Articles For Aspiring & Active Real Estate Investors
Despite negative sentiment surrounding the U.S. economy, home flipping remains a lucrative investment strategy in every state — and North Carolina is no exception.
According to ATTOM Data Solutions’ third-quarter 2022 U.S. Home Flipping Report, 92,422 single-family houses and condominiums were flipped at the end of last year. The average gross profit was $62,000, or a return on investment (ROI) of 25%.
Those who learn how to flip houses in North Carolina may be able to generate a profit of their own. If you want to start flipping homes in the Tar Heel State, this guide will teach you everything you need to know, including:
Flipping houses in Arkansas is a great way for anyone to create wealth and earn impressive returns. With a population of just over 3 million and 1.3 million units of housing, there is ample opportunity to flip houses in Arkansas.
While you don't need formal education or a background in real estate to be a successful house flipper, you need to understand the basics and do thorough research to ensure you're well-equipped to handle the potential challenges. So to help you prepare, here is the complete guide to flipping houses in Arkansas.
Flipping homes is one of the best ways to earn substantial profits in the real estate business without owning a property for an extended period of time. Although it does take hard work and research, you don't need to be a real estate expert to make money flipping houses. Anyone willing to work can make additional income, even if they're currently working a nine-to-five job.
With over 8.5 million units of housing and a median property value of $340,600, New York is an excellent state for house flippers. However, you must have a solid strategy and a solid understanding of the local housing market to be successful.
So, to help you prepare, here is a look at how to flip houses in New York.
Real estate investing is one of the most incredible wealth-building vehicles across every industry. Despite the latest market turbulence, in fact, home flipping remains a lucrative strategy in every state.
According to ATTOM Data Solutions’ third-quarter 2022 U.S. Home Flipping Report, 92,422 single-family houses and condominiums were flipped in the third quarter of last year. The average gross profit in the report was $62,000, translating to a return on investment (ROI) of about 25%.
If you want to learn how to flip houses in Illinois, you’ve come to the right place. This state-specific guide will teach you everything you need to know about flipping homes in The Prairie State, including:
According to ATTOM Data Solutions’ latest Home Flipping Report, rehabbers across the country managed to average a 25% return on investment (ROI) as recently as the end of 2022, or a gross-flipping profit of about $62,000 per deal. Perhaps even more importantly, few states award investors the same opportunity to realize flipping profits like Ohio.
The Buckeye State combines the lucrative potential of rehabbing with the one thing investors need to capitalize on more opportunities: a relatively high foreclosure rate.
If you want to see what the housing market has in store for the real estate investing community in 2023, there’s no better time to learn how to flip houses in Ohio.
This guide will teach you everything you need to know, including:
As a real estate investor, you’ll want to stick to certain principles that will give you a leg up against your competition. Abiding by these rules will not only raise your chances of achieving financial freedom, but will increase the speed, precision, and accuracy with which you make your decisions. This will free up more time for other profitable opportunities.
One such rule is the Maximum Allowable Offer Formula (MAO Formula) - a rule that will surely make you a better and more effective real estate investor.
The Maximum Allowable Offer (MAO) is a tried-and-true calculation real estate investors use to determine the price they would like to...
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.
House flipping shows have been airing for as long as anyone can remember and have gained popularity over the years. These shows appeal to everyone, from new homebuyers looking for some inspiration for themselves to those looking into real estate investing, to people just randomly tuning in while flipping through channels.
Along with the other opportunities the real estate industry provides, house flipping entails the process of purchasing a home, renovating it, and reselling it. The "flip" is the turnaround time from the initial purchase of the home to selling it at the closing table.
With such easy access to the variety of house flipping shows available today, it is important to acknowledge that each will give you a different perspective of the house flipping process. This article will dive into the Flip This House series and how to venture into real estate investing if you wish to explore it further!
House flipping, when done correctly, can be an extremely lucrative way of generating market-beating profits in a very short time frame.
Like most real estate investing decisions, the investor must act with precision and a scrupulous dedication to expense management.
Believe me, making a 15% or better return in a 6 month timeframe is nowhere near out of the question. All you need to do is abide by the holy grail of house flipping - the 70% Rule.
The 70% Rule is a rule of thumb that helps real estate investors find attractive real estate investments, appropriately budget their costs, and ensure they make a substantial profit along the way. It’s a great rule for a house flipper to...
Micro flipping is a phrase that’s been gaining steam in the real estate industry recently and is a new market sector that everyone should know about. Done right, this is simpler and less risky than conventional house flipping and can also be very lucrative. Done wrong, it could land you with some serious financial headaches.
Technological advancements are made with each generation, but it’s fair to say that technology is evolving faster now than it has in the past. With all these developments, the way we do business has changed dramatically.
Many organizations, including Real Estate Skills, function completely online. Remote selling of stocks and shares is possible too, which has opened trading possibilities to the general public that used to be available to professional brokers only.
Micro flipping is a clear example of a business model that really only works in this day and age, where internet resources allow you to access large, complete sets of data. Analyzing...
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