Flip-a-Home

Flip-a-Home Flip-a-Home is South Africa's leading home flipping experts. Partner with us to become a successful property developer

Profitable auction purchases in the past couple of weeks:Johannesburg valuation of R5,500,000 bought for R2,410,000 and ...
30/03/2021

Profitable auction purchases in the past couple of weeks:

Johannesburg valuation of R5,500,000 bought for R2,410,000 and sold for R4,900,000, achieving a profit of R2,490,000 or 103% ROI.

Cape Town valuation of R4,100,000 bought for R1,750,000 and sold for R3,300,000, achieving a profit of R1,550,000 or 88% ROI.

Durban valuation of R2,900,000 bought for R850,000 and sold for R2,100,000, achieving a profit of R1,250,000 or 147% ROI.

Pretoria valuation of R850,000 bought for R400,000 and sold for R750,000 achieving a profit of R350,000 or a 88% ROI.

WHAT TO EXPECT FROM THE HOUSING MARKET IN 2021?Activity is propelled by lower interest rates, attractive market pricing,...
05/03/2021

WHAT TO EXPECT FROM THE HOUSING MARKET IN 2021?

Activity is propelled by lower interest rates, attractive market pricing, lower transfer duties and the changing housing needs due to the pandemic. The improved affordability made buying property more attractive than renting. In part, this explains the rising vacancy rates and subdued rental escalations, as landlords struggle to hold on to their good quality tenants.

Another explanation is that job losses were more prevalent in low-paying occupations and for those employed on a non-permanent basis, who would generally not afford to buy property. Thus, the impact of the pandemic is more visible on the rental market than on home-buying market.

Read more athttps://www.fnb.co.za/downloads/economics/reports/2021/PropertyBarometerJanuary.pdf

Latest project announced is the 8 unit development near Plettenberg Bay featuring work from home integration, state-of-t...
07/02/2021

Latest project announced is the 8 unit development near Plettenberg Bay featuring work from home integration, state-of-the-art fully automated systems, lock-up and go for 2nd home buyers and more. Partner companies are able to participate in this exiting development expected to get underway later this year.

Partnership Lite offered to the first four new partners. Only R50,000 for a 25% share in a property development company ...
06/02/2021

Partnership Lite offered to the first four new partners. Only R50,000 for a 25% share in a property development company to participate in the next developments. Email [email protected] for more information.

PROPERTY TRENDSThe average sizes of houses fell – from 203 square m in 1974 to 146 square m in 2010. Sectional title uni...
15/01/2021

PROPERTY TRENDS

The average sizes of houses fell – from 203 square m in 1974 to 146 square m in 2010. Sectional title units are also getting smaller and today new sectional title units average only 90 square m compared to 130 square m 2004.

With the pandemic however, buyers are looking for larger properties to accommodate a working from home office/study. With many people becoming unemployed, families are also moving in together requiring homes with more than the standard 2 or 3 bedrooms.

Flip-a-Home utilises this information to ensure our renovations cater for larger family groups and all properties have a home office/study, many with 5G or optic fibre internet connectivity. This means we can sell the renovated property for more as the properties are in great demand compared to other available properties in the area.

30 UNIT APARTMENT COMPLEX RENOVATIONJOHANNESBURGWe have acquired a 48-unit apartment complex at a sale in ex*****on. We ...
13/01/2021

30 UNIT APARTMENT COMPLEX RENOVATION
JOHANNESBURG

We have acquired a 48-unit apartment complex at a sale in ex*****on. We plan on renovating it into a luxury 30-unit, 2 and 3-bedroom apartment complex. Proposed number of units = 30
Unit sizes from 100m2 - 145m2. Projected pre-tax profit
R8,500,000. Partners are invited to apply to participate in this project in the form of contributing sweat equity, construction contracting or equity participation. Flip-a-Home will be providing all legal, site management, architectural & contract management services. To be part of this exiting project please contact Herman on 072 175 0414 or email [email protected]

REASONS YOU NEED MULTIPLE INCOME STREAMSJob security - Many businesses will fail leaving employees without income. More ...
09/01/2021

REASONS YOU NEED MULTIPLE INCOME STREAMS

Job security - Many businesses will fail leaving employees without income. More so during the current epidemic. Do not rely simply on a salary. Ensure you have as many other sources of income as possible to provide financial security for your family.

Unique Opportunities - Become involved with current successful entrepreneurs which will greatly increase unique opportunities for you not only to earn additional income, but to grow and learn more about business and other industries. The more opportunities you have, the more likely your chances of becoming successful.

Risks - The more diverse your income streams, the better you are positioned to take risk. In life, the principle of no risk, no reward exists. The more financially secure you are, the better to take risks. Successful people are those who are willing and able to take risks.

Pensions are a thing of the past - Relying only on your employer to provide for your retirement is too risky. Many pension funds are in financial trouble, some companies close and in almost 80% of cases, pensions are not sufficient for retirees to maintain their lifestyle. Having multiple income streams or your own business that you can continue running after retirement is the ideal way to secure your future.

Build long-term wealth - The only way to build long term wealth is through multiple income streams, ideally your own business. Make sure you do not start a new business without expert help, especially in an industry you are not currently involved in. Join a partnership programme that will assist you in managing your business until you feel comfortable in managing it yourself.

PARTNERS GET ACCESS TO FLIP-A-HOME PROPERTY DEVELOPMENTSApart from home flipping opportunities, we also offer partners a...
09/01/2021

PARTNERS GET ACCESS TO FLIP-A-HOME PROPERTY DEVELOPMENTS

Apart from home flipping opportunities, we also offer partners access to residential property developments. Partners may choose to participate through sweat equity; full-time involvement; part-time involvement or equity participation. We currently have two proposed developments, more details of which will be posted in the next couple of days.

THE BENEFITS OF BUYING AT AUCTIONSBargains - As everyone is looking for a bargain, property auctions are the ideal place...
07/01/2021

THE BENEFITS OF BUYING AT AUCTIONS

Bargains - As everyone is looking for a bargain, property auctions are the ideal place to bag the best deal. We have acquired numerous properties at 30% to 55% of the market value.

Success - On the fall of the hammer, you own the property. There is no backing out of the deal, no risk of a comeback or better offer received by the seller. Uncertainty is avoided and the property will be yours once paid for and registered.

Speed - Auctions are the quickest way of acquiring property. With a definitive timeframe, you will know how long you must complete the paperwork and funding if a mortgage is required.

Opportunity - Properties up for auction offer the best prospect of adding value to the property through improvements which will help generate higher resale profits. Auctions remain the best option.

No Surprises - In terms of the Consumer Protection Act, the auctioneer must provide all relevant information and documentation prior to the auction. This includes information such as searches, title deeds, current leases, and planning permissions. All this information is available to registered bidders prior to the auction.

Fair Chance - Auctions happen on a level playing field. All registered bidders can place their bids, rather than a first come first served situation.

Competitive Bidding - During the auction one only need to stay one bid ahead of the competition and reach the reserve price, if set. When bidding against other registered bidders, you are assured that others share the same opinion of the property’s value. One is also in with the chance of having the winning bid at a far lower price than anticipated, much lower than one would have paid by other means such as buying through an estate agent.

Expert Representation - Flip-a-Home experts are there to ensure you get the best deal, do not exceed the pre-set maximum bid based upon prior professional valuation and ARV, and increase your chances of having the successful bid.

3-month summary:House 1 purchased for R904 290 renovation cost R247 566 sold for R1 685 000 profit of R533 144House 2 pu...
05/01/2021

3-month summary:
House 1 purchased for R904 290 renovation cost R247 566 sold for R1 685 000 profit of R533 144
House 2 purchased for R170 409 renovation cost R284 766 sold for R895 000 profit of R439 815
House 3 purchased for R501 516 renovation cost R108 250 sold for R926 000 profit of R316 234
House 4 purchased for R665 469 renovation cost R211 896 sold for R1 295 000 profit of R417 635
House 5 purchased for R358 757 renovation cost R268 771 sold for R749 000 profit of R121 472
House 6 purchased for R414 677 renovation cost R196 442 sold for R785 000 profit of R173 881
House 7 purchased for R287 703 renovation cost R109 553 sold for R650 000 profit of R252 744
House 8 purchased for R607 357 renovation cost R201 874 sold for R1 090 000 profit of R280 769
House 9 purchased for R83 523 renovation cost R285 662 sold for R825 000 profit of R455 815
House 10 purchased for R318 664 renovation cost R186 741 sold for R725 000 profit of R219 595
Total profit for 3 months = R3 211 104

Address

Atrium On 5th Street
Sandton
2196

Opening Hours

Monday 09:00 - 15:00
Tuesday 09:00 - 15:00
Wednesday 09:00 - 15:00
Thursday 09:00 - 15:00

Telephone

+27812974102

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