Flip It Good! – How to Make Bigger Real Estate Profits in the Long Run
If you’re looking to get out of debt, save for the future or even set some money aside for a rainy day, there’s no investment more rewarding than real estate. Others may think opening a business to accrue long-lasting earnings is the best way to go, but real estate investing allows you to gain returns quickly rather than having to wait years to finally turn a profit.
Many are under the assumption that if you have a little money, the best thing to do would be to invest it in a property which you can rent out to others. Then, all you have to do is sit back and let the money roll in. Believe it or not, this is both a good idea and a bad idea.
Renting Is a Good Idea Because…
Renting Is a Bad Idea Because…
In the age of instant gratification, the way to property satisfy your desire for financial freedom, the best way to go in real estate investments is to fix and flip properties.
I’ll say it again…
Investing in fix-and-flip properties (properties in need of repairs which you buy at a lower price and fix up and resell at a higher price) is a far more enjoyable, more interesting and more rewarding tactic for gaining profit. Before the housing market plummeted in 2008, many individuals took advantage of the excellent returns on investment buy-to-sell properties had to offer. Once the housing market took a hit, many backed away from this practice, deeming it too risky. Now, the housing market is more stable and profitable than ever and hundreds are jumping on the fix-and-flip bandwagon. With well-known HGTV shows such as Fixer Upper and Flip or Flop encouraging this type of investment, flipping houses is regaining popularity worldwide.
Fixing and Flipping Properties Is the Best REI Investment Because…
Theodore G. found a property in Harvey, LA that he wanted to rehab and resell for a profit. He came to Do Hard Money and thanks to our help, he was able to purchase the home for only $40,000. We covered 100% of the property purchase price and rehab costs of the home and he pocketed a profit of $27,107. He used that money and applied it to an even more profitable DHM deal the next year. He found a home in New Orleans he was able to purchase for $52,000. We covered 100% of the property purchase price and rehab costs but this time he only had to come to the table with $5k cash-to-close. He made a profit of $37,303 on this deal. Instead of sticking with $27,107 and walking away, Theodore had his money work for him through his real estate investments and he made over $64,000 on both properties. For an in-depth look at Theodore’s experience with The Investor's Edge, click below!
We also have current investors who are perpetuating their real estate income to grow larger and larger – pretty soon, they won’t have to work a boring 9-5 job at all! One excellent example is Angela H. who is currently doing two profitable deals in Illinois with The Investor's Edge. One deal has a sale currently pending and looking to make her an overall estimated profit of $48,010. Another deal is undergoing a rehab and is looking to make her an estimated profit of $41,191 when completed.
If you play your cards right, investing in fix-and-flip properties can become a very lucrative source of income, freeing you up to pursue whatever you want to experience out of life. There is a bit of a learning curve, but fortunately, this is where The Investor's Edge comes in.
The Investor's Edge Provides…
See how it all works by attending our next webinar.