Steps in a House Flip Too Costly to Miss
Steps in a House Flip Too Costly to Miss
Flipping houses is a business full of decisions. Each choice you make has the potential to impact your timeline and profit. A wrong choice can cut into your final profit and throw off your schedule completely. We’re not only talking about the big choices here. There are dozens of small decisions you’re making that individually or collectively […]
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Flipping houses is a business full of decisions. Each choice you make has the potential to impact your timeline and profit. A wrong choice can cut into your final profit and throw off your schedule completely. We’re not only talking about the big choices here. There are dozens of small decisions you’re making that individually or collectively […]
The post Steps in a House Flip Too Costly to Miss appeared first on Threshold Homes | Minnesota.
Flipping houses is a business full of decisions. Each choice you make has the potential to impact your timeline and profit. A wrong choice can cut into your final profit and throw off your schedule completely. We’re not only talking about the big choices here. There are dozens of small decisions you’re making that individually or collectively […]
The post Steps in a House Flip Too Costly to Miss appeared first on Threshold Homes | Minnesota.
Each year flips are looking better and better! Investors who take the time to meet and exceed the expectations of buyers and comparable properties stand out and get quick sales. What does that mean for you? Small things will make a difference when buyers walk through your flip. There are tons of design choices you […]
The post 2022 House Flip Design Tips appeared first on Threshold Homes | Minnesota.
Each year flips are looking better and better! Investors who take the time to meet and exceed the expectations of buyers and comparable properties stand out and get quick sales. What does that mean for you? Small things will make a difference when buyers walk through your flip. There are tons of design choices you […]
The post 2022 House Flip Design Tips appeared first on Threshold Homes | Minnesota.
Today I’m sharing the three most common questions people ask when they discover what I do. These are very common questions I’m asked on social media, in comments from posts, or in DMs. You might be wondering about these things as well! Let’s get into it. Question #1: How Do You Buy a Flip? This is a question that I get from people at all levels of flipping. Some have a real estate background, and some are starting from scratch. It’s a good question and one you may not know the extent o...
Today I’m sharing the three most common questions people ask when they discover what I do. These are very common questions I’m asked on social media, in comments from posts, or in DMs. You might be wondering about these things as well! Let’s get into it. Question #1: How Do You Buy a Flip? This is a question that I get from people at all levels of flipping. Some have a real estate background, and some are starting from scratch. It’s a good question and one you may not know the extent o...
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.
I have been scaling a house flipping business for over a decade. When I started, I was between various media to learn all I could about real estate and flipping. Now, with many years of experience (all successes and failures), I put together this step-by-step guide for a profitable flip in 2022! House flipping is an involved process with many steps. To break it down broadly, the steps are: Find a house, buy the house, renovate it, and sell it for profit. Again, this is a very broad ist but since...
I have been scaling a house flipping business for over a decade. When I started, I was between various media to learn all I could about real estate and flipping. Now, with many years of experience (all successes and failures), I put together this step-by-step guide for a profitable flip in 2022! House flipping is an involved process with many steps. To break it down broadly, the steps are: Find a house, buy the house, renovate it, and sell it for profit. Again, this is a very broad ist but since...
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...
The media has a lot to say about the real estate market, and I am here to provide clarity. I’ll answer: What should you believe from the media regarding the real estate market? Does a recession mean the housing market is going to crash? What happens in a recession? Can a housing market slow down or become more balanced during a recession? Does it have to be a dramatic 10 to 15% drop? Recently, the Federal Reserve Chairman talked about how they would continue to look at rate increases to tame...
The media has a lot to say about the real estate market, and I am here to provide clarity. I’ll answer: What should you believe from the media regarding the real estate market? Does a recession mean the housing market is going to crash? What happens in a recession? Can a housing market slow down or become more balanced during a recession? Does it have to be a dramatic 10 to 15% drop? Recently, the Federal Reserve Chairman talked about how they would continue to look at rate increases to tame...
Your flip will only be as good as the people on your team. Hiring a contractor can take time but it is worth the work to get a contractor within your budget, who agrees to your timeline, has good reviews, and who you get along with. I have looked for and vetted many contractors, and, thankfully have found some who check all these boxes and who I stick with at this point. For you to do the same, I have compiled a helpful list of ten things to look for in a contractor. References Getting reference...
Your flip will only be as good as the people on your team. Hiring a contractor can take time but it is worth the work to get a contractor within your budget, who agrees to your timeline, has good reviews, and who you get along with. I have looked for and vetted many contractors, and, thankfully have found some who check all these boxes and who I stick with at this point. For you to do the same, I have compiled a helpful list of ten things to look for in a contractor. References Getting reference...
Like any other business, some people excel, and others struggle. Flipping houses is not a specific science, but several things set the ones who do it well, apart from those who don’t. I came up with four things that set successful flippers apart. Let’s get into four ways people who excel at house flipping differ […]
The post Why Some People Excel at House Flipping and Some People Don’t appeared first on Threshold Homes | Minnesota.
Like any other business, some people excel, and others struggle. Flipping houses is not a specific science, but several things set the ones who do it well, apart from those who don’t. I came up with four things that set successful flippers apart. Let’s get into four ways people who excel at house flipping differ […]
The post Why Some People Excel at House Flipping and Some People Don’t appeared first on Threshold Homes | Minnesota.
So, you’re getting ready to start house flipping, but you’re wondering how much work you should personally take on. House flippers, especially newbies, might be looking to take on work themselves and cut corners to save on costs. While your profit-driven mind and willingness to get your hands dirty is admirable, I do not recommend […]
The post How Much Work Should You Take On With a Flip? appeared first on Threshold Homes | Minnesota.
So, you’re getting ready to start house flipping, but you’re wondering how much work you should personally take on. House flippers, especially newbies, might be looking to take on work themselves and cut corners to save on costs. While your profit-driven mind and willingness to get your hands dirty is admirable, I do not recommend […]
The post How Much Work Should You Take On With a Flip? appeared first on Threshold Homes | Minnesota.