House Flipping Formula
1. Get a
Good Team of Lawyers, Accountants, Contractors And Real Estate Agents etc..
2. Find
Locations that are flip ready (Not All real estate locations are flip ready),
some are rental locations or Destitute (Meaning it’s hard to even collect rent
due to economic circumstances and other factors)
3. Buy right
to make money before you purchase basically (Before you purchase determine if
you can make a profit on the property and determine if it’s even worth the time
and money)
4. Fix (For Competitiveness and For Resell Value or Bare Minimum if you are renting the house
out)
5. Sale (For
Maximize Profits and Quick Sale in mind)
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