FlipX Is Changing the Real Estate Game
For years, real estate investing has been an industry that’s been difficult to break into. It’s an area where a lot of people want to get involved, but don’t necessarily have the time, connections, or knowledge to do so. However, all of that is changing with FlipX.
FlipX is the first and only end-to-end real estate platform that helps new and experienced investors buy, renovate and sell single-family homes seamlessly from any location. Their integrated tech + done-for-you services provide visibility, scalability and peace of mind. Leverage FlipX as your reliable capital source that enables you to scale. They fund up to 85% of the purchase price, and 100% of the renovation cost. Their fix and flip loans feature rates as low as 7%. Say goodbye to the stress of hiring reputable contractors, sourcing materials and vendors, and managing subs. Their network of contractors ensures the entire renovation process is handled smoothly.
It’s the Right Time to Invest in Real Estate
The U.S. population is growing
As the population grows, so does the demand for housing. This increases pressure on the existing housing stock, increasing property values.
Millennials are reaching key life milestones
Millennials are now reaching the age where they are getting married and having children of their own. As a result, they are beginning to look for properties that can accommodate their needs. And since this group prefers to buy rather than rent, they significantly impact the housing market.
Interest rates are still at historic lows
Historical standards still hold mortgage interest rates relatively low, making it an attractive time to buy a property and take out a loan.
Laguna Beach real estate agent Spencer Wall told Forbes, “Lately, there has been a slow-down caused by an uptick in interest rates,” he says. “But, here, it is still a hot seller’s market, as long as sellers are realistic. Our market is still one of the most undervalued in the country.”
There is a decrease in distressed properties on the market
The decrease in distressed properties is an indication that the housing market is improving overall and that now is a good time to invest in real estate.
There is an increase in institutional buyers
One of the most telling signs that now is a good time to invest in real estate is the recent increase in institutional buyers entering the market. These are large investors who buy properties for either investment purposes or to provide housing for renters. Their willingness to put their money into real estate shows that they believe prices will continue to rise.
Homeowners are aging
Another factor working in favor of investors is the aging population of Baby Boomers who own homes but are not yet ready or able to sell them. As this generation begins to age, we will see an increase in the number of properties hitting the market. This will create even more opportunities for savvy investors to snag up a deal.
There has been a decrease in new home construction
While many factors are driving up demand for housing, one of the most significant is the overall decrease in the number of houses being built each year. At the same time, the number of people moving each year continues to go up. This creates even more competition for fewer homes and drives prices up even further.
Why You Should Use FlipX when Investing in Real Estate
There are a number of reasons why you should use FlipX if you’re looking to get into the real estate game. First and foremost, the company provides visibility, scalability, and peace of mind that other platforms simply don’t offer.
When it comes to visibility, the FlipX online platform makes it easy for investors to track their progress and performance at every stage of the flipping process. This way, investors are never in the dark about what’s going on with their investments. And because the platform is available online, it can be accessed anytime, anywhere.
In terms of scalability, FlipX’s fix and flip loans enable potential investors to borrow up to 85% of the purchase price (and 100% of the renovation cost), which means they can grow their businesses quickly and efficiently. Plus, competitive rates (as low as 7%) make it easy for investors to get the funding they need without breaking the bank.
Investors considering a renovation project may feel overwhelmed at the thought of all that needs to be done to complete the project successfully. Hiring reputable contractors, sourcing materials and vendors, and managing subs can be a full-time job in itself, one that many people simply do not have the time for. FlipX offers a complete renovation concierge service, handling everything from start to finish so that clients can focus on other things. Their network of contractors is the best in the business, and they have an established construction infrastructure that helps get the job done quickly and efficiently. An account specialist will oversee every project for quality and speed while providing regular updates.
Founder Zack Davis of FlipX
FlipX founder Zack Davis, a successful real estate investor, has seen many people enter the market with hopes of flipping homes. Unfortunately, it is a demanding and challenging process that often requires more time than people are willing to invest. Additionally, it can be difficult to scale a flipping business beyond one’s immediate location. Davis sought to eliminate these barriers by creating a program that would provide new and experienced investors with the knowledge and skills necessary to flip homes and a reliable source of capital and trusted partners on the ground.
“FlipX was created with the mission of empowering everyday people to attain financial freedom through real estate investing,” said FlipX founder Zack Davis. “We are excited to offer a platform that makes the entire process easy and convenient for our users.”
If you’re looking for a comprehensive real estate platform that will make it easy for you to buy, renovate, and sell properties from anywhere in the world, then look no further than FlipX. With their competitive rates and extensive network of contractors, the FlipX team takes care of everything so that you can focus on growing your business.