A few (somewhat random) thoughts about house flipping:
#fixandflip
1. The average age of houses in the United States is over 35 years. New home construction will take years to reverse the age of housing stock.
#newhomes #newhomeconstruction
2. Renovating older houses that are in need of rehabilitation is part of the solution to the housing shortage.
#HousingCrisis
3. The opportunity to profit by renovating and reselling houses will be available for many years into the future.
#homesales
4. Low skilled fix and flippers may seem like real estate investing geniuses in a hot market when prices are appreciating dramatically.
#housingmarket #economy
5. Professional investors who rehabilitate single-family houses know how to turn a profit flipping houses in any market condition - up, down, or sideways.
#riskmanagement
6. I know of many slightly experienced house flippers who jumped into becoming Multifamily Syndicators to โscaleโ their business. I think most of them who suddenly jumped in that direction have not done as well as they hoped.
#multifamily
9. The same private equity structure for syndication funds used to acquire and slow-flip multifamily properties can and are used in the acquisition of single-family houses which are renovated and sold in a much shorter time period.
#fastprofits #highyield
#alphadog
@alphadoginvest
โFlippers are stealing all of the good houses!!โ
The house: