BY BRAD BECKETT ON OCTOBER 18, 2021
Flipping houses is a hot topic that we cover quite a bit. A recent article on Realtor.com says high home prices, combined with a record-low number of homes for sale and rising construction and appliances costs, are burrowing into flippers’ bottom lines. Click here to read more.
They say that for flippers, it is really is the best of times and the worst of times. However, they did crunch the numbers and talk with experts to come up with the 5 best and worst places to flip a home.
There is opportunity, but you’ve really got to be smart in where you purchase and know that market,” says Charles Tassell, a real estate investor and chief operating officer of the National Real Estate Investors Association. “Finding the right spot is the hard part right now.”