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Our mission at The Dale Ross Realty Group is to be your best resource for real estate advice. Whether you are a buyer, seller, or investor, our team of professionals can answer any questions you might have about real estate. Subscribe to this blog to get the latest news on local market trends and receive expert tips for buying or selling a home.

Friday, November 6, 2015

What's the Secret to Flipping Homes?



Considering Buying? GO HERE to perform a Full Home Search, or if you're a prospective seller, CLICK HERE to receive a Free Home Value Report. For any other questions, feel free to call me at (281) 599-6575, or shoot me an email at rdr@daleross.com.

Is there money to be made in flipping houses? The short answer is absolutely. However, you need follow a few rules in order to maximize your potential and make it worth it at all.
If you're going to try to flip homes, you should have your real estate license so you're not paying commissions whenever you're buying or selling a home. You also need your own rehab group; if you go out and pay retail prices for a rehab group, the chances are your profits are going to be eaten up.

The market is very competitive for homes that are perfect for flipping, so you need to make the buying, rehabbing, and selling aspects of each transaction as inexpensive as possible. You see a lot of shows on TV that make it look easy, but you have to remember that those are shows, not real life; that's just not the way real estate is really done.
There is absolutely money to be made in flipping houses, but you have to do it right! For more tips and advice, don't hesitate to give me a call or shoot me an email. I would love to help!