3 answers
Torey
Student
Hopewell, Virginia
8
Questions
Asked
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what is the salary of an property flipper?
with an business management degree
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2 answers
L D
Manager
36
Answers
Killona, LA
Updated
L’s Answer
Property flippers can earn a wide range of income depending on their skill, market, and how often they renovate and sell houses. Location of the property is another factor that can significantly affect the amount of income you can make. Active markets like Atlanta, Memphis, and parts of Texas show higher flipping rates and profits.
I would caution, though, that not every property will result in making a lot of money. Some property flips don’t break even or they even lose money, especially in volatile markets. Some other downsides to flipping properties are high upfront costs, unexpected repairs, and the work involved can be time-intensive and stressful.
Hope this helps and best of luck!
I would caution, though, that not every property will result in making a lot of money. Some property flips don’t break even or they even lose money, especially in volatile markets. Some other downsides to flipping properties are high upfront costs, unexpected repairs, and the work involved can be time-intensive and stressful.
Hope this helps and best of luck!
Afrad Mahamed
Operations & Project Management
128
Answers
Lakeland, Florida
Updated
Afrad’s Answer
Hi Torey -
The salary is based on my factors, a major one of which is location. The site below from ZipRecruiter gives a general idea and you can also narrow it down by specific locations that you are interested in. According to this site, the average in the US of a house flipper is $86,796/year.
https://www.ziprecruiter.com/Salaries/Real-Estate-Flipping-Salary
This site by TheInvestor'sEdge has an article and more salary information that you may find helpful.
https://www.theinvestorsedge.com/blog/what-is-the-average-salary-for-a-house-flipper
There's also tons of videos on Youtube, particulary by actual house flippers that should provide more insights and additional things to consider.
Hope this helps and best of luck!
The salary is based on my factors, a major one of which is location. The site below from ZipRecruiter gives a general idea and you can also narrow it down by specific locations that you are interested in. According to this site, the average in the US of a house flipper is $86,796/year.
https://www.ziprecruiter.com/Salaries/Real-Estate-Flipping-Salary
This site by TheInvestor'sEdge has an article and more salary information that you may find helpful.
https://www.theinvestorsedge.com/blog/what-is-the-average-salary-for-a-house-flipper
There's also tons of videos on Youtube, particulary by actual house flippers that should provide more insights and additional things to consider.
Hope this helps and best of luck!