Home flips are generating more profit but on fewer properties, according to Toorak Capital Partners.
The investors, Beacham said, just have to be pickier.
Investors are far more discriminating of the limited inventory because they see their own costs rising, Beacham said.
Flippers have to be more mindful of the slowdown in home price appreciation, or home price declines, too.
To be sure, some of the risks for flippers have eased, according to Beacham.
Persons:
—, John Beacham, Beacham, Aria Khosravi, who's, Alan Blue, Insider's Kathleen Elkins, Topping, Khosravi
Organizations:
Toorak Capital Partners, Service, Toorak, KKR, Investors, US Bureau of Labor Statistics
Locations:
Toorak