I’ve shared tips for how to help your flip sell, and guidelines for a successful flip. To reinforce the importance of tips to sell a flip, it’s helpful to know the reasons a flip may not sell. Let’s get into the top reasons I see that flips don’t sell and how to avoid these happening to you! Price It’s a no-brainer that pricing is a primary driver for buyers. Specifically, buyers are … [Read more...] about 6 Reasons House Flips Don’t Sell
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Have you heard this advice? It’s often touted in the real estate industry. Some believe the best way to a successful flip is to choose the worst house in the best neighborhood. I’m going to talk about why it isn’t about the house being the worst that matters, it’s the potential. Could the worst house also have the most potential? Absolutely. When you find a house to flip, especially if it … [Read more...] about Does the Worst House in the Best Neighborhood Still Ring True?
Real estate is generally a great investment option. Successful real estate investing can be a perfect way to achieve regular cash flow and long-term income. Getting into real estate also has tax advantages and helps you diversify your portfolio and leverage elsewhere. House flipping isn’t the only way to get into real estate investing. I’m going to share with you five ways to get into … [Read more...] about Which of these Five Real Estate Investing Strategies is best for You?
I have been scaling a house flipping business for over a decade. When I started, I was between various media to learn all I could about real estate and flipping. Now, with many years of experience (all successes and failures), I put together this step-by-step guide for a profitable flip in 2022! House flipping is an involved process with many steps. To break it down broadly, the steps are: Find … [Read more...] about How to Find a House to Flip: A Step by Step Guide for a Profitable Flip
Let’s get one thing out of the way. You will make mistakes, and I urge you to reframe those mistakes as lessons. As a new flipper, you will learn on the job and improve as you go (like how I did). With that said, I want to touch on five of the most common mistakes I see new house flippers make, so you can avoid making them. Misconception About Successful Flips There are a lot of … [Read more...] about 5 Common Mistakes New House Flippers Make