The vast majority of flipping projects focus on the single-family home. Whether you’re starting with a cute little ranch house, an abandoned gem in the suburbs or an old barn you’re renovating into a spacious home, these are all stand-alone buildings meant to house one family or group of people living together. However, with the…
Flipping a house is a game of budgeting, relatability, and intuition. To know if a property is worth flipping, you have to be able to see its potential, but structurally and domestically. One of those elusive qualifiers sour out by home buyers is ‘charm’. What makes a building charming and whether or not charm can…
Deciding to purchase a new flip is a big decision, even if you’ve done it a dozen times before. No matter how perfect a house looks for your next flip, a thorough appraisal is an absolute must. Every property you buy is your personal responsibility while you rehabilitate it and then it’s yours until a…
Professional house flippers are an independent minded community. Everyone has their own preference for properties to flip, favorite contractors to work with, and personal vision for renovations. With this incredible diversity between styles and methods, it’s no wonder there are dozens of unique tips and tricks for choosing, renovating, and selling flips out there but…
Of course, anytime the housing market is red hot, the flipping industry will feel the effects, in both good ways and bad. But will the current Trump Bump continue, and if so, how will it affect the house flipping business? With the housing market on a steep rise, flippers could struggle to find inventory, but…
Once you have gone through some of the most difficult stages of flipping a house including finding the perfect property to flip, and getting it ready to sell, you must face the last hurdle of selling your rehabbed property. A lot goes into selling a flipped property, and placing your first flipped property on the…
House flipping is a fantastic and often incredibly lucrative hobby. There’s nothing like the feeling of taking a real fixer-upper and turning into the kind of beautiful residence a new family would love to call their home. However, one of the biggest slowdowns to your quick-turnover plans is when a house sits for too long…
When it comes to selling a flipped home, the key is to know your buyer. Many new real estate investors ask, “How has the fix/flip industry changed?” In the past, investors bought zombie foreclosures homes, easily snapping up a deal from the vast inventory. Today, inventory is tight. Meet the typical buyer. He or she…
Real estate investors often rely on a handful of tried-and-true methods to locate residential properties that they can rehab and resell for quick profit. They may, for example, blanket every address in a particular zip code with “yellow legal” letters. Alternately, they might plaster street corners with hand-written “We Buy Houses” bandit signs, or buy…
As the housing market continues to evolve and grow, the flipping business shifts in strategy to accommodate those changes — numbers that are reflected in the latest report tracking the fix-and-flip industry. The Q1 2017 U.S. Home Flipping Report from ATTOM Data Solutions found that while the volume of home flips in the first quarter continued to…
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