Flip Rise, 40 Zhiuli Shartava Street, Tbilisi (2026)

Name: Flip Rise
Address: 40 Zhiuli Shartava Street, Tbilisi, 0181, GE
Telephone: +995557450883

We speak: 🇬🇧🇦🇪🇬🇪🇷🇺
💬 DM us for a free consultation

25/05/2024

📋 As we've mentioned before, we have thousands of real estate properties across Georgia at our disposal. Of course, not every property is suitable for us, sometimes due to high prices, sometimes due to the complexity of repairs or bad neighborhoods.

That's why our experts select only the best, undervalued properties with the highest potential ROI for investors. We'd like to show you some of them:

1) Located in the elite complex Old City Panorama in the Chugureti area.

- Size: 39 sq. m.
- Price: $72,150.

Its location in the city center, in one of the most touristic areas, as well as the scale and quality of the project, promises an investor an ROI of 20-25%.
It is ideal as a long-term investment, as the construction boom in this part of the city in the coming years will significantly increase the price per square meter.

2) А studio on Anna Politkovskaya Street, located in one of the fastest-growing areas of the city.

Size: 39 sq. m.
Price: $60,450.

This property offers significant advantages due to its low price, fast renovation process, and high profit. The expected ROI is 25-30%.

3) House in Saguramo — a large object for investors with substantial capital.

House size: 126 sq. m.
Land size: 620 sq. m.

The main advantage of this house is that it is not located within the city limits, but nearby. With the current growth rates of Tbilisi, the price of the house will grow very quickly. The expected ROI is 20-25%.

📞 If you are interested in any of these properties or want to learn more about other available options, contact us today!

We are ready to help you find the perfect investment property 🤝

25/05/2024

🤝 Our real estate agency has been operating in Georgia and abroad for 16 years. Over this time, we have not only accumulated an extensive list of properties but also conducted hundreds of renovations.

1. A complete renovation of a one-bedroom apartment in the modern Park Home complex.

- Size: 46.9 sq. m.
- Purchase Price: $65,800.
- Renovation Time: Just one and a half months, after which the apartment was sold for $108,800.
Overall, the investor made about a 40% profit.

2. Apartment near Europe Square.

Such properties are typically sold at low prices. Old Soviet-era repairs are one of the best opportunities for renovation.
It took a bit longer here, but ultimately, investor made a 35% profit in 2.5 months.

3. Сomplete turnkey process

- Investment Strategy: Despite its low price, the investor decided to invest a significant amount in the renovation itself.
Thanks to this, we were able to carry out a modern renovation with a focus on luxury.
ROI: Just over 42%.

📩 Contact us to book a consultation with our manager. We will provide you with a complete action plan that will help you better understand the process.

12/05/2024

Understanding Georgia's Real Estate Tax Laws for Flippers 🏠💡

Georgia's real estate market offers lucrative opportunities for property flippers, but it's crucial to stay informed about tax regulations and legal considerations:

1) Capital Gains Tax: In Georgia, capital gains from real estate sales are treated as regular income and taxed accordingly. This means the profit you make from flipping your property could be subject to the same tax rates as your other income, depending on your total annual income.

2) Tax Rates: Georgia has relatively favorable property tax rates compared to other states, with an average effective rate of around 0.9%. This lower tax burden can enhance the profitability of investments

3) Transfer Tax: When you sell a property in Georgia, you are subject to a real estate transfer tax unless specific exemptions apply. This tax is based on the property's sale price and is typically $1 for every $1,000 of the sale price, plus $0.10 per $100 or fraction thereof over $1,000.

4) 1031 Exchanges: Georgia follows the IRS rules for 1031 exchanges, allowing investors to defer capital gains taxes on investment properties by reinvesting the proceeds into new properties within specific time frames. This one is really good for flip investors

5) Legal Requirements for Flipping: Ensure compliance with local zoning laws and building codes. Working with a qualified attorney can help navigate these regulations efficiently and avoid potential legal pitfalls.

6) Deductible Expenses: Under Section 179 of the IRS code, investors can expense certain property costs, with a cap of $1,220,000 in 2024. This includes renovation and repair costs, offering a way to reduce taxable income by deducting these expenses upfront

💰At Flip Rise, we help you navigate these tax benefits and legal requirements. Our full-service approach ensures a smooth and profitable flipping experience.

12/05/2024

Georgia Market Update 2024 🏘️

Over the past few years, Georgia has experienced impressive growth in its economy and infrastructure, making it a standout country in the region. With policies that attract investors and support businesses, the country's economy has been steadily growing. Improvements in roads, public transport, and internet services have made Georgia a better place for companies in logistics and technology.

The real estate market is also booming, with cities like Tbilisi and Batumi seeing a lot of new development and attracting investors from around the world. Georgia is becoming a great place for continued growth and investment.

• Economic Growth: Georgia's GDP increased by 7.4% in 2023.
• Real Estate Surge: Home values have risen by 57.94% over the past five years.
• Home Price Trends: Median home prices have seen a 3.6% year-over-year increase.
• Sector Impact: Real estate contributed 18.2% to Georgia’s gross state product in 2022.
• 2024 Forecast: Home prices expected to rise by up to 4% by early 2025.

Investment Climate:
• Foreign Investment Appeal: Georgia continues to attract international investors, thanks to its strategic location and liberal investment policies.
• Rental Market Growth: The rental sector is booming, with rental yields growing at an average of 5-7% annually.
• Urban Development: Tbilisi and Batumi are leading in real estate development, offering numerous flipping opportunities.

🌟 Join Us:
Invest in Georgia’s thriving market and see your capital grow. Contact us to explore true potential

12/05/2024

The Flip Process 🏚️➡️💰

Flipping a property is much more than just buying low and selling high; it's a detailed process involving planning, ex*****on, and problem-solving. Here’s a step-by-step breakdown of what happens during a flip:

1. Property Acquisition
• The journey begins with selecting an undervalued property with high potential. This involves market research and inspections to ensure the property is a good investment without major legal or structural issues. But we've already done that. You just need to choose your preferred option from our list.

2. Planning and Budgeting
• Before any work begins, a detailed assessment is done to create a renovation plan and budget. This includes planning for both expected and unexpected expenses to avoid budget overruns.

3. Design and Renovation
• Our team of interior designers steps in to plan the aesthetic and functional redesign of the property. They ensure that the new design appeals to the broadest market while staying within budget.

• Professional builders and renovators start the physical work, from demolition to reconstruction. They tackle structural repairs, plumbing, electrical work, and more, transforming the property based on the planned design.

4. Overcoming Challenges
• Renovations often uncover unexpected issues like mold, faulty wiring, or hidden structural damage. Our experienced team is skilled at quickly resolving these issues, ensuring they don’t lead to significant delays or cost overruns.

• We handle all zoning and building code compliance, ensuring that all renovations are up to standard and legally sound.

5. Final Touches and Staging
• After the major renovation work is completed, it’s time for the finishing touches. This includes painting, installing fixtures, and final detailing to ensure everything looks perfect.

• Professional staging is done to make the home appealing to potential buyers. This helps them visualize living in the home, which can significantly shorten the sale process and increase the final sale price.

6. Marketing and Selling

• The revamped property is then listed for sale, typically through multiple channels including online platforms, our own real estate agency, and other networks to reach a wide audience.

• We guide you through the closing process, from negotiating with buyers to finalizing the sale, ensuring you get the best possible ROI

Final Phase: Ensuring Your Success

Now you've increased your initial investment by at least 30%, allowing us to target more expensive properties and further boost your profits.

11/05/2024

🏚️➡️🏠 What is Real Estate Flipping?

Flipping, a fast-paced investment strategy, involves purchasing undervalued properties, enhancing them through renovations, and selling them at a higher price for a profit. It's not just about buying and selling; it's about creating value where it was previously overlooked.

We do it better than anyone else:
1) Quick Returns: Short investment cycles—we complete all renovations in 2 months.
2) Property List: We have access to thousands of properties all over Georgia, making it easy to find unique and underrated properties for flipping.
3) Tax and Law Support: Our lawyers will handle all the complexities of real estate related to taxes and local laws.

👷 Process:
• Find: Together, we will choose the most undervalued property with the highest profit potential.
• Fix: Our team of experts, including builders and interior designers, executes high-impact renovations.
• Flip: We list the prepared property for sale through our own real estate agency, ensuring the buyer is found in the shortest possible time.

Whether you're new to real estate investment or looking to expand your portfolio, flipping could be your next big win.

📈 Ready to see your profits rise right before your eyes? Contact us today to learn how you can get started with flipping properties!

Address

40 Zhiuli Shartava Street
Tbilisi
0181

Telephone

+995557450883

Website

https://www.instagram.com/flip.rise/

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