Is House Flipping Still a Thing in 2023?
π π° The short answer is: YES! People are still flipping houses in this current market! πΈπͺ Despite slim margins, the strong housing market is attracting big investors who are flipping three to four hundred homes a year, even here in the Bay Area.
While you won't see the massive gains of the past, some investors are still making 10-20k per home by leveraging their systems and processes. This isn't for your average onesie, twosie flippers, but for those who understand their margins and scalability and stay on budget.
Want to learn more about the data on the housing market? I'm here to provide it to you, so you can make informed decisions. Let's chat soon!
Chris - DRE# 01860548
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E3 DRE# 02073759 | NMLS# 1770437
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#e3realty #e3realtors #teame3realty #RealEstate #houseflipping #realestateinvesting
Did you miss our previous article...
https://trendinginrealestate.com/where-to-buy/wholesaling-real-estate-for-dummies-stepbystep-guide-for-anyone-wanting-to-flip-paper