"Inventory and sales of existing homes have plunged to their lowest level since 1995. The demand is there, but the pipeline is clogged." Backflip CEO, Joshua Ernst shares his thoughts on the current housing market in an article for MarketWatch. Plus, discusses whether or not now is a good time to buy and how homebuyers should navigate the market. #realestate #realestateinvesting #homebuyers #housingmarket #business #finance #market #news #entrepreneur #realestateinvestors
Backflip
Real Estate
Denver, CO 8,352 followers
Reinvigorating neighborhoods by supporting real estate entrepreneurs with innovative technology and capital.
About us
Backflip is a proptech + fintech company that empowers real estate entrepreneurs to improve local communities by rejuvenating housing.
- Website
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https://backflip.mobi/3XMM7HF
External link for Backflip
- Industry
- Real Estate
- Company size
- 51-200 employees
- Headquarters
- Denver, CO
- Type
- Privately Held
- Founded
- 2020
- Specialties
- fintech, proptech, software, capital markets, platforms, and startup
Locations
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Primary
Denver, CO, US
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Dallas, TX, US
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New York, NY, US
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Napa, CA, US
Employees at Backflip
Updates
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As a real estate investor, do you know how you can best improve the value of a home on a minimal renovation budget and scale your business? Our upcoming webinar will teach you how to do just that 🤩 Hosted by Daniel Castañeda, who will unveil how to accurately budget for your next rehab as well as provide insightful tips and tricks that will make your renovation easy and efficient. Here's what you'll learn: 🔍 Discover innovative renovation techniques that won't break the bank 🙌 Learn how to efficiently manage multiple projects & grow your portfolio 💰Master the art of budgeting for your rehab projects to ensure profitability ⛔ Anticipate and mitigate common risks associated with rehabbing properties ❓Live Q&A ...and so much more! Don't miss it -- Wednesday, July 10th @ 6pm CST Register here 👉 https://lnkd.in/e7h6mGHV #realestate #realestateinvesting #webinar #community #virtualevent #networking #investing #entrepreneur #homerenovation #housingmarket #budgeting #moneymanagement #finance #propertymanagement
Real Estate Investing to Scale: Rehab Budgeting & Renovation Tips & Tricks
eventbrite.com
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Walk with us through this stunning transformation from Backflipper Jason B. in Smyrna, GA. 🏡 Let's look at the numbers 👇 Purchase Price: $290,000 ARV: $412,000 Sold: $450,000 LTC: 81% 17 days to close 🙌 Funded by Backflip #realestate #realestateinvesting #realestateinvestors #finance #entrepreneurs #beforeandafter #investing #financialfreedom #hgtv #realestateagent #realestatetips #realestatenews #lending #businessowner #atlanta #atlantarealestate #homerenovation #interiordesign
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Housing markets are ever-changing, and since the price peaks of 2022 many markets have been started to self-correct, with prices decreasing. However, some are still continuing to increase. Among the 300 largest housing markets, here are the top 5 markets where home prices have risen the most. Did any of these surprise you? Source: ResiClub #realestate #realestateinvesting #realestateinvestors #hgtv #financialfreedom #technology #realestateinvestingeducation #realestateinvesting101 #realestatetips #fixerupper #flip #rentalpropertyinvestor #housingmarket #business
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There's a disconnect in the current housing market that's impacting first-time homebuyers. Our CEO, Joshua Ernst, explores this problem, its effects on the real estate industry, what solutions exist to address it and more. At Backflip, we're taking a proactive approach by helping real estate entrepreneurs revitalize older homes to meet this critical demand. Focusing on upgrading homes from past construction booms to modern standards not only provides viable, affordable options for first-time buyers but also contributes positively to the housing ecosystem. #realestate #realestateinvesting #realestateagent #homebuyer #community #business #news #insights #realestatemarket #housingmarket #entrepreneur
Hello LinkedIn. As the CEO of Backflip, I am excited to embark on a journey of sharing insights and perspectives with the business community. With fifteen years of experience in technology, investing and real estate, I've witnessed firsthand the transformative power of innovation, leadership, and strategic thinking. Now, I'm going to try something new for me: taking some of my regular thoughts, practices, and insights to the public sphere and out from within Backflip's four (virtual) walls. Here it goes, and don't hesitate to share ideas, questions, or feedback so that I can uplevel my musings for your enjoyment. Onwards!
Re: Entry Level Homes 🏡
Joshua Ernst on LinkedIn
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Ever wondered what the magic formula is for a successful flip? ✨ Find out in our latest video, featuring, seasoned real estate pros and long-time Backflippers, Donte and Jokeeta Marzett, as they unveil their tried-and-true six-step flipping process! From finding the perfect property to the final touches before sale, get tips and insights from these professional flippers that could transform your next investment and boost your profits. #realestate #realestateinvesting #realestateinvestor #texasrealestate #renovation #housingmarket #hgtv #entrepreneur #business
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Meet Andrew Worth, a real estate investor based out of New York who found himself investing in Charleston, SC. "That kind of happened accidentally. I knew someone who was a contractor, he moved there and said, 'Hey, I'll do your first project for you.' Then I ended up establishing a team around me down there. Not a very conventional way to get into the business, but it working out for me." In just 4 years, Andrew has flipped 10 properties, discovering not just the joys of investing, but also establishing great partnerships - like partnering with Backflip for financing his deals 💚 "What really caught my attention, and why I like them as a lender, was how easy they made everything. If a deal comes through to me, I just open the app, analyze it, and can apply for a loan as well in just a couple minutes. Then the team sends me a term sheet in a few hours. I fell in love with it the first time I used it, and now I get to be on the other side of it." Andrew joined our team as an Account Executive, where he helps his fellow entrepreneurs navigate the complexities of real estate investing by sharing his knowledge and offering top-tier funding solutions that allows them to scale, while continuing to grow his own portfolio at the same time. His story is a testament to the power of seizing opportunities when the come your way and why finding the right allies on your REI journey is critical to any investor's success 😊 #realestate #realestateinvesting #investing #investors #realestateinvestors #entrepreneurs #financialfreedom #realestateagent #investing #business #entrepreneurlife #lending #hardmoneylender #realestatelife #finance #community #realestatetips
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Ready to Scale Your Real Estate Business? 🌟 Connect with top industry vendors and like-minded investors at our REI Vendor Expo in Austin, TX! We're bringing together an incredible group of top-notch vendors that are ready to help you elevate your business, scale faster, and achieve greater returns on your investments. From general contractors and real estate agents to photographers, cabinet providers, wholesalers, and more, there's no shortage of people for you to meet! ⏰ Tuesday, June 25th | 6:30pm CT Register for free here 👉 https://lnkd.in/emeEKRdh Bring your entrepreneurial pals for a chance to network and forge new connections in the vibrant ATX real estate community. Marcus Flores #realestate #realestateinvesting #vendors #entrepreneur #business #austin #texas #housing #construction #photography #videography #insurance #contractors #networking #community #investing
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This might be the most drastic transformation we've seen yet! Now that we've picked our jaws up off the floor, let's take a deeper look 😍 Originally built in 1963, this Plano, TX home was in serious need of rejuvenation. That's where Backflippers Jakeeta and Donte Marzett come in. They had a vision for what this house could be and did an incredible job turning into a home for new families to enjoy for generations to come. 🙌 Funded by Backflip 13 days to close Purchase Price: $253,000 ARV: $440,000 ⭐ Sold For: $450,000 👉 Download the Backflip app at link in bio to start analyzing your next deal: https://lnkd.in/geZWdzxM #realestate #realestateinvesting #realestateinvestors #finance #entrepreneurs #womeninrealestate #investing #financialfreedom #hgtv #realestateagent #realestatetips #realestatenews #lending #businessowner #homedesign #dfwrealestate #dfw #insiderbusiness #beforeandafter #renovation
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Greetings from Austin! 👋 Our team had a blast at InvestHer Con last week - thanks to all of the inspiring women who stopped by our booth and chatted with Backflippers Bailee, Leslie, Page and Mariah to learn more about our platform! 💚 We love meeting female real estate entrepreneurs and helping them grow their businesses. The ⭐ Team: Bailee Petrovsky Leslie Jordan Page Buckman Mariah Schmidt #investhercon #realestate #realestateinvesting #investing #realestateinvestors #realestateagents #technology #community #business #entrepreneurship #aitechnology #wholesaler #realestateadvice #airbnb #rentalproperty #fixandflip #realestateinvestors #entrepreneurs #womenintech