Fix and flip investing is part art form and part business venture. As a real estate investor, you know the importance of doing your homework when choosing a fix and flip property. You have built relationships with realtors,  property inspectors, contractors, and others in related industries to maximize your chances of success. You understand the proper way to figure appropriate ARVs for each property you consider. And you have a real eye for finding those diamond in the rough properties that others overlook when it comes to property searching.

Flipping a house is a very profitable endeavor if you know what you are doing. As with most highly lucrative opportunities, it is also risky. Being well-informed is the best way to ensure success. One wrong decision can lead to a break even situation, or worse, leave you with a loss. Here are a few surefire ways for your fix and flip project to fail.

Both first time and experience home flippers, can find useful information on the internet, but where to look? If you start with a search engine, who knows where you will end up? Go ahead and try it. Type in "house flipping" and see what happens. Something like thirty-three million results. How do you sift through all that? For those who are seeking advice, tips, and tricks for the do-it-yourself home flip, here are three of the best house flipping blogs to lend you a helping hand.

Before you invest in a new project, you will need to know these 3 things regarding fix and flip financing. Before you begin, it is important to inspect the property thoroughly. You will also need to get a clear idea on how much the property is worth, the cost of fixing the property, and how much you can realistically sell the property for.

You've watched the reality shows where home buyers acquire a run-down property, invest to fix it up, and then flip the house by selling it for for a profit all in 30 days or less. This could be you someday, but flipping requires a great deal of investment capital to get started.

Flipping a house successfully requires a very detailed scope of work. Some people choose to do a very general scope to determine if the flip will be profitable or if the house is a money pit. However, the problem with an overly general scope is that there are a lot of variables. Contractors may give you estimated quotes that turn out to be much higher when they find bigger problems upon closer inspection. You might think a roof replacement is all you need, only to find out later that the gutters and chimney need work as well. Take the extra time to examine the details, and check out these tips about how to put together a complete scope of work for your next flip:

Maximizing your return on a real estate “flip” investment requires a few things. Obviously, you must buy the property at the right price. In addition, though, you must use your investment capital efficiently. This last factor means concentrating your rehab efforts on the places that provide the greatest return on investment. With that in mind, here's where we suggest that you start:

You want to flip a house to make money, right? It can be done with a little forethought and planning. Read on to find out the top 3 ways to stay on budget when flipping a house and avoid unnecessary debt.