Photo by Karolina Grabowska from Pexels The golden rule of house flipping states that entrepreneurs should never pay over 70% of a property’s value after subtracting the cost of renovations and associated fees. Known as the “70 Percent Rule,” it sets a standard for improving the chances of turning a profit even if unexpected financial challenges arise. Few...

Photo by PublicDomainPictures from Pixabay To an upstart house flipper, the difference between renting a property or selling it quickly may seem inconsequential. After all, entrepreneurs get into the real estate game to make money. Why should it matter? Truth be told, owning rental properties and fix-and-flip business models are like comparing apples and oranges. Although apples and...

Image by JayMantri from Pixabay Reality TV shows captured the entrepreneurial imaginations of everyday people that anyone with cash and determination can turn a profit remodeling blighted homes. While profitable home-flipping tends to be more difficult than celebrities make it seem, one niche group appears to have a secret recipe for success — Flipsters. The term “Flipster” is...