How to flip houses for profit (in a hot market) | #3
Flipping houses involves turning over properties in a tight timeframe for cashflow. Essentially flipping can be anything that gives you an income through property.
True flippers are property entrepreneurs who want to make property their full-time job. Your classic flipper uses buying, renovating and selling property, to make money. It’s usually their bread and butter.
There are also other people who do flipping as a side-hustle where they may flip one or two houses per year in addition to their regular job.
How do you flip properties in a hot market? That’s what we are talking about in this episode of the Property Lovers Podcast.
Get the lowdown on the ins and outs of flipping property, so your flip doesn’t flop.
We’re delving into:
- Why you need to become an area expert (and how to become one)
- How to ensure every aspect of your renovation, has a return on investment
- Why you need to focus on activity not the deal
- How to get a competitive advantage as a flipper
- What data you absolutely must know if you want to be profitable
- How to know what offer to accept
It’s live now in all good places for a listen.
Looking to start your property journey?
Register for our free Real Estate Rescue online class for free here.
Links and resources:
View our free downloads here.
Enjoy this episode?
Disclaimer: The content and information provided on the Property Lovers website, podcasts, video or written content is general advice and for educational purposes only. None of the information presented constitutes, or is intended to constitute, a recommendation for any particular security, investment or strategy suitable for a specific person. The information presented does not take into account your particular investment objectives, financial situation or needs. You should strongly consider seeking independent professional advice based on your specific circumstances.