House flipping is an incredible way to get a passive income. In his new video, Artur Verbitsky gives a comprehensive guide on how to get started house flipping. Artur Verbitsky lives in Miami & Los Angeles where he has established a career as a real estate investor and lover of travel. Learn more at arturverbitsky.com.
2. House flipping is a type of real
estate investing that focuses on
purchasing properties rather than
developing them. Homes are
flipped primarily due to their
affordability and the number of
homeowners willing to sell their
homes for a profit.
3. With the increased demand
for real estate in the fast-
paced world, house flipping
has become a popular form
of investment.While it may
seem easy to make money,
there’s more involved than
simply buying and reselling
houses.
4. Flipping houses requires
significant knowledge,
professional guidance, and much
patience. However, with the right
tools and strategies, you can
achieve great results with little
effort. Here is a beginner’s guide
to house flipping.
5. What is House
Flipping?
House flipping is an investment strategy
involving purchasing a house, fixing it,
and reselling it. The primary goal of this
investment strategy is to profit from the
sale of the home, which can be
accomplished by borrowing money to
purchase the house or investing your own
money.
6. The primary reason why house
flipping is considered a sound
investment strategy is that it
allows you to make money from
the difference between what
you paid for the property and
what you sell it for. .
7. Unlike other investments that
require more time, energy, and
money to start, house flipping
requires very little upfront
investment to succeed. The
most important part of this
strategy is to purchase good
houses at low prices and resell
them at higher prices
8. Benefits of House
Flipping
You can start with a small amount of
money, and with a little effort, you can
turn your investment into a profit. Not
only is house flipping an easy way to
make money, but it’s also a great way to
start investing in real estate.
9. Many people have started their
real estate investing business by
flipping houses. You can also
create passive income by doing
this.
10. What to Expect When
Flipping a House for the
First Time
Flipping houses requires a lot of
work, and it may also require you to
sell the house once every two years
to make sure that you are making a
profit. You need to remember that
houses are not always easy to flip,
and sometimes they don’t sell quickly
either.
11. You might find yourself
working on the house for
months before it sells, so if
you’re not willing to put in
the time and effort
required for this kind of
investment, then this might
not be the right strategy.
12. Tips to House Flip
Before purchasing a home, you
must do your homework first so as
not to buy a property that will not
sell at the desired price or may not
be worth its current value when
you decide to sell it later.
13. It’s also essential to learn how
much work goes into fixing
homes before selling them
since most people are
interested in buying homes only
if they are in good condition for
resale purposes.
14. The bottom line is that if you have
the proper knowledge about house
flipping, this strategy can provide
you with consistent profits from
month one until month five or even
six after selling the property if
necessary
15. The real estate industry is one
of the most profitable industries
around. The best part about
real estate investing is that it
can be done anywhere in the
world, any time of the day. It’s
also a great way to make
money for those not financially
stable or looking to get started
in their career.
16. Thank you for watching!
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