Home Flipping Houses A Step by Step Case Study

A Step by Step Case Study

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“I hate math!”

How many times have you tweeted that frustration in your life? Even math geeks like me sometimes hate math. But if you’re going to be a successful real estate investor, math is part of the package. This is probably most true for anyone looking to repair a home and turn it over.

When turned over, simple math mistakes can result in huge loss of profit and discouragement.

it’s awful.

But success is not a mystery. I believe that learning how to properly analyze flipping is the first step in a successful and lucrative career in house flipping. And it doesn’t have to be difficult or scary.

In today’s post, I created a video that analyzes the fix and reversal transactions and explains the exact steps to use to determine how much potential profit you can get.Use Bigger Pockets’ new flipping calculatorHowever, if you want, you can do the same calculation with pen and paper.

Take a moment to check out the video below for a step-by-step walkthrough on how to analyze this property for potential fixes and inversions.

Photo: Byron Barrett

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