Is House Flipping in the Philippines Still Profitable?
David Lee
Buy, Renovate, Sell, Repeat?
A deep dive into the pros, cons, and current market trends for house flipping.
Key Considerations:
- Capital: You need significant cash for the purchase and renovation.
- Market Knowledge: You must know which neighborhoods are appreciating.
- The 70% Rule: A common guideline is to pay no more than 70% of the After Repair Value (ARV) of a house, minus the cost of repairs.