The FLIP Is On!
August 2, 2013 
1 Comment
Flipping Houses in The News
From HGTV to CNN, network line-ups and newscasts are filled with stories of real estate investors and their success stories. If you’ve ever watched the shows, “Flip This House” or “Flip That House” then you know what we are talking about.
Flipping houses involves buying a property, renovating it and then reselling the home. When done correctly, this is a more viable plan than investing in the ever unpredictable stock market. The recent housing slump dampened the mood of many potential investors, but markets all over the nation are on the rise.
Good Markets
The casual observer might be surprised at how strong the real estate market is currently. Many markets around the nation are posting double-digit gains. Even many of the “Sand States” that saw the worst of the foreclosure epidemic are recovering well. For more information about what markets are hot for house flipping check out the links below.
Consumer confidence on the rise
Consumer Confidence
The backbone to our economy, consumer confidence is on the rise. According to the National Commerce Department, sales of new homes in May rose to the highest level since July 2008! This is very good news for rehabbers.
Recent Boom Attributed to Flipping Houses
Educate Yourself
Make sure you know what the housing market in your area is doing. Real estate is hyper-local. You don’t have to be Alex Foley to know that Detroit and Beverly Hills are not the same. Some markets will lag national trends. Others will never see the wild fluctuations that ‘hot’ areas such as California, Florida, Arizona, and Las Vegas will see. Remember that flipping houses is particularly profitable when you get both Forced Appreciation and Market Appreciation.
Should I be Flipping Houses in this Market?
Flipping Houses 101: Important Basics
The Part-Time Real Estate Investor
Investing in real estate on a part-time basis can be that extra kick in your finances that you need to secure your financial future. For many people, the quick ROI is a huge benefit. By making a plan and executing it you can achieve you goals without taking time away from your family friends and your livelihood.
To learn more about Part-Time REI visit us at http://part-timerei.com/
Or visit us on FB at: https://www.facebook.com/PartTimeRei
Linked In http://www.linkedin.com/company/part-time-rei
Erik Hitzelberger has been Real Estate Investor since 2007. While learning the ropes in the market down-cycle, he now teaches others how to use his systems and leverage other people’s expertise to achieve their own goals.
Erik Hitzelberger – who has written 194 posts on Part Time REI.
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