Once the renovation is complete, the goal is a quick exit. Strategic marketing and staging can help you sell for a premium. Remember, every day the house is on the market is another day of carrying costs.
Flipping isn't just about the purchase and the sale. You must account for , including utilities, insurance, property taxes, and loan interest while the home sits empty. Don't forget about capital gains taxes , which can significantly bite into your final payout if you don't plan ahead. 4. Build Your Team
Make sure you have your funding and renovation budget locked in before you sign on the dotted line. House Flipper's post - Facebook
