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BiggerPockets Real Estate · July 15, 2026 · 38m

If House Flipping is "Dead," How Is She Flipping 10+ Houses THIS Year?

Henry and Dominique Gunderson challenge the myth that house flipping is dead, arguing that while the easy arbitrage is gone, sophisticated flippers are still finding 10+ deals annually in 2026. They break down their adjusted process for property analysis, rehab cost estimation, risk-reward ratio frameworks, and strategies to protect margins from closing costs and overestimation—the core blueprint for flipping profitably in a tighter market.

This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.

Curious

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Risk-Reward Ratio Framework
Henry uses a formal risk-reward ratio for every deal he buys, weighing downside exposure against upside gain before committing capital.
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Creative Risk Mitigation Strategies
The episode covers tactical approaches—likely including wholesaling options, joint ventures, or phased construction—that reduce capital exposure and timeline risk on flips.

Highlights

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Easy Money in Flipping Is Gone, But Opportunity Remains
House flipping hasn't died—the effortless arbitrage profits of 2020-2022 have. Market tightening exposed amateur flippers but created sustainable opportunities for disciplined operators.
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Closing Costs as Profit Margin Killers
Flippers often underestimate how closing costs—title insurance, lender fees, transfer taxes—erode back-end profit margins and must be factored into the initial deal math.

Editorial

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Property Analysis: The Number One Mistake Flippers Make
The episode identifies one primary analytical error that burns flippers, though specifics aren't detailed in the show notes.
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Henry and Dominique have narrowed their project pipeline to avoid certain deal structures that no longer work in the tighter 2026 market.

Misc

✧Dominique is actively flipping 10+ houses in 2026 despite market headwinds—concrete counter to flipping is dead narrative
✧Key insight: market downturn exposed weak flippers but created opportunities for disciplined operators
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