Real estate flipping

The concept of real estate flipping may be new but it is important to know about it if you decide to invest in real estate. Here is a brief explanation of this practice.

What is flipping? 

Real estate flipping is an investment that consists of the practice of purchasing properties at affordable prices, their subsequent renovation, and finally their resale, obtaining a profit after expenses. 

It is a type of investment that was born and spread primarily in the USA and then spread to other parts of the world.

However, this type of investment may present risks. 

How does it work?

The investor buys properties to resell them renovated and obtain profits. Usually, one tries to buy properties at a good price in an area with economic growth or in which a redevelopment will be carried out, thus foreseeing that the cost of the properties will rise over time. 

Benefits and risks 

The clearest advantage of this type of investment is the economic return: with the resale of the houses they can obtain many profits. However, bear in mind that you are not without risk: there could be unexpected write-downs or delays in real estate transactions. 

Our recommendations 

Here are some tips from our team regarding flipping:

1. Be patient: this type of investment takes a long time to generate returns, don't be rushed!
2. Trust a team of experts: to be successful you need to know how to choose the right property in the right area. 
3. Wait for the right offer: for the best yield, wait for the right offer that can maximize your earnings. 

The benefits of Florida

The Florida real estate market has proven to be dynamic and constantly growing. This is why we have chosen to operate within it, trying to reduce the risks as much as possible.