How to Start a House Flipping Business: Tips To Get Started

January 14, 2020 993 views

A Collection of Resources Related to Starting a House Flipping Business

If you’re considering starting a business flipping houses, then this page is for you. It offers a wide range of resources spanning over many sections giving you an overview of what to expect from this business. The articles are written by many experts on the topic of house flipping.

Before you get to the resources, here are a few brief points to keep in mind.

A house flipping business can be exciting and adventurous. You can make a lot of money flipping houses, or you can lose a lot of money. If you don’t have a lot of experience, then beware, it’s not a skill you can pick up without experience.

There are many variables involved that will determine your profit or loss.

For example:

  • The real estate market — You may buy a house to flip when the market is low, and sell when the market is high, which is profitable . . . or it can work the other way, where you can lose money.
  • The cost of hidden repairs — Repairs to the house you’re flipping are unclear because unless you start the renovation, you will not be able to see all the repairs needed.
  • The repairs — If you are doing the repairs yourself, you can save a lot of money; if you’re hiring someone for everything, you may be surprised about the cost.
  • Ownership time — From the time you purchase the house to the time you sell, it will cost you money in interest and, depending on your financial situation, will keep you from freeing up funds to purchase the next flip. If you hold on to the property too long, you’ll lose money, and if you sell too soon, you may lose money unless you get your price right away.
  • The profit is in the purchase — when you get a great deal purchasing a home, you’ll have a lot more room in your budget for unseen expenses.
  • Background checks — Make sure you do an extensive title search to make sure nothing comes up and surprises you. You also want to look into the area to make sure you are aware of issues such as new developments; for example, what if a new jail is coming to the area, which may scare off buyers.
  • Use the worst-case scenario — Plan for the worst. Doing this will keep you ahead of the game. (e.g., costs, a long time to sell, high repair costs, etc.)
  • Cost estimation — use about 25 percent more when estimating renovation cost because, as mentioned above, you don’t know the extent of the repair until you start your renovation

For more tips and insights, have a look at the collection of handpicked articles to follow, which will give you a strong overview of what’s involved in starting and running a business flipping houses.


How to Start a House Flipping Business

How to Start a House-Flipping Business: Your Essential Toolkit

How to Start Your Own House Flipping Business in 6 Steps

How to Flip a House

How to Start a House Flipping Business (step by step)

Can You Really Flip Houses With No Money? | Real Estate Investing | Blog

How to Start Flipping Houses | Flipping Houses 101

Trends and Statistics

House Flipping Stats: Where the Profits Are Today – Connected Investors Blog

Bloomberg – Are you a robot?

House Flipping Is Back to Pre-Crisis Levels. Here’s Why It’s Less of a Concern. – WSJ

Special Report: House Flipping and Profits

Profitability and Revenue

Is House Flipping Still Profitable in 2019? – Fix & Flip Loans | Flip Loans

How Much Can You Make Flipping Houses? The Answer May Surprise You

Council Post: Can You Make $1 Million A Year Flipping Houses?

How Much Do House Flippers Make? | LendEDU

Business Licenses

Do I Need a Business License to Begin Flipping Houses? | Real Estate Elevated

Is a Business License Required In Order To Flip Houses

Do You Need A Real Estate License To Flip Houses? | FortuneBuilders

Business Insurance

What Insurance Do You Need to Flip Houses?

Insurance 101 for House Flippers – SelectQuote Blog

How to get the right insurance for flipping a house

What House Flippers Need to Know About Insurance for Real Estate Investors

Construction Renovation: Property Flips and Insurance

Here’s Everything You Need To Know About Business Insurance

How to Finance Your Business

Loans for Flipping Houses: Tips for Funding Your Business

How to Get a Loan to Flip a House

Fix & Flip Loans For Businesses – Your 6 Best Options

Fix and Flip Loans: 7 Best Financing Options for Real Estate Investors – Seek Capital

Here’s Everything You Need To Know About Business Loans

Business Plan

11 Must-Haves In A House Flipping Business | Than Merrill

How to Write a House Flipping Business Plan

How to Write a Business Plan for a Fix-n-Flip Real Estate Company | Bplans

A Sample House Flipping Business Plan Template | ProfitableVenture

How To Write A Business Plan Using This Unique Collection of Resources

Business Cards

flipping houses business card – Google Search … | Real estate business cards, Realtor business cards, Real estate slogans

Latest Image Search Results Related to House Flipping Business cards

See Our Resource for Creating Attractive Business Cards That Work


Design a cool logo for a cool house flipping company | Logo design contest

Spouses Flipping Houses logo design – 48HoursLogo.com

Latest Image Search Results Related to House Flipping Business Logos

See Our Resource for Tips to Create an Impressive Logo


The Best House Flipping Apps for 2019: A Comprehensive Review of Your Options – Homevestors Franchise

Flipper Force | House Flipping Software for Flippers & Rehabbers

House Flipping Software & Data to Scale Flipping & Wholesaling Businesses | ARV, Rehab Costs, Websites, CRM, Marketing

Tips for Realestate Marketing

35 Easy & Effective Real Estate Marketing Ideas | WordStream

23 Bulletproof Real Estate Marketing Ideas

12 Insanely Successful Real Estate Marketing Ideas from Top Agents

107 Outside-the-Box Real Estate Marketing Ideas & Tips (With Examples)

25 Real Estate Marketing Ideas & Trends That Will Dominate 2020

Article Mix

House Flipping | Millionacres

How to Make Money Buying and Selling a House: Flipping | Money

Best Places to Flip Houses

Tips on flipping houses profitably – The Washington Post

33 Pro Tips on How to Flip a House for Maximum Profit

27 House Flipping Tips

How to Flip a House | DaveRamsey.com

What would be the NAICS code for a Real Estate Investor

Learning About Taxes for Flipping Houses | H&R Block

House Flipping Mistakes

5 Mistakes That Can Make House Flipping a Flop

Flipping Houses for Beginners: 6 Mistakes to Avoid | LendingHome Blog

16 First Time Flipper Mistakes to Avoid | First Time Flippers | DIY

Do You Make These 7 Deadly House Flipping Mistakes?

Business Considerations

Is Starting A Business The Right Move For You? Find out Here

Click Here for a List of Important Steps You Must Consider When Starting a Business

Click Here to See the Business Startup Checklists Page

A Day in the Life of a Business Owner ~ See What They Are Saying

Essential Business Skills You Need to Succeed

Resources for Running a Business

Acey Gaspard’s Guide to Starting a Small Business — Made Simple

The Nine-Hour Business Tune-Up

Learning Center SBA.gov

Entrepreneurship Course Online | HBS Online

LinkedIn Learning: Online Courses for Business

Online Courses — Anytime, Anywhere | Udemy

Business Name Ideas

51 Awesome Home Flipping Business Names – BrandonGaille.com

Real Estate Business Name Ideas | ThriftyFun


Real Estate Magazines

Top 25 House Flipping Blogs & Websites in 2020 | Real Estate Flipping Blogs

Flipping Houses Blog Posts – Flipping Junkie


Real Estate Glossary | Home Closing 101

Real Estate Terms, Definitions, and Dictionary In Plain English

Real Estate & House Flipping Glossary

Home Improvement Terminology

Glossary of Terms | The Guide to Home Renovations Large and Small


Books from Amazon Related to House Flipping

Google Book Search Related to House Flipping

The Latest about House Flipping

This section provides resources that will help you stay on top of the latest news, web content, videos, and tweets, related to this industry.

Google Searches

Latest Search Results Related to House Flipping

Latest Scholar Search Results Related to House Flipping

Latest Image Search Results Related to House Flipping


Latest News Related to House Flipping


Tweets Related to House Flipping


Videos Related to House Flipping