Property Lovers
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10 Tips To Flipping Property In Australia | Property Lovers Podcast | #53
We asked you what your property goals are for this year and 80% of you said short term profits and that traditionally would mean flipping a property. Flipping property in Australia has become a popular investment strategy in recent years. This investment strategy involves purchasing a property, renovating it, and then selling it quickly for a profit.
However, before investing in flipping property, there are several important factors to consider.
So these are my 10 top tips to flipping property for short term profits in Australia in today’s episode of The Property Lovers Podcast.
Get ready to find out:
- What ‘short term’ actually means
- Why the fastest flip is only 3 months – 10 months
- Cosmetic v Structural renovation
- How to predict whether you will make a profit
- Why it is important to do your due diligence
- What costs you HAVE to spend
- The outdoor room may work for you
- Why you have to be careful of personalising your property
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Disclaimer: The content and information provided on the Property Lovers website, podcasts, video or written content is general advice and for educational purposes only. None of the information presented constitutes, or is intended to constitute, a recommendation for any particular security, investment or strategy suitable for a specific person. The information presented does not take into account your particular investment objectives, financial situation or needs. You should strongly consider seeking independent professional advice based on your specific circumstances.