Tag: Flipping

Posted on 12/25/2023

Flipping Land vs Flipping Houses: 3 Key Comparisons

Flipping a house is a common practice among DIY enthusiasts and those wanting to make a quick profit in a hot housing market. Flipping land is also another way to improve and sell an existing property by investing your own time and money. While both options share similar benefits, they are better for some situations than others. Here...

Flipping

+ 8 more

Posted on 08/23/2021

What Are The Pros & Cons of Taking Out House-Flipping Loans?

Photo by Karolina Grabowska from Pexels The golden rule of house flipping states that entrepreneurs should never pay over 70% of a property’s value after subtracting the cost of renovations and associated fees. Known as the “70 Percent Rule,” it sets a standard for improving the chances of turning a profit even if unexpected financial challenges arise. Few...

Fix And Flip

Flipping

+ 3 more

Posted on 08/16/2021

How to Choose the Right Property to Flip

Photo by Jonny Lindner via Pixabay Making a flip profitable starts with one straightforward requirement: find a great deal. These tips are straightforward but crucial if you want to nail your first flip or your tenth. 1. Spread the Word that You're In The Market By this point you should have a rock star team nailed down--a few...

Buying

+ 6 more