No Country for Old Time Wasting

When time is money, that is, with each passing day the cost of your leverage capital increases as a result of interest, you don't want to waste a second on what you don't need to fix the house. It is crucial for all those who boarded in a house flipping project has this very clear, and as I said, time is money and nobody wants to lose any.

Keeping this in mind, my tip is: choose a property that can be renewed and sold quickly. It is very common among flippers use borrowed money when they are starting, and this business activity is critical to pay your creditors before the accumulating interest and annihilate any project profits. Even when money is not borrowed, finishing a project quickly and moving on to the next one is a great practice. 

As I have written in my last articles, having a team of trusted professionals to do the renovations will already save you time and money on this type of project. Now, if you choose properties that will be easily remodeled and sold, you will be saving on for two!