Category Archives: Fix & Flip

Pay Attention to the Warning Signs of Over-Improvement on a Fix Flip

You have the heart of an architect, the soul of an interior designer, the flare of a landscape designer. You have visions of creating the perfect house with that fix-and-flip you have your eye on. And striking it rich when home buyers create a bidding war to purchase your perfect creation. You’re going to open…

How to Stage a Home to Attract More Offers: Find the Winning Look

Without a doubt, it’s worth the expense to stage a home. The question is whether you really need to hire a professional or if you can stage a home with the help of family and friends. If you are in the business of flipping homes to make a profit, consider recycling the same décor items,…

When to Say “NO” to a Distressed Property

When you are choosing real estate properties to flip, you will find that no property is alike. They are in various states of disrepair. Maximizing profit is your number one goal when fixing properties for resale, but not all properties will be profitable. Typically, this is a result of issues that are too large to…

Some Good Places to Spend Extra Money on a Flip

Real estate investors who flip homes want the highest profit possible, but cutting corners isn’t always in your best interest. Although profit is important when flipping a house, some products and materials are worth spending a little extra money on. Not only will your project sell easier, but, in some cases, investing a bit more…

Becoming a Licensed Real Estate Agent Benefits Your Flipping Business

As the housing market gets tighter, finding houses to flip becomes more challenging. One way to get the inside track to find properties is to become a licensed real estate agent. Being a real estate agent gives you extra benefits. Let’s look a little deeper into how becoming a licensed real estate agent benefits your flipping…

What is The 70% Rule?

Flipping real estate is a great way to make an investment pay off in relatively short order. Whether the property is currently in distress, or simply needs a little spit and polish to make it fly off the market, real estate flippers have been buying, upgrading, and selling homes at a profit for as long…

Trends in the Home Flipping Industry: Profits Up, but Costs Up Too

Home flipping profit margins continue to go up even though the inventory of starter homes is down in many towns and cities throughout the U.S. According to an article by MarketWatch.com, trends in the home flipping industry point to higher costs even though gross profits are up. In terms of average gross profit, experts say the highest gross profit…

Warning Signs of Over Improvement on a Fix/Flip

When it comes to real estate investing, the goal is to turn a profit in as little time as possible. People who take on a fix-and-flip project often take great pride in creating a beautiful masterpiece home that creates a bidding war frenzy. New investors often wonder, “What are the warning signs of over improvement…

Which are the Most Profitable Areas to Flip Homes?

Whether you are new to home flipping or a seasoned real estate investor, it pays to choose the right city to turn a profit. As a highly motivated investor, you may wonder,“Which are the most profitable areas to flip homes?” It’s an excellent question. In some cities, home flippers double their money. According to a recent article by…

How to Track Your Expenses When Flipping a House

Whether you’re flipping houses to earn your primary income or doing it as a weekend hobby to supplement your income, tracking your expenses is vital for setting your resale price and knowing what profit you made. But keeping those expenses is more complicated than it appears to be on all those TV shows. Here’s some…