Comments on: Flipping Houses for Profit—A Case Study

By: Calypso Bay

Calypso Bay — Wed, 02 Mar 2011 04:46:08 +0000

What type of car is that in the driveway? Haven’t seen any like that in Australia!

By: Beginning Investment Strategies to Avoid

Beginning Investment Strategies to Avoid — Tue, 22 Dec 2009 14:01:01 +0000

[...] the same strategy, it becomes less lucrative for everyone participating. This has happened with house flipping. So many people are pursuing properties that are in need of cosmetic renovations that the price [...]

By: 10 Things I’ve Learned in 4 Years of Real Estate Investing | Mortgage Info Today Blog

Mon, 03 Aug 2009 05:36:02 +0000

[...] you plan to flip the home, use expected rents to determine the value of the home. As a rule of thumb, we look for homes whose [...]

By: * 10 Things I’ve Learned in 4 Years of Real Estate Investing

* 10 Things I’ve Learned in 4 Years of Real Estate Investing — Mon, 03 Aug 2009 03:35:50 +0000

[...] you plan to flip the home, use expected rents to determine the value of the home. As a rule of thumb, we look for homes whose [...]

By: Joshua Dorkin @ BiggerPockets.com

Joshua Dorkin @ BiggerPockets.com — Thu, 11 Sep 2008 15:53:39 +0000

@Rob, sounds good to me! I hope you guys do great with this project.

By: Rob

Rob — Sun, 07 Sep 2008 11:22:52 +0000

@Joshua Dorkin, we will show all the numbers. If they turn out to be not so great, I’ll blame Mike.

By: Rob

Rob — Sun, 07 Sep 2008 11:22:09 +0000

@investwithpassion, we are still in the rehab phase, so we haven’t sold it yet. As for the sale price, with incentives I’m sure it will be below 94k, but I sure hope it’s above 82k!

By: Joshua Dorkin @ BiggerPockets

Joshua Dorkin @ BiggerPockets — Sun, 07 Sep 2008 00:59:48 +0000

Good luck with the flip. Let us know what happens when you actually get all of the work done. I’d be interested in seeing the actual numbers that you end up with once the deal is done.

By: InvestWithPassion.com

InvestWithPassion.com — Fri, 05 Sep 2008 00:06:47 +0000

Congrats on the flip! Thanks for posting the details later. It always helps learning when the numbers are involved.

Yes, you got a real deal if you were able to purchase and rehab for $65K and it appraises for $94.

I assume that you sold it at a discount compared to the appraised value and used that as a selling point.

My guess would be $82K with $13K left over to cover the buyers closing cost and some incidentials. Am I far off or did you go a different route?

Nevertheless, great work and keep it up!

By: CoRE #106 - We have A WINNER! | Seattle Real Estate ~ Rain City Guide

CoRE #106 - We have A WINNER! | Seattle Real Estate ~ Rain City Guide — Tue, 02 Sep 2008 20:48:19 +0000

[...] just a bunch of numbers. Advice? – get Brad to line up those columns. TwoWiseAcres on Flipping Houses for Profit – A Case Study left us with more questions than answers. But at least we stuck around long enough to have [...]