In This Article I’ve been working in the real estate industry for over a decade flipping houses, and I’ve made many mistakes—too many to count. I’ve learned costly and painful lessons. And I’ve made a lot of money, but also lost a lot of money. Despite what you see on HGTV, flipping real estate [...]read more5 Lessons I Learned After Flipping 1,000 Houses That Make Me a Better Investor
Want to begin flipping houses in 2024? With this popular investing strategy, you could build a lucrative and flexible real estate business. All any rookie needs to get started is a few skills and a little know-how, and there’s no better person to get you up to speed than today’s special guest! Welcome back to [...]read moreThe Step-by-Step Guide to Flipping Houses and High-ROI Home Renovations
If someone steals a car, police don’t chase after them on foot in the hope they’ll be able to keep up, do they? So it stands to reason that if someone steals some heavy machinery, then a standard cop car probably won’t be much help in bringing them to justice. This way of thinking led [...]read moreCops End Slowest Chase Ever By Flipping Stolen Front-Loader With Another Front-Loader
In this article There’s a lot that goes into house flipping. You need to choose the right market, negotiate a competitive price, work with the best contractors, and get an agent to help you sell for a profit. On top of that, a defined accounting strategy for house flipping is critical to your long-term success. [...]read moreAccounting for Flipping Houses (Tips, Case Study, and More)
The landscape for home flipping across the country was challenging in 2023 as fewer single-family homes and condominiums were flipped and investment returns on these projects declined. A total of 308,922 single-family homes and condos were flipped in 2023, down 29.3% from the 436,807 flips in 2022. This marked the largest annualized decline for the [...]read moreHome flipping activity and profits plummeted in 2023: Attom
In this article Flipping houses can be extraordinarily profitable, which is one of the reasons why it’s a popular real estate investment strategy. You go in with a competitive bid, invest some funds making repairs and sprucing up the place, and then sell. It’s rewarding, and when done well, it can be extremely lucrative. And [...]read moreHouse Flipping Taxes (The Ultimate Guide for Investors)
In this article With house flipping activity remaining high across the country, many investors are wrestling with this question: Is house flipping ethical? There are two sides to the argument, both of which we detail here. The Quick Basics of House Flipping There is more to house flipping than what you see on television. It [...]read moreIs House Flipping Ethical? (The Considerations)
In this article Virtual house flipping can be an exciting, lucrative way to get involved in real estate investing. But as with as any type of investment, it’s important to understand the finer details to determine where you fit in. What Is Virtual House Flipping? Virtual house flipping refers to the process of buying, [...]read moreVirtual House Flipping (Quick & Easy Guide for Investors)