Benefits of house flipping

[Bousine123]

I think it's very lucrative but has lots of risk involved in it. If you buy a house that is bad in construction it may take a lot more money to renovate it and you might not recover it in the sale.

 

[Hojo]

Benefits of house flipping is good profit and sometime you want it for your own use because it's close to your occasion or for business purposes

 

[Toyoabasi]

House flipping is the act of buying a house from auction, developing the house, and finally selling or renting out the house.
This process is what most house investors do. The benefits inherent in a deal like this are very numerous to the Estate Agent. Some of them are as follows:
1. Cheaper houses
Houses sold or put on rent in the process are not as expensive as other process because the investor wants to realize his return as soon as possible, due to that he sells at not to expensive like other houses.
2. Great profit for the investor
Due to the fact that he gets the house mostly at a reduced price at an auction, his profit seem to be always so high.
3. Hedge over inflation
This method of Estate investment has a cushion against inflation because the value of the house keeps on increasing as time goes by .
What's your opinion on this?

Wow.
Thanks for sharing, it is my first time of learning the term 'House flipping'.
I think this would be of gain to the buyer as the cost of the auctioned house is not expensive. After developing the house, it is sold at a price that would be profitable to the seller.

 

[Bousine123]

The benefits of house flipping include the following,
1.you get to be your own boss after buying the house,
2.you get to invent the kind of house you want.
3. You get to develop your community and earn some respect .
4. You can earn back more money than the amount you invested. Thanks

Post automatically merged: Nov 24, 2021

The benefits of wearing sunglasses is as follows,
1. It protects the eyes from ultraviolet rays
2. It makes one to easily adapt to darkness in the night
3. It makes protects the eyes from contracting cataract
4. It enhances appearance

 

[tyrim88]

House flipping is the act of buying a house from auction, developing the house, and finally selling or renting out the house.
This process is what most house investors do. The benefits inherent in a deal like this are very numerous to the Estate Agent. Some of them are as follows:
1. Cheaper houses
Houses sold or put on rent in the process are not as expensive as other process because the investor wants to realize his return as soon as possible, due to that he sells at not to expensive like other houses.
2. Great profit for the investor
Due to the fact that he gets the house mostly at a reduced price at an auction, his profit seem to be always so high.
3. Hedge over inflation
This method of Estate investment has a cushion against inflation because the value of the house keeps on increasing as time goes by .
What's your opinion on this?

One important thing about the strategy of house flipping is that,the developer is always eager to recover his investment,reason he would be too quick to sell the developed property at a very reduced rate compared to other similar structures around.

 

[Kubiat-Abasi]

House flipping offers a great return on investment. Most small real estate investors start out this way our agents. In flipping a house, you need to check the current and future value of the house such as; the location, the basic amenities or infrastructure available.

 

[Mayox25]

There are numerous investment opportunities in real estate and house flipping is one. This will be so when care is taken in selecting house to buy so as not to buy dilapidated building that will take a lot of resources to rehabilitate.

 

[joy101]

The Benefit of flipping house is to make good money from it, house flipping is really a good investment and also to make good money in the business.

 

[greenie]

Flipping properties and buying and holding real estate represent two different investment strategies.
Owning real estate offers investors the opportunity to accumulate wealth over time and avoid the stock market's ups and downs.
Flipping can provide a quick turnaround on your investment and avoids the ongoing hassles of finding tenants and maintaining a property, but costs and taxes can be high.

 

[Dagm1]

The ability to generate a good profit is one of the advantages of house flipping. The primary motivation for flipping a house is to profit. Personal development is another advantage. It will, however, cost a significant amount of time and money. House flipping is a lucrative business.

 

[HayKay]

Of course house flipping can be profitable especially if it's in areas with high property demands; then that flipper would be in good cash. Otherwise he'll just hold and sell later since properties never dwindle in prices.

 

[Setho]

This looks like a very good and smart opportunity to look into. I am particularly more worried on how you are going to continuously get houses on a cheaper rate. If it is going to be by auction then you will be facing a lot of competition.

 

[Good-Person]

Flipping houses could be more beneficial if you have more than one house. However, many people sell the houses and buy a new one even when they have only one house. However, it requires them to move out of the house every time they sell the house. One should be careful with house flipping. Even though it is profitable, but there are still chances of facing huge loss.