Though it may be tempting to look to the media for insight real estate is incredibly localized. General statements about one market in the country may not be true for others. Here are a few benchmarks to look at in potential areas you may consider for flipping. While not all of these have to be present the more there are the stronger the indication that the area may be a great … [Read more...] about How to Find the Right Area for Flipping
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
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?
This topic might not be the most exciting, but it’s one of the most important. I’m going to go through a few times you should practice patience in your house flipping projects and what you should be doing during that time. Patience is an underrated skill when it comes to flipping houses. With patience, you can have a more successful and profitable flip. Patience starts at the beginning of your … [Read more...] about The Power of Patience in House Flipping
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?