Does flipping houses still work in 2025? Yes! Despite high interest rates, inflated material costs, and the recent shift towards a buyer’s market, this is still one of the most profitable investing strategies. Today, we’ve brought on a pair of seasoned flippers to break down the current market and what rookies need to know ahead of their first or next flip!
Welcome back to the Real Estate Rookie podcast! In this episode, we’re joined by expert house flippers Henry Washington and Dominique Gunderson. They share all about the current state of house flipping—what’s changed, what could change, and how rookies and experienced investors alike can adapt to a shifting housing market.
Whether you’re looking to tackle your first or hundredth flip, our experts offer all kinds of insights and timely tips that will make your next flip a successful one. Stay tuned and we’ll show you the secrets to finding and funding profitable deals, how smart investors are making the numbers work, and the three things every rookie must do before investing in a new market!
Ashley:
Rates are hovering close to 7%. Buyers are sitting on the sidelines and inventory is getting harder to come by. Yet Henry Washington and Dominique Gunderson are still finding ways to stay profitable.
Tony:
And in today’s episode, these successful flippers are sharing exactly how they’re adapting in this tough climate climb.
Ashley:
This is the Real Estate Rookie podcast. And I’m Ashley Care.
Tony:
And I’m Tony j Robinson. And let’s give a big warm welcome to Dominique Gunderson and Henry Washington. Dom Henry, thanks for joining us today.
Ashley:
Thanks so much for having us.
Tony:
Yeah, thank you
Henry:
Man. Glad to be
Tony:
Here.
Ashley:
So Henry, this first question I’ve got to ask for you, a successful flipper is in a coma. They went into coma from 2021. They wake up today. What single market change would shock the most today?
Henry:
2021?
Ashley:
Yep.
Henry:
What were interest rates in…