Flipping Houses
 Home | Free Flipping Houses Articles | Links | | Contact

 
Flipping Houses articles
Flipping Houses Has Become A Fascinating—And Sometimes Very Fulfilling—Way To Make Money. By Taking An Ordinary House And Making It Extraordinary, You Can Make A Ton Of Cash From Improving It! All It Takes Is A Bit Of Hard Work, Style, And The Initial Investment—And Voila!—Success. Welcome To FlippingBasics.com, Your Free Guide To Everything You Need To Know About Flipping Houses. Here, You'll Find Free Resources, Articles, And Information On Our Helpful, Easy-To-Use Site.

As You Explore This Site, You'll Discover...
Revealed: 9 Important Tips To Successful House Flipping   Home Flipping 101: Make Maximum Money With These Methods   Flipping Houses: Common Blunders That Flippers Make   Hot: 3 Tips To Help You Find The Perfect Home To Flip  
Flipping Houses Picture
Flipping Houses Picture
Flipping Houses Picture
Flipping Houses Picture

Remember... If You Are Looking For Quality Information Related To Flipping Houses, Add This Site To Your Favorites Right Now, As We Update It Daily With The Latest News And Information Related To Flipping Houses And Similar Topics. Enjoy The Site.

Everything You Must Know About Loans For Flipping Houses, Buy Ugly House, Real Estate Investors, Home Investing, And Make Money Flipping Real Estate.

Flipping Houses products

Press  For A Message
Latest Related Articles About Flipping Houses
3 Ways to Flip a House for Cash
A lot of so called guru’s are preaching the buy and hold method of creating wealth through real estate. I agree that there may come a time in your business when you will want to hang on to a piece of real estate but you will only want to keep certain types of real estate but if your just getting started flipping a house is the only way to go. There are basically 3 ways to flip a house and each one has its place in terms of location, property type and seller motivation. The First method you can use to flip a house is called retailing. Basically what this means is you buy a distressed house fix it up and sell it on the market. There are many types of distressed houses and there are several...
Continue Reading

Investing In Real Estate Investors
With the never-ending changes in our Real Estate Markets real estate professionals are starting to pay attention to the sound of new commission streams of income. Some realtors have either shied away or ran-away from such terms as "Cap Rate," & "Cash-on-Cash Returns." Terms that only the 'savvy' and 'numbers-oriented people use to determine if a Real Estate purchase is a "Good Deal", or not. A majority of the realtor brethren attended real estate school because they are excited and passionate about the promise of selling real estate and making a fantastic living. That being said "Times are a Changing." Even if you live in a Hot Market where residential real estate sells in 2-3 days there is...
Continue Reading

Real Estate: It Takes Two to Tango
Two people, so a saying goes, can look at one thing and see two different things. In the world of real estate, there are only two people involved in the process, the buyer and the seller. Whoever gets the most benefits, nobody can tell. But whether it's the buyer or the seller's game, getting involved in real estate business can be a very rewarding feat. Real Estate Forum Real estate, in a general sense, refers to anything that is permanently set on a piece of land such as buildings. The concept of real estate lies on the fact that because of property ownership, real estate has turned out to be the most important theme in the business. And when there is a business,...
Continue Reading

Looking For More Articles Related To Flipping Houses?




Flipping Houses
Poll

 
 
 | E-Mail   |   Flipping Houses rss feed
 
Translate/Traduisez/Übersetzen Sie/Traduzca/Traduca/Traduza:
 
 
Flipping Houses: 3 Ways to Make Money Investing in Real Estate

Author:
Jeanette Joy Fisher

The term flipping seems to be everywhere nowadays, including in the titles of a number of television shows that have attracted loyal followings. That means lots of people are interested in buying houses and reselling them at a profit. That's the good news. The bad news is that there's considerably more competition for fixer-upper homes than there was before the concept became so popular among television viewers.

But that doesn't mean there isn't still a significant amount of money to be made buying and reselling homes. Here are three tried-and-true ways to succeed at becoming a successful home flipper.

Fixing and Flipping Houses

The first one is the most popular, and the concept is quite simple (at least on the surface): you find a home that's in need of repair or upgrading, you go in and do whatever work is necessary, and then you put the home on the retail market. Depending upon where you live, how hot your market is, and how good of a bargain hunter you are, you can sometimes make $25,000 (or much more) on a single transaction.

There are some dangers involved in that strategy, of course, including paying too much for the property in the first place and then in underestimating how much the repairs or upgrades will cost. In fact, the latter situation provides one of the most common points of tension in the various television shows devoted to flipping houses, so it's best to have a solid knowledge of home prices and repair costs before you attempt any flipping method.

Fix, Hold, and Sell Later

A second method that works well is to buy a rundown house, do whatever it takes to bring the property up to standard, and then to rent the home on a lease-option basis. There are some advantages to this method. First, you can get a potential buyer into your home without having to pay a real estate fee. Second, you'll be getting a renter who genuinely wants to buy the home at the end of the lease, so they'll take better care of the property. Finally, there may be some tax advantages to you if it takes more than a year for the lease option period to expire. Check with your tax advisor for more details on that.

Flipping Houses

A third method requires a greater knowledge of home prices and repair/upgrade costs, but it can make you a considerable amount of money without having to do any repairs yourself. That method involves finding properties and reselling them to other investors on an as-is basis. You won't make as much money per transaction, since you'll have to sell at a below-market price to the next investor, but depending upon your market and how good you are at finding bargains, you can flip those properties faster, since you won't be doing any repairs or upgrades before you turn around and resell them.

Fixing and reselling homes has been an investment strategy for centuries, and will continue to be a popular investment option as long as folks still live in houses. You can get your piece of that pie if you shop hard, estimate carefully, and know your market!

Copyright © 2006 Jeanette J. Fisher

Jeanette Fisher helps beginning real estate investors with five easy steps to make money in real estate. http://www.doghousetodollhousefordollars.com Free ebooks, teleseminars and Free Real Estate Investing Information

 | E-Mail   |   Flipping Houses rss feed
 
Translate/Traduisez/Übersetzen Sie/Traduzca/Traduca/Traduza:
 
 

Article Keywords:
Flipping Houses


Google



A Quick Note From The Publisher...

If you like the article above, you may be interested in the following article which is also related to Flipping Houses...

How To Become A Real Estate Investing Success
The key to investing in real estate is to find yourself a good realtor. This is important because the real estate market is huge which means jobs in the real estate market are hot. While there is plenty of room for new faces, with new realtors comes inexperience. A single mistake by a realtor can keep a house the market far longer than it should be and in the end it will cost you more money then what you receive in profit. If you are looking to buy and sell real estate it is important to have an experienced and well versed realtor at your side. Before you sign up with a realtor there are several things you should consider. First of all determine if you need a realtor at all. If holding onto a particular property is not a problem from a time or financial stand point you may be able to market it yourself. This would definitely save you money on realtor fees but you may have a hard time moving the house. Also make sure you know how real estate contracts work and have professional look over anything before either party signs. If you decide that you do need an agent for your real estate investments make sure you interview several agents from different companies. Below is a list of questions to ask them before you sign:  How do they market their houses? Will your house get the exposure it needs to sell and sell fast? What is the scope of their marketing? TV? Radio? Magazines? Newspapers? World Wide Web?  What is the realtor's experience and background. How long have they been a realtor, how many houses, have they sold, and how successful have they been?  How long does it take them to sell a home? What is the price range of houses they usually list? How many homes are they trying to sell currently?  Have they worked with investors in the...
Continue Reading

 

Flipping Houses,

Real Estate Investors
News

Flipping Houses

house flipping - Yahoo News Search Results
08/22/2014 12:10 PM
House Flipping 2014: These 10 Cities Have The Best Rate Of Return For House Flippers, Top City More Than Doubled ...
Real estate research firm RealtyTrac released data on Friday showing that the quick reseale of homes bought for investment provides the best returns in Pittsburgh. According to the company's Q2 2014 U.S. Home Flipping Report, Pittsburgh's 'flippers', as the trade's practitioners are known, more than doubled thir money in 2014 via the practice. According to the report,

08/22/2014 09:34 AM
House flipping slows in the Portland area
An analysis found 393 Portland-area houses were flipped between April and June, down 12 percent from the same period a year earlier.

08/23/2014 12:09 PM
Fixing and Flipping Houses Is Harder to Pull Off Than You Might Think
Fixing and Flipping Houses Is Harder to Pull Off Than You Might Think

08/29/2014 03:42 PM
FLIPPING OUT — Flipping houses is popular in much of the country, but in Mississippi …
Cash purchases of homes in the U.S. have reached an all-time high representing one in three purchases. And while many of those are people who are buying a personal home or second home, a significant number are purchasing the homes as investments either to offer as rentals or to “flip”.

08/28/2014 12:19 AM
House-flipping can be smart move, but be careful
Buying a house to flip, or buying a house from a flipper, can work out well for all, but due diligence is required.                

08/29/2014 12:16 PM
Flipping Out: At Long Last, a Noe Valley Flip That Doesn't Completely Suck
Just under a year ago, a Noe Valley Mediterranean built in the 1930s sold for $1.4 million. The house had lovely cathedral windows but needed some updates to areas such as the bathrooms, which sported a color scheme reminiscent...

08/26/2014 09:13 AM
ZINC Financial Introduces New Residential Rehab Loan Program
With the Velocity Loan Program, investors can receive house flipping loans of up to $750,000 with an interest rate of just 10% and 2 points. Velocity investors can take advantage of LTVs as high as 85% of the purchase price, and fund up to 70% of their rehab costs through their Velocity loan. Like all of ZINC Financial’s rehab financing programs, the Velocity program offers funding in as little ...

08/22/2014 11:41 AM
House flipping fading fast, but highly profitable in Minnesota
In Minnesota, 3.2 percent of all closings were flips, down from 4.3 percent during the previous quarter and 10.9 percent last.

08/22/2014 12:55 PM
High-end house flipping is soaring
Overall house flipping is cooling off, but turning houses quickly for sale in pricey neighborhoods still offers big opportunities for hefty profits.

08/27/2014 05:04 AM
5 Mistakes That Make House Flipping A Flop
If you're just looking to get rich quick, you could end up in the poorhouse.

FlippingBasics.com - All Rights Reserved. Legal Information | Privacy Policy
Featuring Information About Loans For Flipping Houses, Buy Ugly House, Real Estate Investors, Home Investing, And Make Money Flipping Real Estate.