HOUSE FLIPPING CHECKLIST

Use our comprehensive, step-by-step House Flipping Checklist to manage the house flipping process from your initial offer to the final sale!

House Flipping Checklist

How to Flip Houses / House Flipping Checklist

Overview

Flipping Houses is a very repeatable process, which is requires certain tasks to be completed during certain stages of the project.

Our House Flipping Checklists provides a comprehensive, step-by-step checklist to help you manage this house flipping process from your initial offer to the final sale!

Download our customizable House Flipping Checklists as sample to help you get started and create your own!

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House Flipping Checklist

House Flipping Checklist

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Submitting an Offer Checklist

The following is a checklist of items you need to perform for making an offer on a rehab property:

Submitting an Offer Checklist

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Offer Acceptance Checklist

Once a seller accepts your offer you will need to send the Original Copy of the Earnest Money Deposit, schedule inspections & notify your lender.

Offer Acceptance Checklist

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Property Inspection Checklist

During the Inspection Period (generally within 10 to 14 Days of Offer Acceptance), you will need to walk the property with an Inspector or Contractor, create a detailed Scope of Work & Budget and make a final decision to purchase the property (or not).

Property Inspection Checklist

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Contractor Bidding Checklist

Once you officially decide to close on a property you need to start having Contractors walk-through the property and provide bids, so you can have your Contractors selected and lined-out on closing day.  Here is a checklist for Getting Bids for your Project.

Contractor Bidding Checklist

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Rehab Preparation Checklist

After you receive Contractor Proposals, you need to re-evaluate your financial analysis and create a Project Budget, Project Schedule & prepare for closing so you can 'hit the ground running' once you close on the property.  Here is a checklist of items you should consider to prepare for your rehab project:

Rehab Preparation Checklist

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Purchase Closing Checklist

Finally, the Purchase Closing Day has arrived when you get the keys and officially take possession of the property!  Here is a checklist of items you should consider on Closing Day:

Purchase Closing Checklist

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Project Startup Checklist

At this point, hopefully you spent the Closing Period getting ready for your project, and you have your Contractors selected, lined-out and scheduled to start work on Day-1.   Here is a checklist of items you should have ready for the initial Project Start-Up:

Project Startup Checklist

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Rehab Project Management Checklist

During your Rehab Project, you will want to have a General Contractor, or a Project Manager managing your Contractors, Inspecting the Work, Procuring Materials, and ensuring the project is on-track and on-budget.  Here is a checklist of items that need to be managed during the Rehab Project:

Rehab Project Management Checklist

Rehab Management Weekly To-Do List:

Accounting Weekly To-Do List:

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Rehab Project Closeout Checklist

It's easy to get careless once your Rehab Project is substantially complete, but it's important to stay focused so you can finish strong.  Here is a checklist of items you should consider when you are closing-out your project.

Rehab Project Closeout Checklist

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Property Listing Checklist

Once you have your rehab project completed, it's officially time to list your property for sale!  Here is a checklist of items you should consider when listing your property:

Rehab Project Closeout Checklist

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Offer Acceptance Checklist

Whoop, whoop!  You have an accepted offer on your house!  Here is a checklist of items you should consider when once you get an accepted offer on your property.

Offer Acceptance Checklist

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Sale Closing Checklist

The big day is finally here when of all of your hard work finally pays off and you get to cash your check for a hefty profit!  Here is a checklist of items you should consider on Sales Closing day:

Sale Closing Checklist

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How to Flip Houses Guide
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