
Fix & Flip
Fix & Flip
Fix and flips or purchasing a property below market value and then renovating the property to force equity and selling it for market value is how anyone in real estate makes stellar returns in addition to return on appreciation. To be successful at fix and flip you need to have a basic understanding of construction and complete the work yourself or hire a general contractor with subcontractors who can. Fix and flipping or purchasing value add properties is the core of high return real estate investing, whether it’s 100+ unit commercial multifamily buildings that need renovation, ground up construction or a single family flip, you buy low, add value, and sell high. If you want to create generational wealth through real estate and buy back your time you either do the projects yourself or hire someone. Understanding the fix and flip principal will exponentially increase your wealth building principal in anything.
Questions about certain words? Find the definitions here.
Returns
10
Capital
4
Term
2
Passivity
3
Triple Digit ROI
Moderate Financing Requirements
High Leverage
Multiple Exit Strategies
Pros
Cons
Relatively Active
Construction Reliant
Government Regulations
Market and Seasonal Effects