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You're listening to the Flip Houses Like a Girl podcast, where we educate, empower, and celebrate everyday women who are facing their fears, doubling family and business, embracing their awesomeness, and wholeheartedly facing their dream of flipping houses.
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Each episode delivers honest-to-goodness tools, tips, and strategies you can implement today to get closer to your first or next successful house flip.
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Hey, hey, flip sisters, it's Blair, your favorite house flipping coach, and I'm here today to talk about something that has been asked over and over, both in our community, and people ask me all the time as a house flipper and a real estate agent.
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You know, is right now the right time to flip houses?
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So let me say this: if you've been sitting on the sidelines, watching the market, waiting for things to quote unquote settle down, this episode is for you.
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Because today we're talking about something, again, that I'm hearing every single week inside the community and outside.
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Is now actually a good time to flip houses?
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And the answer might surprise you.
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Not only is it still possible for the right investor in the right market with the right education, right now might be one of the most strategic entry points we have seen in years.
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So today we're breaking down the top five reasons why right now is a powerful time to get into flipping houses, especially if you're a woman who wants control, creativity, income, and impact.
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Let's get into it.
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So, reason number one is real simple less competition equals more opportunity.
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For years, the market was wild, especially during COVID with those low interest rates.
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We had institutional investors that were buying everything in sight.
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They were over asking bidding wars, there was emotional buyers driving prices up.
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And what does that mean?
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Margins got tight, new investors got squeezed out of the market, deals were harder to find.
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But now some investors have stepped back or actually stopped investing altogether.
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A lot of times people don't like it when there's not an easy button.
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Some new investors got burned in the market and exited.
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Big hedge funds also aren't buying at the same scale in many markets because of the normalized interest rates.
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So, guess what that creates for us normal investors?
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Opportunity.
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You don't need a frenzy.
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You need healthy margins in your deals.
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So when the competitions thin out, it helps because sellers are more negotiable, price reductions are more common, and you can actually take a moment to run your numbers properly and make sure your deal is a deal.
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Also, we're seeing due diligence periods come back, which is awesome, to make sure we're not getting into a project that was bigger than we thought, or there were more issues than we thought.
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We have time for inspections and real contractor walkthroughs.
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Flipping is not about hype, it's about discipline.
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And disciplined investors are thriving in stabilized markets.
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So reason number two buyers still need homes.
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And right now, they want move in ready.
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So here's the thing that never changes people always need housing, right?
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People get married, divorced, babies, relocations, job changes, life transitions, aging seniors.
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The housing cycle never stops, but it will shift.
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And in a higher rate environment, buyers are more selective.
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They don't want projects, they want updated kitchens, fresh bathrooms, new flooring, turnkey, low maintenance homes.
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And that is exactly what a well-executed flip house provides to those buyers.
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In fact, in many markets right now, renovated homes are outperforming unrenovated properties because buyers don't want to finance repairs on top of higher payments.
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So if you can deliver smart design, quality finishes, clean functionality, and proper pricing, your house will stand out on the market.
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This isn't necessarily about granite or shiplap.
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It's about solving problems for buyers.
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And isn't solving problems something that women are just exceptionally good at?
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So here's reason number three creative deal structures are back, baby.
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So when the market was red hot and things were selling and overpriced and there were pricing wars, you pretty much had the option of cash or hard money that acted like cash or nothing.
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Sellers didn't want creative.
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Now we're seeing sellers giving concessions.
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We're seeing owner financing, which is super exciting coming back, subject to opportunities, assumable loans.
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And again, what I'm loving is we're also seeing contracts that are allowing for longer closing times, real proper due diligence and inspections.
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So when markets normalize, creativity returns.
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And this is where the education matters because inexperienced investors panic when rates seem to be high.
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And y'all, I'll tell you the interest rates right now for a normal home buyer are very normal.
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They are not high.
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We will never go back to COVID twos and threes, and that's okay.
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Buyers are still buying.
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And what happens is savvy investors adapt to that market.
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You don't need a 2% interest rate to flip and have a profit.
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But what you do need is strong underwriting, a conservative ARV or after repair value, a realistic rehab budget.
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So it's great that we're seeing these longer time periods and contracts that are allowing for that true due diligence period, as well as inspector and contractor walkthroughs.
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Also, clear exit strategies.
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What happens if you flip a house and it doesn't sell?
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Do you have things in mind?
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Can it work as a rental?
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You also need coaching and support.
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I also want to say creative financing is not risky, it's strategic when you understand it.
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It's not the answer for every situation, but for certain ones, it certainly can be a win-win for all parties.
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But you have to understand how it works and how to write up the contract and how to present it also to the seller.
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Okay.
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So in this environment, strategy is being rewarded.
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Reason number four, and this is actually a lot simpler than it sounds.
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Uh, contractors are more available.
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Let's talk about something nobody wants to glamorize: labor, right?
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Somebody's got to come in these homes and do the plumbing, do the electric, you know, put up that shiplap if you want it, put in that granite if you want it.
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But when things are booming, sometimes contractors don't return your calls.
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Sometimes they're bouncing between jobs because they're trying to capitalize on the good fortune as well.
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Sometimes they overcharge.
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Sometimes when things are booming, they're just gonna throw out a number because they're maybe doing it to four or five people.
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And one person says yes to the overinflated price and they'll go do it for that person.
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So sometimes this can also slow down their work.
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And you know what?
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Can't hate them.
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They're business people.
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They did it because they could, but now many contractors are looking for consistent work.
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They're more open to negotiating pricing.
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We're seeing shorter timelines for work to be done.
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This is a great time to start building those long-term relationships with trades and subs.
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And for a new flipper, that really matters.
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It's the difference between getting someone to do the job and finding a true team member.
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Reliable labor is one of the biggest learning curves in our business.
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And in this current cycle, it's easier to build a solid team than it was two or three years ago where people were just running crazy.
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So, this is one of those behind the scenes advantages.
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It doesn't make headlines, but it absolutely impacts your deal, your margins, and the experience.
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Reason number five, the barrier to entry is lower emotionally and higher strategically.
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Here's what I mean by that.
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In frenzy markets, people jump in emotionally.
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I don't want to miss out.
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Everyone's making money.
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It can't go wrong, y'all.
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That is not investing.
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That is what we call gambling.
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Right now, only serious investors are leaning in, which means you're surrounded by more thoughtful investors, you're forced to learn properly.
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Again, going back to getting that education and coaching.
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You're required to understand numbers.
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So, you know, maybe a couple of years ago when the market, like every month it seemed like house prices were going up.
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If you made a mistake, the market corrected it for you.
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That's not the case anymore.
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So you really need to have a solid understanding of the numbers so that you come out on the right side of the deal.
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And so you develop skills, not luck.
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And that's powerful.
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Something I have learned is that learning skills in real estate will pay out for the rest of your life.
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But you have to learn the correct skills.
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Okay.
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Because flipping houses isn't really about one project, it's about building that skill set that can serve you for decades.
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So women who are entering the space now are entering intentionally, strategically, educated, and supported.
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That is how generational wealth is built.
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So let's have a reality check.
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Is it easy?
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No, I'm not gonna lie to you and say you can sit on your couch and eat bonbons and do this.
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But is it worth it?
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Hell yes.
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We will never tell you it's effortless, it's passive, it's fast money.
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Flipping requires courage, math.
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Don't worry.
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We've got pre-filled spreadsheets for you because I'm terrible at math.
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Uh, systems, risk tolerance, emotional regulation, and community.
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But when it's done correctly, house flipping can help you replace income, create large chunks of capital, fund rentals, pay off debt, build freedom, and increase your confidence, if nothing else, like nothing else.
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It's so cool to get done through a project and stand in a house and be like, my gosh, I did this.
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In our group, we've watched women leave corporate America where they were burned out, unhappy, used, and abused, pay off 100K plus in debt, fund their kids' college, walk away from toxic financial situations, rebuild after divorce, and discover their own strength.
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Not because the market was perfect, but because they were prepared.
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So if you're thinking about starting, ask yourself are you waiting for lower rates, more certainty, a perfect time?
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There is no perfect time.
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There is only prepared or unprepared.
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And this market rewards the prepared.
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If you want education, if you want community, if you want mentorship, if you want accountability, if you want to flip houses like a girl, meaning strategically, ethically, and most important, profitably, you don't have to do it alone.
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That is why we built the Flip Sisters.
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So if this episode hit home for you, share it, screenshot it, send it to a friend who keeps saying, someday, and if you're ready to move from thinking about flipping to actually building a flipping business, we'd love to show you what that looks like inside our world.
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But until next time, stay bold, run your numbers, lead with wisdom, and remember, you can absolutely flip houses.
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And yes, you can flip houses like a girl.
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We'd love to hear from you at www.women flippinghouses.
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com.
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Until next time.
