How technology can help mitigate some of the uncertainty risk factor when investing in flipping a house today

The biggest risk when investing in a residential real estate market is the possibility of losing money. While the long-term returns of investing in real estate are often lucrative, investing in a residential real estate market today involves a lot of uncertainty. When investing in a residential real-estate market, there is a lot of uncertainty as to how much the price will increase or decrease. This is mainly because there is a lot of speculation in the market, which causes a lot of volatility.

The world of investing has always been uncertain, but our modern era has brought with it a heightened level of uncertainty. Technology has played a large role in this. In the past, investors relied heavily on human advice and judgment; today, however, the ability to analyze vast amounts of data and perform complex calculations has significantly reduced the risk of investing.

One of the primary beneficiaries of this increased technology has been many investors except for the ones in the real estate sector. Technology should empower real estate investors in new ways by allowing them to capture information, analyze it, and act on it in a matter of hours rather than days.
As with most things in real estate, nothing is written in stone. In real estate, finding comparables hoses “comps” is a way to get a sense of how much you want to pay for a home as well as to know what that home would be worth in the future. You can determine the price a house will go for by just examining the list of comps. The secret to flipping houses is getting right the comps. If the comps are good, you have a chance at a profitable deal.

Comps, ARV, ROI and a set of dynamic parameters that you can play in three different scenarios like rehab, construct or renew are the pillars of a successful flip. Our smart Flipeer platform helps you visualize your projected return and quickly identify your next steps. Check and get amazed by all the features and comprehensive UI oriented to flipping.

Paul Burgs Written by:

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