Find craftsmen near you

This is what awaits you in the“best real estate app“!

• Over 15 industries in one app
• Over 50,000 craftsmen professionals throughout Germany
• Over 500,000 craftsmen reviews

In the app you will find recommendations nationwide for:

• Floor
• Roof
• Electrician
• Facade
• Windows
• Tiles
• Garden & Landscape
• Heating
• Home staging
• Painter
• Awning & Shutter
• Sanitary
• Carpenter
• Solar
• Drywall
• Heat pump

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Free in the App Store for iOS and Android.

Craft: Who does what?

Who does what? A brief overview of the typical tasks.

Electrician

The electrician is responsible for the electrical installation in a building. He lays and connects cables, installs switch and distribution boxes, and installs sockets, switches, and lighting systems. The electrician ensures a safe and functioning power supply and takes care of the compliance with the applicable regulations and standards in the field of electrical engineering.

Facade workers

Facade workers have the task of designing and protecting the outer shell of a building. They undertake the plastering, sealing and painting of facades as well as the installation of thermal insulation composite systems. Facade workers not only ensure an aesthetically pleasing design, but also protect the building from the effects of weather and energy loss.

Window manufacturer

Window manufacturers specialize in the manufacture, installation and repair of windows. They take measurements, make the windows according to individual requirements and ensure professional installation. Window installers ensure that the windows provide good thermal and sound insulation and provide optimal protection against burglary.

Tiler

The tiler is responsible for the professional installation of tiles in various rooms. He prepares the substrate, measures and cuts the tiles to fit and ensures that they are laid evenly. The tiler takes care of a neat grout work and provides an attractive appearance of the tile surface.

Garden & Landscape

Gardeners and landscapers are experts in the design and maintenance of outdoor areas. They plan and lay out gardens, design terraces and paths, set plants and take care of the maintenance and upkeep of the greenery. Gardeners and landscapers ensure that the garden is harmonious and appealing and offer customized solutions for the individual needs of customers.

Heating

Heating installers are responsible for installing and maintaining heating systems in buildings. They take care of the installation of boilers, radiators, floor heating systems and other components needed to heat a house or apartment. Heating contractors ensure that the heating system works efficiently and provides a comfortable room temperature.

Home staging

Home stagers are experts in staging properties to facilitate their sale or rental. They optimize the interior design, using furniture, decoration and lighting in a targeted way to make the rooms look appealing and inviting. Home stagers ensure that the property appeals to potential buyers or tenants and stimulates their imagination.

Painter

Painters and varnishers take care of beautifying and protecting the interior and exterior surfaces of a building. They paint walls, ceilings, facades and other surfaces, pre-finish them and select appropriate colors and techniques. Painters provide a fresh, clean, and attractive appearance and help protect surfaces.

Awning & Shutter

Experts in awnings and roller shutters are responsible for the installation, maintenance and repair of these sun protection systems. They take measurements, install awnings or roller shutters on windows, terraces or balconies and ensure that they function properly. Awning and shutter installers provide the desired sun protection and privacy for residents.

Sanitary

Plumbers handle the installation, maintenance and repair of plumbing fixtures and fixtures in bathrooms, kitchens and other spaces. They install sinks, toilets, showers, plumbing, and wastewater systems and make sure they work properly. Plumbing technicians ensure proper water supply and sewage disposal in buildings.

Carpenter

Carpenters are experts in the manufacture, installation and repair of wooden structures and furniture. They make custom pieces of furniture, doors, windows or stairs and install them professionally. Carpenters provide high-quality woodwork and contribute to the individual design and functionality of rooms.

Solar

Solar technicians specialize in installing, maintaining, and repairing solar systems to generate environmentally friendly solar energy. They mount solar panels on roofs or in other suitable areas, install inverters, and ensure proper wiring. Solar technicians ensure that solar systems operate efficiently and help reduce energy consumption.

Drywall

Drywall builders are responsible for the interior finishing of buildings. They erect partition walls, clad ceilings and walls with plasterboard and carry out other drywall work such as installing insulation or filling the boards. Drywall builders create functional and aesthetic room structures and contribute to the flexibility of room design.

Heat pump

Heat pump installers specialize in the installation and operation of heat pumps. They ensure that the system is properly sized, install the heat pump components and connect them to the heating and hot water system. Heat pump installers ensure that the heat pump operates efficiently and contributes to the sustainable heat supply of the building.

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The real estate guru!

What is Fix and Flip? Success & Risk

Fix & Flip describes a strategy of real estate trading in which a property is bought cheaply, then upgraded cost-efficiently through refurbishment or renovation measures, and subsequently sold for a higher sales price. The profit is the difference between the selling price and the purchase price including the revaluation costs.

Fix & flip is a risky variant of real estate trading, since the goal is a timely sale and not a long-term return.

Fix & Flip enables a short-term increase in equity.

Fix & Flip in a nutshell:

• Real estate trading strategy
• Buy, Upgrade & Sell
• Gain profit through sale

What are the advantages and disadvantages of the strategy?

Advantages of Fix & Flip

The Fix & Flip strategy offers several advantages, especially for beginners. It allows you to make quick profits, especially when real estate markets are rising and to enter the real estate market with a small initial investment. You also gain experience-based knowledge about the real estate market and renovation processes.

The advantages summarized:

• Quick, short-term profits
• Low initial investment
• Experience in real estate trading and appreciation

Disadvantages of Fix & Flip

However, the strategy also brings disadvantages. For example, you always have a high risk, especially in case of unforeseen costs or delays during the renovation. Fix & Flip is also a time-consuming process, especially when it comes to finding suitable properties, monitoring the upgrade and marketing the property.

You need expertise and experience in real estate trading and renovation to effectively make a profit. And competition in the market is increasingly complicating the chances to sell properties.

The disadvantages at a glance:

• High risk due to costs and delays
• Time-consuming process of search and marketing
• Efficient upgrading as a prerequisite
• Increasing competition makes trading more difficult

Let’s look again in detail at the three main steps of the Fix & Flip strategy.

Fix & Flip property purchase: Market analysis and financing

The first step for your Fix and Flip plan is to find a suitable property. You must pay attention to the condition and location of the property. The condition of the property will determine the costs incurred and the duration of the upgrade.

The location plays a more extensive role.

If the property is in a busy location, the purchase price is higher, but you have a higher demand. If the property is in a less favorable location, the purchase price will be lower, but the sale may be delayed because the demand for these properties is lower.

It is therefore important to conduct a detailed market analysis and check properties on site. This way, several properties can be compared specifically according to your criteria and the right property for your fix and flip plan can be found.

The criteria for a Fix & Flip property at a glance:

• Real estate market analysis & comparison
• Checking the condition of the property
• Find object in an optimal location

Once a suitable property has been found, it must be financed.

Fix & Flip Financing: Banks & Risk Appetite

How you finance your Fix & Flip strategy is up to you. In most cases, you will have to rely on the support of external lenders. Banks are a good choice. Which bank will finance your Fix & Flip plan depends on their risk appetite. Since Fix & Flip is associated with high risks, some banks decide against financing Fix & Flip.

You can find out everything about Fix & Flip financing from our partners:

• Fix & Flip Financing

After the successful acquisition of the property follows the upgrading.

Fix and flip property upgrade: refurbish & modernize

The efficient upgrading of the property plays the crucial role in shaping the profit margin. Many Fix & Flip properties require renovation or refurbishment. These improve the quality of life for the residents and also increase the sales price. You should have already determined which measures are explicitly required during the substance check.

The important thing in upgrading is planning.

Proper planning of costs and time will allow you to select the necessary measures and include additional delay.

You can read about how exactly to upgrade your property for your fix and flip plan in this post:

• Fix and flip property upgrade

After the upgrade, the property must eventually be sold.

Fix and flip property sale: Preparation & Valuation

For a successful fix & flip strategy, the sale plays just as crucial a role as the purchase and appreciation of the property. The sale is decisive in the end about the real profit you get from the whole effort. In order to sell the property it must be offered. For this, valuations and price estimates are necessary.

Architects or craftsmen can already evaluate the property during the upgrading measures. This provides you with a clear assessment for the sale. In addition, the early assessment enables you to produce the advertisements and announcements promptly. Thus, interested parties and demand can be found at an early stage.

The sale of the property again at a glance:

• Sales as a decisive factor of profit
• For the sale the property must be offered
• Evaluation by architects & craftsmen
• Early placement of advertisements and announcements

In addition to the simple principles of selling, the Fix & Flip strategy also includes other factors. You can find out what these are in the following detailed guide:

• Fix & Flip property for sale

Conclusion. Fix & Flip to increase capital

The Fix & Flip allows you to either enter the real estate business or continue to grow your capital as an experienced real estate investor. Keep in mind the high risk that the method entails of losing time and profits. Also, the fix & flip is a short-term process. You are using real estate as a sales property, not as a long term income property. This in turn allows after a successful “flip” of a property to directly start the next project.

For a more extensive overview and depth on the entire Fix & Flip, visit our partner. Here you will learn more about the tax burdens, the control of the building fabric, as well as the exact cost accounting for the entire plan.

• Fix & Flip Real Estate