The best U.S. cities for house flipping

Many people assume they can easily buy a house, apply a fresh coat of paint, trim some hedges, then resell the home for a huge profit.But in reality, the flipping process isn’t quite so simple.

So, if you’re looking to make a substantial return on your house by flipping it, Tennessee takes the No. 1 spot this year, that’s according to GOBankingRates. Even though average profit is only $57,600, Tennessee tops the list of best states to make money by flipping houses in large part because it has the 3rd-shortest turnover time at just 147 days.

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The 50 Best Cities in the U.S. for Flipping a House. Change in Home Prices, Year-Over-Year (15%) – determined by real estate service Trulia Percent of Flips in 2016 (15%) – per Trulia Three-Year Population Growth Rate (10%) – from 2013 to 2016, per U.S. Census Overall Housing Grade (20%) – per neighborhood data analysts niche Market Potential Rank.

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How you take to the weather where you live can be a major factor in how much you enjoy living there.U.S. News went on the hunt for the metro areas – out of the 125 largest in the U.S. considered for the Best Places to Live rankings – that offer the most moderate temperatures and plenty of sunshine.

“Flip or Flop Nashville” stars page turner and DeRon Jenkins have seen plenty of ups and downs in their city’s real estate. Renovate toward ROI The key to the house-flipping game is return on.

 · Our data team crunched numbers to find out where home flipping is the hottest right now-and how to add value to your flip! Opportunity Knocks in the Best Cities for Home Flippers | realtor.com®

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 · The five best states for house flipping are Tennessee, Pennsylvania, New Jersey, Louisiana and Colorado, according to a recent GOBankingRates study. The study looked at the median list price, how long it took to flip a house, the average gross profit and the average return on investment of each flip.

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