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…
They say that first impressions are the most important, and it’s certainly true when it comes to real estate. Most buyers these days flip through house listings on apps or websites, and the first thing they consider (once they’ve filtered for price and location) is…
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…
Every year around this time, the house flipping industry makes its predictions about what will happen in the year to come. Last year, everyone thought that mortgage rates would go up, new construction would ease the lack of inventory, and prices would tick up slightly.…
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…
2017 was quite the year for house flipping news. At the start of the year, there was a great deal of uncertainty about what the economy would do, whether a housing bubble was set to burst, and whether rehab investors would be able to find…
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…
You may have seen the term “DCR” or “DSCR” while learning about flipping properties and had no idea what it meant. One of the downfalls of property investors is that we use far too many TLAs – three letter acronyms. DCR stands for debt coverage…
The fact that the Bay Area is one of the hottest housing markets in the country isn’t exactly ground-breaking house flipping news. But you may be surprised to learn just how much home prices have increased here over the last five years. According to The…
All the house flipping tips in the world won’t save your flip if you don’t take the time to do the math before you make your investment. Being diligent about the numbers upfront can save you a great deal of time and energy, as well…
