Flipping Houses: How To Flip A House Profitably

[{"selector":"#anim-3a8ed8cb-5e3a-402d-b765-b00e5c36fca1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eb0d6a62-9dff-4075-b0cd-beceda94a41b","keyframes":{"transform":["translate3d(0px, -200.18068%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

Flipping houses can be done in various forms so let us take a look at some of the most common methods.

[{"selector":"#anim-e44a6432-b7ab-4833-b731-0230347320a0","keyframes":{"opacity":[0,1]},"delay":250,"duration":1400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0f575ef0-bc98-4190-ae55-538d79b2eff6","keyframes":{"transform":["translate3d(0px, 186.85690%, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":1400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f73b8159-d38d-43ba-9bd0-93f6cd5eba61","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-282e24c4-d9ed-4454-98de-065b16c4fa54","keyframes":{"transform":["translate3d(0px, 99.03864%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-56b70164-ebe9-43c0-bb38-a2b913fed430","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3a57b8c6-4659-4ebc-8aa1-08de7342ca7d","keyframes":{"transform":["translate3d(-98.81517%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

How To Flip A House: A Step By Step Guide

[{"selector":"#anim-532dab7f-08a0-4935-a0d0-ba97462b26c5","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-f312cb65-30fd-482e-af49-86d1b184ea20","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Gray Frame Corner Gray Frame Corner Gray Frame Corner Gray Frame Corner Learn more

Define Your Area And Neighborhood Research what kind of neighborhood you want to target. This will determine your price range, potential target buyers and also the level of rehab which would be needed.

[{"selector":"#anim-6159dcd8-ed41-404a-86dd-536cff21dd9e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3e89aead-1e35-4d03-b3c7-8f519af26ddf","keyframes":{"transform":["translate3d(0px, 209.78394%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

Usually the properties which are great candidates for flipping will not be listed by real estate agents on Multiple Listing Services (MLS).

[{"selector":"#anim-f9dd596f-6a27-4f46-994b-47f5a3ebb035","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2f855528-f866-4f9b-aae9-30a2e40cc4a8","keyframes":{"transform":["translate3d(0px, 244.51709%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

Determine The Rehab Budget

[{"selector":"#anim-6267eff1-3ed9-4058-b433-8ff71d2895f9","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-c36234d8-9d37-4d66-8eca-a2faaf53006b","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Gray Frame Corner Gray Frame Corner Gray Frame Corner Gray Frame Corner Learn more

Rehab costs: This is the cost to actually fix up the property. J Scott in his book on Estimating Rehab Costs provides a great template to capture all details.

[{"selector":"#anim-cdb0f5c0-67e8-499c-8a34-bb5a4a362d88","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e5e2918f-ae5d-4111-8fda-f9d66fce1eb1","keyframes":{"transform":["translate3d(0px, 407.72950%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-523b800d-ea25-4036-a106-2acb1217c4d4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-56618d59-6461-4da6-ace8-d22da19ff756","keyframes":{"transform":["translate3d(0px, 76.75121%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

Determine The Buy Price To flip a house profitably; you need to run the numbers accurately. Do not fall in love with a property and then adjust your assumptions to make it look profitable on paper.

[{"selector":"#anim-5c0db75f-ed33-459f-b6e5-80b193de6b5e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-89ab57b9-eef3-4878-9f41-a47ea848fafd","keyframes":{"transform":["translate3d(0px, 98.20669%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9c5f02f0-874a-471b-bcea-bc39dd0c5187","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5aff9dfc-a806-43d2-8314-37697255792a","keyframes":{"transform":["translate3d(-97.63034%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5f9e0947-0902-4c4c-9798-3f1d4a7b50cc","keyframes":{"opacity":[0,1]},"delay":250,"duration":1400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-162a765a-d170-4d6e-9de2-df7f4afabf56","keyframes":{"transform":["translate3d(0px, 145.06173%, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":1400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

Swipe Up for more about Flipping Houses: How To Flip A House Profitably

[{"selector":"#anim-f6892387-dd9b-431c-a911-36fde5a0b223","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ab8fb9a5-46db-4bf8-a356-5b52f2c4e76b","keyframes":{"transform":["translate3d(259.40593%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5d180a54-b6bf-405e-b99d-5bca189f3c20","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7188ebfe-4e0e-434e-8054-4ea4d607f2ce","keyframes":{"transform":["translate3d(151.50000%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5355cd08-c0ff-4ba6-9359-8032c08eca11","keyframes":{"opacity":[0,1]},"delay":300,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7c4cd548-92c6-4245-a900-ce9839c0caa7","keyframes":{"transform":["translate3d(42.07921%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-edd43714-fe75-4009-a081-61682339db3d","keyframes":{"opacity":[0,1]},"delay":300,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-64823afa-2745-4d3e-9f16-4d75f75c23d4","keyframes":{"transform":["translate3d(-260.89109%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3a124093-c5ec-4ce3-a35d-13511d13be60","keyframes":{"opacity":[0,1]},"delay":400,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5fcc7b04-d3d5-47d5-bce8-f7ae68ea57cc","keyframes":{"transform":["translate3d(-154.5%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a566f845-081a-4b4d-8afd-ba05e4125e83","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bf7bcdec-cbe7-4d2f-a868-ca27ff2b637d","keyframes":{"transform":["translate3d(-44.55445%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bce78452-149a-40a3-b7a7-a1cfa911a8de","keyframes":{"opacity":[0,1]},"delay":600,"duration":1600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-678cc40f-7d6d-4d58-b96e-bf10eedc8a5f","keyframes":{"opacity":[0,1]},"delay":600,"duration":1600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] How To Evaluate A Rental Property Including 7 Common Mistakes To Avoid Is Farmland A Good Investment? 4 Factors To Consider

Flipping Houses: How To Flip A House Profitably

Flipping houses can be done in various forms so let us take a look at some of the most common methods.

How To Flip A House: A Step By Step Guide

Define Your Area And Neighborhood Research what kind of neighborhood you want to target. This will determine your price range, potential target buyers and also the level of rehab which would be needed.

Usually the properties which are great candidates for flipping will not be listed by real estate agents on Multiple Listing Services (MLS).

Find The Property To Fix and Flip

Determine The Rehab Budget

Rehab costs: This is the cost to actually fix up the property. J Scott in his book on Estimating Rehab Costs provides a great template to capture all details.

Determine The Buy Price To flip a house profitably; you need to run the numbers accurately. Do not fall in love with a property and then adjust your assumptions to make it look profitable on paper.

Swipe Up for more about Flipping Houses: How To Flip A House Profitably

Swipe Up for more about Flipping Houses: How To Flip A House Profitably

Read more