Fix and Flip Investing

Smart real estate investors can make a great living by doing “fix and flips,” which is the process of buying a property (residential or commercial), fixing it up (rehabbing it), and then selling it for a profit.

When this strategy is combined with foreclosures or short sales, a fix and flip transaction becomes a more lucrative real estate investments.

You need to be very knowledgeable about all aspects of a real estate deal before putting in an offer to succeed with a fix and flip. This includes knowing:

• that are you buying the property for less than its appraised, market or retail value
• how much investment (time and money) will be needed to get the property ready to be sold (rehabbed)
• how much will you be able to sell the property for after it is repaired (remodeled)
• how long will it take to sell the rehabbed property

A fix and flip real estate investment could work like this example: You buy a foreclosed home for $100,000, invest three months of time and $20,000 into rehabbing the property and getting it to “move-in” condition, then list and sell the house for $150,000. Take out your carrying costs and selling expenses and your profit is approximately​ $20,000.

Fix and flip real estate investments might be right for you​ if you can do the work on remodeling projects and/or supervise laborers. To learn more about this type of real estate investing strategy and others, check out this free webinar.

Real Estate Investing for Beginners… and Experts!

Free Webinar for aspiring and established Real Estate Investors. It's YOUR key to becoming a successful Real Estate Investor and building a highly profitable business!