Taghouse flipping

What should you not do when flipping a house?

What should you not do when flipping a house? Flipping houses can be a great way to make quick money and provide a buyer with the home of their dreams.  However, a few oversights can turn this exciting venture into a financial nightmare.  Here are 7 things NOT to do when flipping a house. Forget to factor in non-renovation related expenses It’s a common mistake among newer house flippers to only...

How long do you have to hold a house before flipping it?

How long do you have to hold a house before flipping it? There is no law, that I’m aware of, that states a minimum amount of time one needs to hold a piece of real estate before flipping it.  The only caveat, that I know of, is if you’ve purchased a property or plan to purchase a property with an FHA loan. An FHA loan is a popular form of government-backed real estate financing because of its...

6 HOUSE FLIPPING COSTS YOU HAVEN’T CONSIDERED

When it comes to flipping houses, there are so many costs to consider that it’s easy for some expenses – even significant one – to be overlooked.  Here are six of them. #1 Trees When I’m house hunting for a flipper, before I even walk in the property, I do a thorough investigation of the outside.  One major focus is the trees.   If trees are big enough and tall enough to come crashing...

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