The Oldest and Most Trusted Real Estate News Magazine

Is there still money to be made in house flipping? How much did you make on your last flip?

By

Feel free to visit my blog to see what I’m up to www.JamesBroadfoot.com … Project House Flip in Its Entirety {House Flip Before and After} House Flip. Real Estate Investing (Parts I – VI) This video series tracks the progress of my first house flip experience. This is the entire series, Part 1 – 6 of the series, edited together. This is not intended to be a full program format; most of the focus and work went towards the house not the video but I’m glad you have enjoyed them and thanks for your feedback here on Youtube, Facebook, and Twitter. Now is a strategic time both historically and economicly based on the general financial tide and the shifts that are occurring both in the US and globally to take advantage of opportunities in the real estate market. For marketing tips and online business strategy stay tuned or visit my blog. My philosophy is to stay busy and stay motivativated and constantly seek out ways to diversify and take advantage of new opportunities. The internet and social media in general opens up new possibilities every day. Exploring and creating multiple streams of income in a wide array of interest allows you to learn new skills and profit from these different areas of expertise. Visit my blog to see some of the ways I generate income online. Combining your areas of offline expertise with the technology at our fingertips is the best way to keep in time with the trends in our marketplace. House Flip Project. Investing in Real Estate Properties (Parts
Video Rating: 4 / 5

Question by Christopher B: Is there still money to be made in house flipping? How much did you make on your last flip?
Is there still money to be made in flipping houses? Have you tried to flip a house recently? How much money did you make after it was all said and done? Which market were you in?

Best answer:

Answer by cdhannum
There will always be money to be made in house flipping. Know your market. If the market is falling, you will have to catch the market. Buy at a price point proportionate to the margin you would have liked to have had before the fallout.
As long as you are aware of market conditions in the area, there is no excuse to not be able to make money in house flipping.

Give your answer to this question below!

don’t flip this house
house flip

Image by postopp1
a year from now – a condominium!

Tags: , , , , , , , ,

  • Landlord

    If you know what you are doing and get lucky you can flip.

    I was not lucky last year and did not flip any.

    I found one this year, I only repainted it and made 100k.

    It was a fluke, it went on the market WAY below value, was only ugly and somehow I was the only bidder. I am almost always outbid by people paying all cash. I do not keep much cash on hand and have to finance.

    If you can not afford to loose the whole investment this is not a good time to be trying it.

Sitemap Madbadcat Graphics