OpenScope Realty
Property Flipping
Know the exit before you enter.
A Property Flip Is a Complete Project, Not Just a Renovation.
A successful property flip requires more than finding a house with renovation potential.
Before committing to a purchase, the wider project needs to be considered—from acquisition and renovation costs through to holding expenses, finance, selling costs, market conditions and the intended resale strategy.
OpenScope approaches flipping with the end position in mind, helping clients assess whether the numbers and practical requirements justify the opportunity.
Understand the Entire Project Position.
EXPECTED RESALE
Less: Purchase + Renovation + Holding + Finance + Selling + Contingency
PROJECT POSITION
The estimated project position depends on assumptions and costs that can change. Renovation decisions should be assessed in the context of the overall feasibility and anticipated exit.
From Acquisition to Resale Preparation.
Depending on the engagement, OpenScope can remain involved beyond purchase, including renovation coordination and preparation for resale.
The objective is to assess the project as a whole rather than treating renovation work as an isolated decision.
A Beautiful Renovation Does Not Automatically Make a Profitable Flip.
Your next step
Let’s talk through your property goals.
Start a conversation with OpenScope Realty about the right approach for you.