Posts Tagged 'flipping properties'

Property Flipping: The Good, the Bad and the Ugly

Posted on: January 21, 2011

Categories: Buy, Fix, How To Sell, Investors, Profit, Residential House

Author: lbuen

Property Flipping – The Good

These days, the term “property flipping” or “house flipping” carries illegal or fraudulent undertones. It used to just innocently mean buying a property or house below market value or at a discounted price from a motivated seller and selling it quickly with little to no renovations done on the property, thus, quickly generating profit. This real estate game plan includes wholesaling, contract assignment and fix and flip schemes. Property flipping is a good starting point for real estate investors as they can generate quick cash using this strategy with little to no money required.

Property Flipping – The Bad and the Ugly

Then unscrupulous and greedy individuals enter into the already topsy-turvy realm of the real estate market and sullied the innocence of the term through their twisted schemes. They buy a… Read the rest

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Flipping Houses Strategy – Don’t Get This Wrong!

Posted on: September 15, 2009

Categories: Buy, Fix

Author: buyfixandprofit

Flipping Houses Strategy – Don’t Get This Wrong!

Define your “House Flipping” Strategy and Stick To It

When referring to flipping properties, we are referring to the “art” of buying a broken down house, rehabbing it quickly, and turning it into profitable asset in the least amount of time at a controlled cost. The exit strategy can be either to sell for quick profit or rent out the house for cash flow.  The decision typically depends on the state of the current economic market cycle. When property values are skyrocketing it’s easy to fix and flip for quick profit. When it’s a buyer’s market, usually during economic downturns, it’s easy to create positive cash flowing rental properties. Regardless of which profit strategy is chosen, stick to it without wavering.  In the long run this will save you money by not wasting time bouncing back and forth between strategies… Read the rest

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