With shows like Fixer-Upper, Flipping Vegas, and Property Brothers and myriad other HGTV products, it seems like flipping homes has never been more appealing. Many see reality stars raking it in by renovating rundown properties. Then they wonder, “What about me? Do I have what it takes to turn a profit in the property-flipping world?”
With a wealth of resources, there are tons of opportunities to join the ranks of home flippers everywhere. But where is the best place to start? We looked at a couple of options to help any first-time flipper understand the industry.
Begin With Backflip
Dallas-based Backflip is a tech tool that’s turning the real estate world on its head. Having just secured $35 million in funding, this fintech startup provides an intuitive app with data, tools, and funding for real estate entrepreneurs.
“We’re excited about building an end-to-end platform for the 17 million real estate entrepreneurs in America,” said Josh Ernst, CEO and co-founder of Backflip. “Our platform is designed to provide education, data, decision-making tools, and funding opportunities for those who want to enter the real estate world.”
Essentially, this product is a Swiss army knife for buying and flipping homes. It provides a wealth of information and insight and then matches you with financing options custom fit to your strategy.
Female Flippers Unite
Tresa Todd, a local real estate rockstar, has helped women realize financial independence through real estate for years. Through her organization, Women’s Real Estate Investor Network (WREIN), she teaches the basics of building a future through flipping houses.
“It’s been amazing changing women’s lives,” Tresa told Daltxrealestate.com in a recent interview. “Now, I’ve written a book where I essentially teach the basics of investing in real estate.”
Tresa has flipped hundreds of houses and gained a huge following. Her insight is invaluable to many women and her classes are a great starting point for any investor. Her book, Without Fear of Her Future, is now available on Amazon (affiliate link). In it, she explains how to begin a career in real estate, and how to attain success in this field as a woman.
What’s Stopping You?
Backflip is hosting a house party on Thursday in Dallas to celebrate the launch of their iOS app. Enter here for your chance to attend and get an insider perspective on the app that its founders say is changing real estate investing.
