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6 Best Practices for Flipping Houses and Maximizing Profits

by Brandon Reynolds | Nov 29, 2018 | House Flipping/Wholesaling, Real Estate Investment How-to Articles

One of the ways to earn huge profits in the real estate market is through flipping houses. Like any investment endeavor, however, it involves lots of work and risks. It is important to approach this carefully and with as much knowledge as possible.   So how...
How to Totally Avoid the Dreaded Dealer Status When Flipping Houses

How to Totally Avoid the Dreaded Dealer Status When Flipping Houses

by Al Aiello, CPA, MS Taxation | Nov 19, 2013 | Real Estate Tax Strategies

When you get into “selling” scenarios (like wholesaling, retailing, options, lease options), the IRS (or your CPA) may try to classify you as a real estate “dealer.” Being tagged as a “dealer” could be a financial disaster because unlike a real...

Real Estate Investing: How to Get Started

by Jim Ingersoll | Mar 25, 2013 | Creative Real Estate Investing, House Flipping/Wholesaling, No Money Down

Congratulations! You recognize that today’s real estate investing opportunities are the best that we have experienced in many years. But real estate appears to be so complicated and risky that you never do your first deal. Many new real estate investors get stuck at...
The Biggest Mistake Real Estate Flippers Make

The Biggest Mistake Real Estate Flippers Make

by Phil Pustejovsky | Feb 13, 2013 | House Flipping/Wholesaling, Real Estate Investing Strategies

The biggest mistake most flippers make can be so easy to avoid, yet so costly when it occurs. Newbies and veterans alike make it and, unfortunately, flippers rarely recognize it as a mistake at all. Instead, they tend to blame the economy, the market, or just plain...
Is Flipping Houses Ethical?

Is Flipping Houses Ethical?

by Phil Pustejovsky | Jan 21, 2013 | House Flipping/Wholesaling, Real Estate Investing Strategies

If you define flipping as buying a dilapidated property, completely renovating it, and then reselling it, then such a noble act as turning a neighborhood eyesore into a beautiful home is hardly an ethical question. However, if you define flipping as getting properties...
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