The Flip Survival Guide: 5 Essential Tips for Slowing Markets

Описание: Flipping in a slow market requires a different type of skillset and a different level of discipline. But it can be done profitably - in fact, this is how I myself plan to do it this Fall (I am in North Texas). The tips can apply to any situation where the market is sluggish, like we are experiencing right now (Sept 2024).

Flipping houses in a slow market can be risky, especially during the fall and winter months of 2024. In this video, I share 5 essential tips to help you maximize profits and avoid costly mistakes. From adjusting your ARV (After Repair Value) for seasonal shifts, planning around holiday schedules, and understanding local inventory, to smart rehab strategies and environmental considerations—these tips will keep your flips profitable. Whether you're struggling to sell or just looking for advice, my strategies can help you stay ahead in a declining market. For more expert insights, subscribe and check out my other videos on advanced selling techniques, like the 72 Sold Flip, and how to access exclusive market data through Prop Shop One. Need help flipping smarter? Reach out to me for personalized advice!


Timestamps:

00:01 - Introduction: Flipping in Winter 2024
00:52 - Tip 1: Adjusting Your ARV for the Season
01:41 - Tip 2: Planning Around the Holiday Season
03:02 - Tip 3: Check Zip Code Performance Before Committing
03:42 - Tip 4: Creative Selling Strategies (72 Sold Flip)
04:27 - Tip 5: Avoiding Environmental Pitfalls
05:12 - Conclusion: Key Takeaways for Winter Flipping Success

Some of the activities I mentioned during the video:

72Sold Flip - how to sell your flip faster and for more money in any market -    • 72SoldFlip - How to Sell Your Flip Faster ...  

72Sold techniques that will rescue a stuck flip in a slow marker -    • 72SOLD Techniques to Rescue Your Flipped H...  

Flipping? Consider Months of Inventory as a factor that should affect your ARV calculations -    • Flipping? Consider Months Of Inventory As ...  

Gaining access to detailed North Texas zip code performance data to make sure you are looking at the best locations to flip in:    • Want to Flip Like a Pro? This $11 Hack Cou...  

Data, trends, off-market deals, commercial development alerts and more -    • PropShop1: North Texas Investments Made Easy  

Finding off-market properties the easy way:    • Looking for Off-Market Properties in N Tex...  


🔗 Click to learn more and start making smarter, faster flips in the DFW area:
https://propshop1.com/forums/discussi...

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Elena Garrett, Realtor
Keller Williams Central 75
72SOLD Area Director for North Texas
elenagarrett.com
propshop1.com
469-371-4961

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