Articles For Aspiring & Active Real Estate Investors
Flipping houses has been a lucrative business & short-term investment strategy for many years. However, the investment strategy’s potential to generate a lot of money has found renewed popularity in recent years.
A house flip is defined as an investment property that is bought and sold within the same 12-month period. Real estate flippers find distressed properties (or fixer-upper homes), remodel, and sell the property for profit.
According to ATTOM Data Solutions, a national curator of property data, 94,766 single-family homes/condos were flipped in 2021’s third quarter. Those transactions identified as a ‘house flipping deal’ accounted for 5.7% of the total single-family transactions for 2021- Q3.
This translates to one flip for every twenty real estate transactions of single-family homes.
To provide some context, the median price of the homes that were flipped in 2021-Q3 hit a record high at $281,847. This amounted to a 4.8%+ from the previous quarter...
If you’ve ever seen any shows about fixing and flipping a house on TV, you probably understand it can be a great way to make some significant money.
That said, flipping houses do have some limitations if you don’t know about them. Namely, taxes can cut into your profits if you aren’t prepared.
On the other hand, this guide is for you if you’ve never seen a show but have heard about it and are curious about what flipping houses mean.
In this guide, we’ll examine some common issues with flipping houses, such as;
House flipping is a business model where a person or group buys a home and often a distressed property or an underwater owner puts in some improvements and sells it for a mark-up to maximize profits.
In general, what does it mean to flip a house is defined as a business that purchases a house...
If you’re ready to begin finding motivated seller leads for your real estate business, but don’t know where to start, you’ve come to the right place.
In this guide, you’ll learn what motivated seller leads are and how to find them at any price point.
You’ll learn the key points in speaking with sellers, and most importantly, how to close the deal whether you’re wholesaling, flipping houses, or building a rental property portfolio.
Let’s dive in.
Subject to real estate is a type of real estate transaction. It can be mutually beneficial for both the buyer and the seller.
While subject to real estate may seem intimidating or confusing at first, it is, in many ways, simpler and more accessible than the more traditional ways of buying or selling a property.