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House Flipping: Expectations vs. Reality - Threshold Homes | Minnesota

House Flipping: Expectations vs. Reality - Threshold Homes | Minnesota

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House Flipping: Expectations vs. Reality - Threshold Homes | Minnesota
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House Flipping: Expectations vs. Reality - Threshold Homes | Minnesota
House Flipping: Expectations vs. Reality - Threshold Homes | Minnesota
House Flipping: Expectations vs. Reality - Threshold Homes | Minnesota
House Flipping: Expectations vs. Reality - Threshold Homes | Minnesota
thresholdhomesmn thresholdhomesmn | 1 year ago
Before diving into the house flipping business, you’ve likely had a glance into the life of a flipper through social media and house flipping shows. If that’s you, chances are you have some expectations of the process that might need to be debunked. The most common expectations are that flipping is easy, can be done quickly, that it’s a fast way to make money, and that details don’t matter. The reality of each of these is much different. I have some additional advice at the end, let’s ...
Before diving into the house flipping business, you’ve likely had a glance into the life of a flipper through social media and house flipping shows. If that’s you, chances are you have some expectations of the process that might need to be debunked. The most common expectations are that flipping is easy, can be done quickly, that it’s a fast way to make money, and that details don’t matter. The reality of each of these is much different. I have some additional advice at the end, let’s ...
The Power of Patience in House Flipping - Threshold Homes | Minnesota
The Power of Patience in House Flipping - Threshold Homes | Minnesota
The Power of Patience in House Flipping - Threshold Homes | Minnesota
The Power of Patience in House Flipping - Threshold Homes | Minnesota
thresholdhomesmn thresholdhomesmn | 1 year ago
This topic might not be the most exciting, but it’s one of the most important. I’m going to go through a few times you should practice patience in your house flipping projects and what you should be doing during that time. Patience is an underrated skill when it comes to flipping houses. With patience, you can have a more successful and profitable flip. Patience starts at the beginning of your project in looking for a house and building your team and is applicable at the end before you move ...
This topic might not be the most exciting, but it’s one of the most important. I’m going to go through a few times you should practice patience in your house flipping projects and what you should be doing during that time. Patience is an underrated skill when it comes to flipping houses. With patience, you can have a more successful and profitable flip. Patience starts at the beginning of your project in looking for a house and building your team and is applicable at the end before you move ...
What Zillow’s Home Buyer Regret Survey Says About Flipping - Threshold Homes | Minnesota
What Zillow’s Home Buyer Regret Survey Says About Flipping - Threshold Homes | Minnesota
What Zillow’s Home Buyer Regret Survey Says About Flipping - Threshold Homes | Minnesota
What Zillow’s Home Buyer Regret Survey Says About Flipping - Threshold Homes | Minnesota
thresholdhomesmn thresholdhomesmn | 1 year ago
Zillow’s Home Buyer press release, “75% of Home Buyers have Regrets About Their New Home,” has quite the shocking title, but there’s a lot to learn as a flipper. The survey is from February 2022, where new home buyers shared their top regrets. As we know, the real estate market has been in overdrive for […] The post What Zillow’s Home Buyer Regret Survey Says About Flipping appeared first on Threshold Homes | Minnesota.
Zillow’s Home Buyer press release, “75% of Home Buyers have Regrets About Their New Home,” has quite the shocking title, but there’s a lot to learn as a flipper. The survey is from February 2022, where new home buyers shared their top regrets. As we know, the real estate market has been in overdrive for […] The post What Zillow’s Home Buyer Regret Survey Says About Flipping appeared first on Threshold Homes | Minnesota.
The Most Important Skill to Have When Flipping Houses - Threshold Homes | Minnesota
The Most Important Skill to Have When Flipping Houses - Threshold Homes | Minnesota
The Most Important Skill to Have When Flipping Houses - Threshold Homes | Minnesota
The Most Important Skill to Have When Flipping Houses - Threshold Homes | Minnesota
thresholdhomesmn thresholdhomesmn | 1 year ago
We’ve talked about what makes a good candidate for house flipping. Many different types of people like real estate professionals, those with construction experience, and people ready for a career change are just a few. Regardless of a person’s experience and goals, they need to have this one skill to be a successful house flipper. The skill I’m talking about is patience. I will share just how important patience is and when I have to tap into this skill the most as a flipper.  Patience is ...
We’ve talked about what makes a good candidate for house flipping. Many different types of people like real estate professionals, those with construction experience, and people ready for a career change are just a few. Regardless of a person’s experience and goals, they need to have this one skill to be a successful house flipper. The skill I’m talking about is patience. I will share just how important patience is and when I have to tap into this skill the most as a flipper.  Patience is ...
15 House Flipping Lessons I Learned in 15 Years (Part Two) - Threshold Homes | Minnesota
15 House Flipping Lessons I Learned in 15 Years (Part Two) - Threshold Homes | Minnesota
15 House Flipping Lessons I Learned in 15 Years (Part Two) - Threshold Homes | Minnesota
15 House Flipping Lessons I Learned in 15 Years (Part Two) - Threshold Homes | Minnesota
thresholdhomesmn thresholdhomesmn | 1 year ago
8: Have a schedule  Have a plan and a schedule so you can get started as soon as the closing is complete. Something I see from so many students when they come to work with me is a lack of planning or schedule that isn’t done correctly. I recommend, before you even sign the contract, before you own the house, before you have the keys, that you have a plan and a schedule in place. You know who your contractor’s going to be. You know if you will have a project manager or a general contractor. ...
8: Have a schedule  Have a plan and a schedule so you can get started as soon as the closing is complete. Something I see from so many students when they come to work with me is a lack of planning or schedule that isn’t done correctly. I recommend, before you even sign the contract, before you own the house, before you have the keys, that you have a plan and a schedule in place. You know who your contractor’s going to be. You know if you will have a project manager or a general contractor. ...
15 House Flipping Lessons I Learned in 15 Years (Part One) - Threshold Homes | Minnesota
15 House Flipping Lessons I Learned in 15 Years (Part One) - Threshold Homes | Minnesota
15 House Flipping Lessons I Learned in 15 Years (Part One) - Threshold Homes | Minnesota
15 House Flipping Lessons I Learned in 15 Years (Part One) - Threshold Homes | Minnesota
thresholdhomesmn thresholdhomesmn | 1 year ago
Today’s blog is a detailed list of the top fifteen lessons I have learned over my 15 years flipping houses! While there’s truly no replacement for learning from doing, I have extensive experience and would love for you to learn from my mistakes and take the advice I hold true! I am happy to be a resource and help flippers and real estate investors. I have seen it all from luxury homes to low-cost homes, tough neighborhoods, and ruined timelines. No matter the market, there are a handful of ...
Today’s blog is a detailed list of the top fifteen lessons I have learned over my 15 years flipping houses! While there’s truly no replacement for learning from doing, I have extensive experience and would love for you to learn from my mistakes and take the advice I hold true! I am happy to be a resource and help flippers and real estate investors. I have seen it all from luxury homes to low-cost homes, tough neighborhoods, and ruined timelines. No matter the market, there are a handful of ...
House Flip Funding Options  - Threshold Homes | Minnesota
House Flip Funding Options  - Threshold Homes | Minnesota
House Flip Funding Options  - Threshold Homes | Minnesota
House Flip Funding Options  - Threshold Homes | Minnesota
thresholdhomesmn thresholdhomesmn | 1 year ago
Are you clueless about funding a flip? Many new flippers get tripped up in this process, and I was one of them. Unfortunately, it delayed me from getting started. I believed there was only one way to purchase and renovate a house: Having the cash. While that may be the ideal situation, there are plenty of other ways to fund a flip. When you’re starting and building your profits, you must know all the options you may have access to. I always have and always will tell you from experience with ov...
Are you clueless about funding a flip? Many new flippers get tripped up in this process, and I was one of them. Unfortunately, it delayed me from getting started. I believed there was only one way to purchase and renovate a house: Having the cash. While that may be the ideal situation, there are plenty of other ways to fund a flip. When you’re starting and building your profits, you must know all the options you may have access to. I always have and always will tell you from experience with ov...
How to Build a Flipping Business that Stands Out in 2022 - Threshold Homes | Minnesota
How to Build a Flipping Business that Stands Out in 2022 - Threshold Homes | Minnesota
How to Build a Flipping Business that Stands Out in 2022 - Threshold Homes | Minnesota
How to Build a Flipping Business that Stands Out in 2022 - Threshold Homes | Minnesota
thresholdhomesmn thresholdhomesmn | 1 year ago
Many people let a saturated market stop them from pursuing their dreams and starting a business. Regardless of the industry, the most critical part is not being discouraged and focusing on what you can control. When it comes to building a flipping business, you aren’t the first or the last to do it, but you can stand out in a good way. We can’t control a lot about real estate, but there are three things, in particular, you can control that make a difference in the success of your flipping bu...
Many people let a saturated market stop them from pursuing their dreams and starting a business. Regardless of the industry, the most critical part is not being discouraged and focusing on what you can control. When it comes to building a flipping business, you aren’t the first or the last to do it, but you can stand out in a good way. We can’t control a lot about real estate, but there are three things, in particular, you can control that make a difference in the success of your flipping bu...
How to Plan Your Flip Renovation - Threshold Homes | Minnesota
How to Plan Your Flip Renovation - Threshold Homes | Minnesota
How to Plan Your Flip Renovation - Threshold Homes | Minnesota
How to Plan Your Flip Renovation - Threshold Homes | Minnesota
thresholdhomesmn thresholdhomesmn | 1 year ago
House flipping success is dependent on time and budget. A critical aspect of both of these is your plan for renovation. Proper planning can save you time and money. I recommend getting started and detailing your plans as much as possible to ensure you’re starting on the right foot. I’m going to break down when […] The post How to Plan Your Flip Renovation appeared first on Threshold Homes | Minnesota.
House flipping success is dependent on time and budget. A critical aspect of both of these is your plan for renovation. Proper planning can save you time and money. I recommend getting started and detailing your plans as much as possible to ensure you’re starting on the right foot. I’m going to break down when […] The post How to Plan Your Flip Renovation appeared first on Threshold Homes | Minnesota.
Renovating and Selling Your Flip - Threshold Homes | Minnesota
Renovating and Selling Your Flip - Threshold Homes | Minnesota
Renovating and Selling Your Flip - Threshold Homes | Minnesota
Renovating and Selling Your Flip - Threshold Homes | Minnesota
thresholdhomesmn thresholdhomesmn | 1 year ago
Now that we’ve talked about how to find a flip property and how to fund your flip project, let’s discuss renovation and selling. While you’re likely eager to get to the demo day and renovations, it’s critical to have a foundation of knowledge and expectations. For those who are considering a fix and flip for the first time, it’s important to know there are many unknowns. Even if you’ve renovated your home, it is much different when you’re overseeing an entire house renovation. The ...
Now that we’ve talked about how to find a flip property and how to fund your flip project, let’s discuss renovation and selling. While you’re likely eager to get to the demo day and renovations, it’s critical to have a foundation of knowledge and expectations. For those who are considering a fix and flip for the first time, it’s important to know there are many unknowns. Even if you’ve renovated your home, it is much different when you’re overseeing an entire house renovation. The ...