Flipping a house is a common practice among DIY enthusiasts and those wanting to make a quick profit in a hot housing market. Flipping land is also another way to improve and sell an existing property by investing your own time and money. While both options share similar benefits, they are better for some situations than others. Here...

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 TruthSeeker08 via Pixabay Want to flip a property? You need a team of rock stars on your side. This isn't a one-man show; in general, real estate investors only prosper when they've made connections with real estate agents, lenders, contractors, and other investors at the top of their game, and it's even more crucial when you're...