How Much You Should Budget for Flipping? | Video
In this video, real estate experts & flippers Glenn and Amber Schworm take us to a property with a buried oil tank! The moral of this episode?
Buy the right properties at the right price.
This is a big deal because it means that there is an unexpected expense they have to cover. Being flippers and wholesalers, you make your return on investment by purchasing properties knowing what you will be spending on repairs.
They speak with a contractor who they use frequently, and because of having a good relationship with the contractor were able to determine how much they have to spend – $2,000. Can they do it?
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