Tag: Flipping

Posted on 07/19/2021
House Flipping Loans: Key Factors to Keep in Mind
Photo by Karolina Grabowska from Pexels The golden rule of house flipping states that entrepreneurs should never pay over 70% of a property’s value after subtracting the cost of renovations and associated fees. Known as the “70 Percent Rule,” it sets a standard for improving the chances of turning a profit even if unexpected financial challenges arise. Few...
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Posted on 06/07/2021
The Financial Benefits to Land Flipping
Photo by Lukas from Pexels Reality TV shows highlight the high-risk, high-reward world of house flippers. These made-for-television dramas follow seemingly everyday people through challenges such as finding mold behind walls. In the end, they either ramp up their investment and turn a profit or lose it all. The prospect of losing often deters would-be flippers from rolling...
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Posted on 05/17/2021
House Flipping: Should You Renovate Yourself or Act as a General Contractor?
Photo by Ivan Samkov from Pexels House flipping projects typically take between 45 and 90 days to complete. But when subcontractors have to put your renovations on the back burner, they might incline entrepreneurs serving as general contractors with the right skills to roll up their sleeves. Such scenarios beg whether fix-and-flip business owners are better off going...
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Posted on 09/27/2020
Who Are ‘Flipsters’ & Are They Good For Property Values?
Image by JayMantri from Pixabay Reality TV shows captured the entrepreneurial imaginations of everyday people that anyone with cash and determination can turn a profit remodeling blighted homes. While profitable home-flipping tends to be more difficult than celebrities make it seem, one niche group appears to have a secret recipe for success — Flipsters. The term “Flipster” is...
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