Thursday, May 2, 2013

25 best markets to flip homes for big profits

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REALTYTRAC EXCLUSIVE REPORT
20 Markets Where Flipping Homes is Most Profitable

Flipping Homes


Flipping homes—buying, rehabbing and reselling for a profit usually within about 90 days—will likely become more favorable for investors in 2013 as home prices are expected to continue climbing. And while buying homes as rentals still offers a solid rate of return in many markets, even buy-and-hold investors typically flip properties periodically to fund their rental purchases. Top 25 Markets for Profitable Flipping.


Tip to Flip Smart


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MEMBER SUCCESS STORY

Phoenix Investor Enjoys Slow-Speed Flipping

Michelle McGrew


RealtyTrac member Michelle McGrew describes herself as a slow-speed investor who selectively purchases homes at a discount, rehabs and flips them when the time is right—typically after living in the home herself for a period of time. But don’t confuse slow flipping with low profits; McGrew is poised to net more than $1 million with her latest slow-motion flip. How she does it.

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