Luxury flipping is the renovation and resale of high-end properties, where both the capital at stake and the potential profit dwarf those of a standard flip.
Log in to followThe thing that finally paid me, after six months of research and no deals, was a contract I never closed. The target: houses built between 1988 and 1999, over 5,000 square feet, s…
Closed last Friday on a dated 1990s lake property. Bought at 2.28M off a probate situation, put 520k into it, sold at 3.19M. Net after commissions, carry, and closing was a bit ov…
I've been trying to figure out which strategy I actually fit, and I spent four months circling a dated 2.4M ranch on a good street in a genuinely luxury pocket. Built 1988, never…
I've been saving toward a first purchase and I got impatient with 4 percent, so a year and a half ago I put 225k into the second lien position on a luxury flip instead. It paid of…