Understanding how much it costs to flip a house is key to successful real estate investing. Basic house flipping costs involve the purchase price, holding costs, renovation costs, and selling fees. A clear understanding of the cost components is crucial for ensuring your house flipping is a lucrative investment strategy. Otherwise, your budget will quickly disappear, along with any profit.
My husband, Gene, and I own Taylor Made Properties LLC in Indiana. We invest in a mixture of long-terms rentals, mid term rentals and flips.
We self manage from buying, construction, repairs to property management. Our investments are located in Brazil and Terre Haute, Indiana.