Real Estate Flipping Case Study: Aldinga Beach SA

Our Top 3 Property Flipping deal Learnings:

  • Ensure you have a network of agents.
  • Chase up these agents regularly (weekly).
  • Do something (nice) to ensure the agent remembers you.

Situation: Mortgagee in possession, agent selling on behalf of the mortgagee

Fix & Flip Real Estate

Cost associated with flipping a house
Expenses Cost
Purchase price $260,000
Expenses/Renovation $30,000
Purchase costs $10,000
Strategy – flip anticipated resale price $340,000-$350,000
Resale costs $8,000
Profit $30,000-$40,000

OTHER HOUSE FLIPPING PROFIT MARGIN USE CASES:
Beldon | Morphett vale | Upper ferntree gully

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Morphett vale SA - RER Case Study