Tag: Fort Lauderdale
The Right Stuff: Which Defects Offer the Most Opportunity for Profit?
Successful flipping isn’t just a matter of finding a house and fixing stuff that’s wrong with it. Successful flipping means finding a house with the right stuff wrong with it! One of the problems with the flipping approach to properties is that the repairs and upgrades that tend to add the most value are typically…
An Introduction to ROI – Return on Investment for House Flippers
ROI stands for “return on investment,” and it’s a key concept for any investor to understand. ROI answers the question “how much will I get back per dollar I invest?” It’s usually expressed as a percentage. Example: You own a house. You assess the market value at $100,000, as is. You spend $5,000 in repairs…