Identifying trustworthy sources on real estate flipping seminars is a must-do before eyeing properties for a quick profit, especially in high-demand markets like Las Vegas, Pittsburgh, and Miami. There’s no shortage of radio commercials, radio ads, or targeted mailing campaigns offering people a chance to capitalize on real estate, starting with a flipping houses seminar.ĭon’t Miss: How to Become a Real Estate Investor (Real Estate Investing 101)Įnticing People to Attend a Flipping Houses Seminar Individuals looking to supplement their income often turn to how-to programs that are marketed as a flipping house seminar. If done correctly and in optimal market conditions, profits from flipping can yield an average gross profit of $58,250, but gross profits don’t account for the renovation costs that usually run 20-33% on top of the home’s purchase price, according to Market Watch. The business model of DIY projects has its appeal with everyday consumers who want a piece of the real estate market gains, and flipping houses seminars are the way for them to get started in the market.įlipping houses, the concept by which an investor purchases a property and pours money into renovation projects and other aesthetic upgrades for a quick resale, hit a peak of 8.6% back in 2006, but is now at a more stabilized rate of around 5%, Trulia reports. Source: Instagram pictures posted by HGTV’s Flip or Flop star Christina El Moussa From gleaming hardwood floors to an open-concept chef’s kitchen, the end result of a flipped home is alluring. It’s an attractive proposition: purchase a shabby property, dazzle it up, and entice a new buyer to make an offer you can’t refuse. The Appeal of Attending a House Flipping Seminar See Also: How to Flip a House | Guide on Flipping Houses for a Living or with No Money
economy, opportunities to capitalize on real estate are once again appealing to investors and consumers.įor a novice real estate investor, attending a flipping house seminar is perceived as the gateway to lucrative earnings.Īnd if you watch reality television, chances are you have been tantalized by the notion that you can make a quick buck flipping homes with a little capital and some sweat equity: That’s what power couple Tarek and Christina El Moussa did, who star in HGTV’s “Flip or Flop” series and have a side endeavor, Success Path, a business offering real estate flipping seminars and investment resources. We have endured many tough lessons from the mortgage crisis of 2008 as the market suffered devastating losses of capital, equity, and liquidity, especially in the real estate industry.īut with the upswing of healthy mortgage rates, a rebounding market and restored confidence in the U.S.
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