If you’re someone who has been flipping houses for a while, you’ve probably gotten your process down to a science. You know exactly what to look for in rehab properties, you have multiple systems in place for finding and securing the best properties before other…
With home prices reaching record levels in many markets around the country, some potential buyers have started pointing fingers at house flippers, claiming that flippers drive prices up at an unsustainable rate. While it’s true that house flippers do improve the value of homes, the…
Following these steps can help you determine how much house flip you can afford. Determine how much you have to invest. Take a look at your current investments and determine how much money you can comfortably put into a house flip. Remember that you should…
ATTOM Data Solutions has released a new housing report with data from the first quarter of 2018, and the news is mostly great for house flippers around the country. He’s a breakdown of the report: Houses are getting flipped at a higher rate than they…
House flipping has been on a slow and steady rise since 2014, and now NPR reports that house flipping is at an eleven-year high. Now, this news could be taken as either a great sign for house flippers or a warning sign for the economy…
Reduced inventory has been a blessing and a curse for house flippers over the last few years. According to Forbes, 967,604 homes were for sale in November 2010. In November of last year, that figure was down to 653,347. On the positive side, low inventories have…
Last month, ATTOM Data released its report on the house flipping industry for the third quarter of 2017. The numbers show an overall downturn for rehab investors across the country, but there are numerous pockets where the trends are actually on an upward swing. Let’s take a…
The National Association of Home Builders has reported that home affordability declined in the third quarter of 2017. However, more than half of families that earn the US median household income of $68,000 can afford to buy a home in the current marketplace. Of course,…
HGTV has given many would-be house flippers the impression that flipping homes is easy. Nothing could be farther from the truth. House flipping is in fact a job, and it’s a job that requires a great deal of skill, planning, dedication, and personal investment. Reading…
The number of rehab investors who utilize house flipping loans has been on the rise over the last decade. In fact, a recent report out of ATTOM Data Solutions found that a full third of house flippers used financing to flip properties in the first…
