Tag: Flipping

Posted on 10/10/2021
The Financial Benefits to Land Flipping
Photo by Lukas from Pexels Reality TV shows highlight the high-risk, high-reward world of house flippers. These made-for-television dramas follow seemingly everyday people through challenges such as finding mold behind walls. In the end, they either ramp up their investment and turn a profit or lose it all. The prospect of losing often deters would-be flippers from rolling...
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Posted on 09/12/2021
Choosing 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...
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Posted on 07/25/2021
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...
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Posted on 10/04/2020
What is a ‘Flipster’ ?
Image by JayMantri from Pixabay Reality TV shows captured the entrepreneurial imaginations of everyday people that anyone with cash and determination can turn a profit remodeling blighted homes. While profitable home-flipping tends to be more difficult than celebrities make it seem, one niche group appears to have a secret recipe for success — Flipsters. The term “Flipster” is...
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