Secrets of Flipping Properties
Manage episode 462960493 series 3467352
Learn the secrets to flipping properties in Chesapeake.
This class is Module 19 of 46 in a series called Real Estate Investing Secrets.
Topics covered in this module include:
- What are the different variations of flipping properties and what are some of the pros and cons of each.
- What are the most common ways to finance property flips? And what are some of the more unusual ways?
- Is flipping properties typically an active or passive investment?
- How long do you typically hold flips? And, why might you change that?
- How do you typically exit a flip? How does your buyer typically finance the purchase when they buy from you?
- Is flipping properties typically for real estate investors or real estate entrepreneurs… and what’s the difference?
- How much money is typically required to flip properties? What are some of the less common money requirements?
- What credit is required to flip properties? And, what are some less common credit-related requirements?
- What are the 5 primary skills required for house flippers?
- Is house flipping actively or passively stable? And, what does that means in terms of the entire business blowing up in your face?
- How scalable is house flipping?
- What is your risk exposure with flipping properties? What are some of your risks? How does that increase with certain sub-strategies?
- How quickly do you make money with flipping houses? What amount of money do you make at that interval?
- How does one typically find deals as a house flipper? What are some of the more unusual ways to find deals?
- What do you use to analyze flips?
- What are the ideal market conditions for flipping properties and what is a challenging market to utilize this strategy in?
- How accessible or available are viable flip deals?
- Can you utilize your retirement money to flip houses?
- Plus much more...
Check out the video and additional resources related to Secrets Flipping Properties.
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
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