses yet to see if this was just a fluke, though.

EDIT: I may try doing Lavender house again to see what result is if I actually furnish it.

EDIT 2: I think I got lucky on my first sale.
2nd time I kept most items that were in good shape and used the floor and wall materials left behind so sold items were $2900 and renovation cost was $8600 bringing total costs to $47k. I got $52,700 offer for profit of $5k.

3rd time I tried selling almost everything again but this time limited renovations to missing/broken wall or floor tiles/panels and lighting. Sold items $11k, renovation costs $700, total costs $31k. Offer was only $34,500 this time instead of over $50k like the first time so only made $3k profit. This was the only time I had an offer under the original sale price. Could be related to how much my total cost was but the first sale the total cost was not that much higher and also below the purchase price.

I did not have the negotiator skill in any of these sales. I redid the exterior walls on the first sale so I'm wondering if that factors into the bid offers. Interesting to see the differences but I have no idea what is triggering them.

[Lites]

Definitely needs some furnishing. The first few houses I flipped, I just cleaned up all the garbage and stains and sold off all the furniture, made about $1k. Did another house and literally stripped it of everything and left just the walls and was in the negative lol.

[skywaybmx89]

flipped one house and profit almost $48000

[tmaddox]

I can't even figure out how to flip my first house. Bought a cheap one from the House tab. Cleaned it up, did some painting, and gave it basic furnishings. I figured I would then go to the Auction ab to sell it but I have no options there or on the house page.

Kinda baffled.

[Zheppon]

Originally posted by skywaybmx89:

flipped one house and profit almost $48000

care to share tips ?

[skywaybmx89]

Sputtyr
mainly pick up all trash clean all dirty areas, kept most items, change half the walls in most areas, change some floors in some rooms, sell some items add new tv stand, tv, couch, small table chairs, kept most pictures. then on the 2nd house did same but only profit less then $9000. i haven't gutted the whole house yet might try on next house or 2. Now that i unlock the wall building i can build rooms or demolish a wall to open up an area? it varies on the type of houses ?

[Zheppon]

Originally posted by skywaybmx89:

Sputtyr
mainly pick up all trash clean all dirty areas, kept most items, change half the walls in most areas, change some floors in some rooms, sell some items add new tv stand, tv, couch, small table chairs, kept most pictures. then on the 2nd house did same but only profit less then $9000. i haven't gutted the whole house yet might try on next house or 2. Now that i unlock the wall building i can build rooms or demolish a wall to open up an area? it varies on the type of houses ?

thanks for the tips, i will sure to try your suggestion

[skywaybmx89]

Sputtyr
as i buy houses i notice that there are 3 part sections on the walls with each different types of paint, wood panel or wallpaper. i do sometimes change the bottom and top part or do the top half depends whats on the wall?

[0x57A1CFA117]

Originally posted by Angel:

That is why we should be able to tag a room ourselves, rather than let the game do it based on furniture.

I think a blueprint system would be phenomenal, like you hit a key and it takes you to the blueprint screen and you can label what you want each room to be. Even if it's just for yourself, it'd be nice to look at the house as a whole when determining which rooms you still need and which kinds you'd like.

[suspiria_2]

i just made $250k on a flip. hope that wasn't a bug they will "fix" sometime later.

i have no idea what did the trick except that it was one of the more expensive houses in the game and had dirt and crud everywhere. i custom tiled nearly every surface with multiple styles of decoration on each surface.

it was only a 1 bed, 1 bath, 1 open plan, 1 kitchen, 1 office, and half the upstairs was a game room with a pool table.

also, i left all of the ivys hanging off the building and installed outside lights and a bit of furniture.

if you choose this house, be aware that the slender window openings that touch the ground in various spots do not have an available window that will fit, so leave the glass that is there in there or, if you mistakenly sell the glass leave those open. i also left the roofs open.

yep, massive profit for a house with holes in it.

[Thomas ' Tom' Jeffrey Hanks]

I earned a profit off the cheapest house(14k on a 40k buy) after realising i couldn't sell or destroy the pre-made roof, AFTER having destroyed all the walls. So i began putting up some walls trying to save it but realised some of the prebuilt roof cut through the walls in an ugly way, so i just sold it with most of the exterior walls, no windows, one door, no interior walls, no paint or flooring.

So earning a profit is incredibly easy i'd say.