People down on their luck 🍀 will knock ✊ everyone down who’s trying to work their way up 🔝. I have seen so many times folks write ✍🏻 online how flippers are taking houses 🏘️ for the poor and flipping them so only the rich 🤑 can buy them.

First of all, to flip house from a poverty demographic to a wealthy one ☝️ would be damn near impossible to achieve; especially on a regular basis. Flippers might take a $400k to a $550k but they’re not taking a $300k to a millionaire budget as a way of business 👩‍💼. Flippers need high profit margins to make money 💵 so they have to get a property usually from a lowball offer in a good neighborhood (worst house on the best block strategy; so that’s not a poor area already) and then put an easy $100k into it to sell and net a profit.

How did they get a good deal in a good neighborhood? It needed a lot of work that most people don’t have the time, energy, or money 💰 to do. It might need a new foundation and the structure reinforced which is tens of thousands right there. The plumbing 🪠 might be shot and the electrical brought up 🆙 to code 👩🏼‍💻. That’s thousands too and nothing has been done ✅ to even make it look 👀 good 👍🏻 or profitable to sell. It’s also months of work and stressful for most people so it sat on the market because it had a facade only an investor could love 💗. It needs exterior work like new siding and a roof; plus landscaping for anyone to buy. There’s tens of thousands there too. And still, the interior has not been touched. Inside, the carpet is disgusting and falling apart so it needs to be replaced. The cabinets are in horrible shape and need to go as well. That means the countertop and flooring will be damaged so they have to be replaced now too. There’s tens of thousands more. The house might have termites and termite damage. Tenting to remediate the problem is nearly ten thousand plus the repair work to the structure and drywall and paint to fix. Tens of thousands. You still have bathrooms 🚽 and bedrooms to get too. What about the living room and other areas? Is the pool 🏊‍♀️ in good shape or is it needing resurfacing; or beyond repair? That’s half the cost of the average house nowadays.

Flippers do what most won’t because it takes years to do all this for most people and six figures they don’t have. That’s why flippers take on these projects and get them so cheap. They need so much work no one else wanted to or could do. But remember this: when the homes around you are going up to $650k but yours is only $400k still, you bought it for half that and when you sell, you have at least $200k in CASH 💵 and equity to spend however you want. You can put it down to be able to afford that $650k house or retire somewhere cheaper and have no mortgage 💸 ever again.

Your neighbors spending tens of thousands for pretty kitchens and more functional layouts are not only investing in their futures; they’re helping yours too. For free. They’re blessing you with six figures towards your future if you ever need it and have to sell; or just want to. You didn’t have to lift a hammer 🔨 or pay 💰 a professional. You could be the poorest on the street and still make money 💵 because of them. That’s the beauty of it. They’re not taking things out of your reach, they’re pushing those things closer to you. Run 🏃‍♀️ the numbers. Run 🏃‍♀️ the numbers and see how you make out 💋.

Almost everyone who’s ever bought a house 🏡 has spent money 💰 to change up ⬆️ the look and flow to make it work for them. What’s the difference if a flipper buys a house to renovate it or a neighbor does and sells it later? What’s the difference? Prices go up 🔝 when multiple comps sell high. Flippers can only raise values if they flipped every house 🏠 on the street or your neighbors did too. Renovations aren’t just about looking 👀 pretty.

Things need to be replaced, better function, disaster struck, additions are needed, and maintenance 👩🏼‍🔧 is always required. Guess what happens when a house isn’t well kept over the years and things fixed when they need to be? The house falls into disrepair and most people won’t buy it. Most buyers won’t want it and it either becomes a house for riff raff. It will sit empty until it is destroyed and a builder buys the lot for a new home anyway. Next time you see your neighbor or a flipper making over a house, thank them. Thank them for giving you free money you don’t have to work for; because that’s what they’re doing. If life ever gets bad and you have to move or you pass and your family takes over that house, there will probably be six figures in extra income you didn’t have to do a thing for that is now yours for anything at all.

If you need to downsize, go to a home, move with your kids or somewhere else for health reasons, that money will help you and your family through. If you leave it behind for your children 👧, they will have it for college, student 👩‍🎓 loans, medical 🏥 bills 💸, or just a good future because your neighbors and some investors like 👍🏻 beautiful homes and functional living. You have an emergency 🚨 fund built into the property you reside because someone else cares about the home 🏡 they raise their family in and want to enjoy ☺️. Flippers and renovations build dreams. They don’t hurt anyone. They give wealth to all. All.