Articles For Aspiring & Active Real Estate Investors
Real estate investing is a wide-ranging field that encompasses many different strategies and techniques.
Two of the most common strategies that often face comparison are wholesaling and house flipping. Wholesalers and house flippers work together to scout distressed or under-valued properties and renovate them to sell at the current market price.
Both are lucrative practices with high earning potential, but the exact roles and responsibilities vary slightly. Here is a look at real estate wholesaling vs flipping houses; the ultimate guide.
House Flipping TV Shows have become increasingly popular over the years! While house flipping shows are a great way to be introduced to the real estate industry, there is still lots to learn that’s not being covered on your television.
Flipping a house entails purchasing a home with the intention of renovating it and reselling it to make a profit.
Whether you’re planning to flip a house, or in the middle of a project, watching these shows can provide helpful instruction and inspiration.
Let’s give you the run-down on house flipping shows so you can see the reality behind it all!
Real estate ownership is part of the American Dream. While providing a financial and physical harbor in a chaotic world, one’s home has also been one of the best ways to earn a consistent return on investment.
The real estate market in the United States had a home value in 2021 that exceeded $43 trillion. To give some perspective, this equals the combined value of both the U.S. and Chinese global economies.
Real estate has provided decades of investment returns because of the inherently limited nature of land and property. This is why it’s valuable to learn how to find houses to flip or hold long-term.
Real estate investments continue to evolve, often providing many profitable opportunities for those who know where to look and how to invest. Technology has flipped the real estate market on its head – with the results of these advancements still being sorted out by the market.
According to ATTOM Data, in 2021 –
House flipping is among the most lucrative investment strategies in real estate. If done right, it offers an average profit of $62,000 and has a quick turnaround time as well. And since it involves working with professionals from different industries, flipping also enables REI professionals to expand their network and gain more knowledge of the local market.
But while it has its perks, it’s not all rosy. You need to find the right property, build relationships with lenders and contractors, estimate rehab costs, and find permits, all while scouting for the right buyer.
Luckily, we are in an era of digital solutions like FlipperForce. It is designed to streamline and automate these tasks so you can focus on two of the most important ones; finding leads and closing house flipping deals.
Check out this quick video intro that talks about the basics of FlipperForce!
Learn more about its CRM features, pricing, and all there's to it in this FlipperForce review!
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...
Are you considering flipping houses in California? You've come to the right place.
In this article, we're going to cover everything you need to successfully research, purchase, renovate, and sell homes in California. We'll also touch on the legalities of flip properties, the best cities to flip houses in, and how to finance this investment (even if you have no money or poor credit).
California is home to a robust and competitive real estate market. While it can be challenging to purchase your first flip project, it sure won't be hard to sell it later on. Read on to learn more about how to flip houses in California.
Are you considering flipping houses in Texas? You've come to the right place.
In this guide, we're going to cover everything you need to successfully research, purchase, renovate, and sell homes in Texas.
We'll also touch on the legalities of fix and flip properties, the best cities to invest in, and how to finance your flip investment (even if you have no money or poor credit).
Texas is home to a robust and expansive real estate market with unique opportunities to create wealth. Whether you're a Texas real estate investor, virtual wholesaler, or licensed agent, this guide will teach you how to flip houses in Texas.
What's Inside This Article:
Are you considering flipping houses in Florida? You've come to the right place.
In this article, we're going to cover everything you need to successfully research, purchase, renovate, and sell homes in Florida.
We'll also touch on the legalities of flip properties, the best cities to invest in, and how to finance this investment (even if you have no money or poor credit).
Florida has a robust and expansive real estate market. Ranked as the top destination for relocating Americans in 2020 and with over 300,000 new residents annually, there's plenty of opportunity for house flipping in Florida.
Read on to learn more.
If you’re interested in real estate investing and are looking to own real estate, become a house flipper, or buy an investment property to rent out, you might be asking yourself: “Do I need a real estate license to get the job done?”
Investment sales requires a license, real estate rental brokerage requires a license, and being a lender requires a license. But, what about flipping houses?
Well, you’ve come to the right place.
If you are someone who wants to become a successful real estate flipper and buy good real estate investments either as a side hustle or a full-time gig, you must understand the ins and outs of the business. And, that first step is understanding the license requirements - if any - needed to crush it in the house flipping business.
Let’s dive in.