House flipping isn’t easy. Even for the pros at Heaton Dainard Real Estate, flipping a house doesn’t always go to plan. We’ve seen a serious rise in costs for flipping homes, leaving us with less take-home profit than before. So, we started to pivot, continuing to rehab homes but in a way that would increase our profits and curb appeal.
Although inflation is making demo, construction, rehab, and repair costs higher than this time two years ago, you’re not entirely out of luck as a home flipper, BRRRR-er, or casual renovator. In this video, I share exactly how I we’ve been able to continue flipping hundreds of homes, but in a far more cost-sensitive way. So, next time you’re running numbers on a potential flip, you’ll be able to pocket more savings!
Have you seen rising renovation costs in your area? If so, how are you fighting off inflation during your home renovations? Let us know in the comments below, your answer may become a solution for another investor!
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Follow James Dainard:
YouTube: https://www.youtube.com/c/ProjectRE
IG: https://www.instagram.com/jdainflips/
LinkedIn: https://www.linkedin.com/in/james-dainard-967aa1b/
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Heaton Dainard Real Estate:
Website: https://heatondainard.com/
IG: https://www.instagram.com/heatondainard/
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Intrust Funding: Hard Money Lender
Website: https://intrustfunding.com/