Fix & Flips of Real Estate Investing

Fix & Flips of Real Estate Investing

There are several ways to make profitable investing in real estate. 

In this article, we're focusing only on fix & flip investing.

• The investor buys a home in need of repairs and then sells it at a profit to a retail customers or another investors.  
• Only at sometimes these homes and foreclosure properties are in need to repair and remodel work.  
• Sometimes it may requires a lot of cosmetic work, even if there are no structural issues.

These older homes has to modernize for today's buyers or tenants. So a key factor and a challenge is to claim the ARV (After Repair Value) of the home for the planned work and repairs done.There's no other way for your costs and profits. so you can determine what you are willing to pay for the home.

There is also two different approaches that you can take for fix & flip.

• To concentrated in more affordable area price ranges homes.
• To move higher on the price scale and go for a more elite and higher priced buyer.

Another important aspect of fix & flip is the ability to select the best project manager and sub-contractors.

Fix & Flip is extremely profitable, infact it is the most profitable strategy for real estate investors. However, you should concentrate on challenges of the benefits and profits.  Thank you