Never pay more than 70% of the property’s estimated post-repair value (ARV) minus the cost of repairs [1].
Buy the worst house in the best neighborhood, rather than the best house in a bad neighborhood [1]. is buying and selling houses a good business
Successful flips can generate tens of thousands of dollars in profit per property [1]. Never pay more than 70% of the property’s
Every month a house sits unsold, you pay for property taxes, insurance, utilities, and loan interest [1]. 🔑 3 Rules for Success Every month a house sits unsold, you pay
Here is a quick breakdown of the profit potential, risks, and key strategies to help you decide if it is the right business for you [1, 2]. đź’° The Profit Potential
Mold, structural issues, and permit delays can quickly blow your budget.
Profits from early flips can be reinvested to purchase multiple properties or larger commercial buildings. ⚠️ The Big Risks