Fix and flip, and the choices around it
Decide whether to flip or wholesale, find people who will do the work, and hear panels of operators talk about what is going wrong in the market.
Flipping looks simple on television. In practice it is a handful of decisions made under time pressure, with a lender charging interest every day the house sits.
This path starts with the first fork, flip it or sell the deal to someone who will. It then covers the problem that stalls most new flippers, which is finding contractors, and ends with sessions recorded at our events, where operators and lenders describe the risks they were managing at the time.
Should I Wholesale or Fix & Flip?
Article, 2018You found a deal and a motivated seller. This lays out the differences between wholesaling to another investor for quick cash and rehabbing it yourself for a bigger, slower profit, with the pros and cons of each.
Getting the most bang for your rehabbing buck
Article, 2016Begins by defining fix-and-flip and asking whether it is a viable strategy for you, then looks at where rehab spending pays off.
2 Effective Ways to Get the Best Contractors on Your Team
Article, 2017Takes on the problem that stalls most new investors: you are ready to flip and you have no bench of contractors.
Fix and Flip: Best Rehab Practices, Growth Strategies and Inventory Issues
Event replay, 2023, 42:36A panel of subject matter experts on rehab practice, growth and inventory in that stretch of the market cycle. Recorded in Houston in 2023.
Mitigating the Risks of the Fix & Flip Industry
Event replay, 2022, 48:55Finding reliable contractors, short inventory, supply chain trouble and rising construction costs, with practical ways to limit the damage. Recorded in Tampa in 2022.
BRRRR: Using Private Financing to Recycle Your Capital with Damon Riehl
Event replay, 2022, 31:58Buy, rehab, rent, refinance, repeat. How private loans let you refinance quickly after a rehab and put the same money to work again. Thirty-two minutes.
Flipping the Script
Article, 2021A profile of a former HGTV host who has flipped houses for twenty years and worked in mortgages, investing and fundraising. A good way to end on the long view.