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Real Estate Investment Property Flipping
Flippers are back, scooping up homes at steep discounts, and hoping to turn a nice profit on them… should we start panicking?
Is this new flipping trend going to result in another real estate crisis?
Experts say no, because the last generation of flippers didn’t care how high prices were — they just kept on buying, assuming prices would keep going up. They say this new generation of flippers are long-term investors, who are much more smart and savvy.
While these investors are playing a crucial role in reviving the housing market – buying up homes that have been foreclosed on and getting them back into shape – even good flippers can make things more difficult for the traditional buyer who needs to borrow.
Are flippers a good sign? CLICK HERE to read more.
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Flippers are Back, Buying Cheap and Selling at up to 50% Markup is brought to you by SimplifyEm Pay Rent Online and Property Management SoftwareYou might also want to read:
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Flipping is good when done right, ethically, and legally. When all is above board then vacant house inventory is moved, formerly vacant and abandoned houses are rehabbed and then contribute to the community rather than detract from it. Everyone has a responsibility in avoiding another RE Crisis, but real estate investors can be in the forefront of a nice recovery.