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
Many people let a saturated market stop them from pursuing their dreams and starting a business. Regardless of the industry, the most critical part is not being discouraged and focusing on what you can control. When it comes to building a flipping business, you aren’t the first or the last to do it, but you can stand out in a good way. We can’t control a lot about real estate, but there are … [Read more...] about How to Build a Flipping Business that Stands Out in 2022
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
Each year flips are looking better and better! Investors who take the time to meet and exceed the expectations of buyers and comparable properties stand out and get quick sales. What does that mean for you? Small things will make a difference when buyers walk through your flip. There are tons of design choices you can make, and it comes down to being intentional and going the extra step. I … [Read more...] about 2022 House Flip Design Tips