The 70% Rule in House Flipping: Screen First, Then Price
Learn how to use the 70% rule in house flipping as a fast screen, then build a maximum allowable offer around real costs and risk.
Start with the question in front of you: Rich Rice's FIRE Blog is my real estate investing blog on house flipping, rental properties, creative finance, and private lending. I share the thinking behind my own deals so you can study what I examine and why.
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A price is easy to quote. The thinking behind it is what I want you to see.
I write from my own deals and the questions people bring me. Follow what I examine, what needs checking, and why it matters. That's the useful part: studying how I approach a question you may be working through yourself.
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Checking a property's numbers? Head to deal analysis. Working through a renovation question? Choose rehab and flipping. Still looking for a property? Start with deal finding.
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I'm Rich Rice, @firerichrice. I write from my own deals and the questions people bring me.
House flipping, rental properties, creative finance, and private lending. The learning topics also point you to deal analysis, rehab and flipping, and deal finding.
Pick the question you're working on and open that learning topic. Each guide in the list shows its publication date.
Yes. Your first Wednesday in Riverside is free, once per person; use the first-visit page to plan your visit.
Pick what's holding you up and read how I approach it in my own deals.
Visit the FIRE Center in Riverside or join Deal Room and FOCUS on Zoom.
Rich Rice is a seasoned real estate investor and founder of the FIRE Center whose success in the Inland Empire has inspired a community‑focused approach to investing. Rich’s hands‑on strategies and mentorship stem from real deal experience—not just theory—and are designed to help others build wealth, avoid costly mistakes, and accelerate results.

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