Flipping

Flipping homes is a common real estate investing strategy. Learn more tactics and strategies here.

Jan 12, 2011Jun 20, 2024 J Scott

The Myth of “No Rehab” Rehabs

In the course of a typical week, I get to see and hear about a lot of properties for sale to rehabbers. Inevitably among them are properties advertised by sellers…

Jan 04, 2011Feb 20, 2024 Jeff Brown

Buying Notes at a Discount: Perfect for Real Estate Investors with Cash

Sunday was fun, as some of us at BiggerPockets enjoyed lunch together in Hollywood. It was cool talkin’ with investors — beginners up to battle scarred vets. One of them,…

Dec 02, 2010Jun 20, 2024 Joshua Dorkin

The Hard Money Loan Funding Process: A Guide for Rehabbers

You spot a house that you would like to rehab or flip and decide make an offer. You plan on financing through a hard money lender, but haven’t yet done…

Jul 01, 2010Mar 16, 2021 Shae Bynes

Flood Insurance May be a Concern for Rehabbers and Landlords

I don’t watch much news these days, but even if you watch no news at all, you’re probably well aware of the fact that there are several parts of the…

Apr 28, 2010Jun 17, 2024 J Scott

The 8 Rules for House Flipping

It’s been a relatively tough real estate market for rehabbers/flippers for some time now, and with the home-buyer tax credit getting ready to expire at the end of this week,…

Apr 25, 2010Mar 29, 2023 J Scott

FHA Home Inspection Checklist

As any investor who has ever sold a property to an FHA buyer knows, there is at least one mandatory FHA inspection that must be completed by the lender prior…

Apr 07, 2010Mar 16, 2021 J Scott

The Paper Trail Every Rehabber Should Follow

For anyone planning to get into the business of rehabbing houses(even as a hobby), let me recommend that you have a consistent paperwork regimen with every contractor you hire, regardless…

Apr 06, 2010Jun 17, 2024 Florence Foote

Investing in “the Ick Factor”

I just finished reading a Michael Lewis article in Vanity Fair about Dr. Michael Burry, the physician-turned money manager. Burry is profiled because of his remarkable success in buying credit…

Feb 17, 2010Mar 16, 2021 J Scott

What’s in a Contract? Almost Everything You Need to Know About Contractor Contracts

[Big Disclaimer: I am not a lawyer and I don’t play one on TV. The information I provide below is just my opinion based on my experiences, and shouldn’t be…

Dec 28, 2009Jun 17, 2024 Winston Westbrook

How to Pick the Best Contractor for your REO, Foreclosure Rehab, or Other Remodel

How do you pick someone (a contractor) to take care of your REO, foreclosure, or other home improvement or rehab needs? Do you base it on: the nice shiny truck they…

Nov 29, 2009Mar 16, 2021 Justin Pierce

12 Improvements That Didn’t Pay: Learn From These Rehab Mistakes

Two weeks ago I wrote a warning about over-improving and last week I told you about a house that I over-improved. I went long last week and I didn’t get…

Nov 15, 2009Jun 17, 2024 Justin Pierce

Rehabbers: Know the Warning Signs of Over-Improvement

Rehabbing or flipping is almost 100% art. There are very few hard and fast rules. The goal, like in any business, is to maximize profit. Many times I have quoted…

Oct 18, 2009Mar 16, 2021 Justin Pierce

5 Steps to Calculating the Purchase Price for a Rehab Property

Knowing what to pay for a home is critical in the rehabbing game. I’ve come up with my own method for determining my purchase price for a property. While I…