The Cost of Flipping

“Don’t begin until you count the cost. For who would begin construction of a building without first calculating the cost to see if there is enough money to finish it?”

There’s money to be made in flipping real estate, but many people are surprised when they hear just how much of a discount you’ll need when you purchase, in order to be successful when you sell.

This short video outlines six costs to prepare for if you’re considering a project where you’ll buy, improve, and resell a property within a short period of time.

Leave a Comment

Your email address will not be published.

You May Also Like…

Leadership

#1 is the Worst Number!

The number 1 is absolutely the worst number in business. It may be bad for you too!

Think about it: 1 customer; 1 supplier; 1 bank; 1 employee; 1 market; 1 product; 1 service. It sounds simple, yet the number 1 can be devastating in any business. If you lose…

Read More
Inspiration

Happy People Are Givers

When my older daughter, Olivia, was about three or four, she attended a half-day preschool a few days a week. She loved it and was making lots of friends. One day, before I took her, for some reason we got into a conversation about …

Read More