Insight
Flipping can yield 30-50% cash on cash returns in as little as six months, however, this strategy requires time and project management skills.
This BiggerPockets article discusses strategies for real estate investing in expensive markets, specifically focusing on how to make money with value-add projects and cashflow superchargers like short-term rentals. Hosts should consider value-add strategies such as flipping or the BRRRR method to increase potential profits and diversify income streams.
Flipping can yield 30-50% cash on cash returns in as little as six months, however, this strategy requires time and project management skills.