How Realistic Are House Flipping Television Shows?

House Flipping Shows

I flip a lot of houses (20 to 30 a year), and once in a while, I find myself watching a house-flipping show on television. In most cases, I get very frustrated because I know what they are producing is not realistic and nothing like flipping in the real world. Some might think house flipping … Read more

Ten Tips to Being a Successful House Flipper

10 house flipping tips

I have flipped almost 200 houses in my career, and I am still learning the business. House flipping can be an amazing business, but it can also be very risky and tough to succeed in. Over the years, I have learned quite a few things that keep me successful and making money. House flipping is … Read more

What is ARV and How Is it Calculated?

What is ARV?

The ARV (after repaired value) on a house is one of the most important things to know when flipping houses. It is also one of the most important things to know when buying rentals or wholesaling properties. ARV stands for “After Repaired Value” and is what the home will be worth once it is fixed … Read more

The Top 10 Mistakes New House Flippers Make

fixing up a house on your own

Flipping houses can be a very lucrative business, but it is not easy to get started. House flipping is often glamorized by television and companies trying to sell house flipping training programs. The television and real estate investing gurus make flipping houses look easy when there is so much more involved than what they show you. … Read more

How Does the FHA 90-Day Flip Rule Work?

fix and flip from direct marketing

The 90-day FHA flip rule has caused me delays on a few flips this year. The rule basically says that FHA financing is not allowed on a house for new buyers that was purchased fewer than 91 days ago by the current owner. If you buy a house, fix it up, and try to sell … Read more

How Much Money Can You Make Flipping Houses?

How much money can you make flipping?

I have flipped over 180 homes in the last 17 years and although it is not easy to flip houses, it is a lot of fun. You can make a lot of money flipping once you have developed a system and learned the business. I average about $30,000 in profit on each flip I do … Read more

What is the Average Profit on a House Flip?

house flip profit

I have seen many video ads and Facebook ads about the average profit on a flip being $66,000. I flip a lot of houses, and that number seemed very high to me. I did a little research to figure out what the actual average profit on fix-and-flips is. I can tell you that $66,000 is … Read more

How to Flip Houses with No Money

flip with no money

It usually takes a lot of money to flip houses. You have to buy the house, pay for the repairs, pay the carrying costs, and then wait for it to sell to get your cash back out to invest again. Luckily there are ways to flip houses without much money and possibly with no money, … Read more

How Much Money Do You Need to Start Flipping Houses?

costs to fix and flip

Flipping homes can provide a great income, but it almost always takes money to make money. You may hear stories of investors flipping houses without any of their own money, but these investors are usually very experienced at flipping or they are giving up much of their profits. Hard money lenders can allow investors to … Read more

[ Inside Real Estate Investing ]
[ Inside Real Estate Investing ]