Link to join my team in property investment club: https://bit.ly/3DxoxWS
Use promo code: SEANTANMAKEOVER22 for property makeover: https://wa.link/0ea7rb

In this episode, we discussed about a young audience wanting to try property flipping as it's faster compared to the conventional property furnish and rent out model.

Technically the property flipping model still work where one buys a below market value house, furnish it and sell then make some money. However there are several issues to address, the source of such deals, the experience and familiarity of renovation, the qualification of loans and etc. The worst thing would be the current tax system that is discouraging such behaviours.

The only reason why people are still doing it is they are the contractor/ID designers, which are making profits from the transformation process regardless whether the property can be sold later or not.