The fix-and-flip industry presents a significant opportunity for entrepreneurs, with gross profits from typical flips reaching around $73,500, indicating robust growth potential.
As institutional capital enters the home flipping market through RTL and DSCR loans, part-time investors are increasingly transitioning to full-time entrepreneurship in home improvement and sales.
The ongoing shortage of housing in the U.S., estimated at 4.5 million homes, coupled with aging housing stock, underscores the importance of the fix-and-flip business.
Strategically, successful home flipping relies on understanding local markets well, where location plays a crucial role in the profitability of each renovation project.
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