The 70% Rule Explained: How to Calculate Maximum Purchase Price
The 70% rule is the most widely used formula in fix-and-flip investing. Learn how it works, when to use it, and when to break it.
Staged homes sell faster and for more money. Learn the principles of effective staging on a flipper's budget.
According to the National Association of Realtors, staged homes sell 73% faster and for 5–10% more than unstaged homes. For a $300,000 flip, that's $15,000–$30,000 in additional value — far exceeding the cost of staging.
Professional staging services typically cost $2,000–$5,000 for a full home staging with furniture rental for 2–3 months. This includes the initial consultation, furniture selection and delivery, accessorizing, and pickup after the sale. For higher-end flips, professional staging is a no-brainer investment.
For budget-conscious flippers, virtual staging is an alternative at $100–$300 per room. Professional virtual stagers digitally add furniture and decor to your listing photos, helping online buyers visualize the space. The limitation is that the home appears empty during in-person showings, which can be jarring after seeing furnished photos.
DIY staging strategies that work: Focus on the three rooms that matter most — the living room, master bedroom, and kitchen. Use a neutral color palette with one accent color. Add plants and greenery for life and warmth. Place fresh white towels in bathrooms. Set the dining table to suggest lifestyle. Use lamps for warm lighting (overhead fixtures alone feel cold). Add a few books, candles, and decorative objects — but don't overdo it.
The principles of effective staging are creating open sight lines (remove any visual clutter), defining each room's purpose (an empty room confuses buyers about its use), establishing scale (furniture shows how the room accommodates real life), adding warmth (rugs, throws, plants, and lighting), and photographing well (staging must work in listing photos, not just in person).
Regardless of approach, the property must be spotlessly clean, every lightbulb working, and all minor touch-ups completed before staging or photography. These details matter more than the staging itself.
Related Articles
The 70% rule is the most widely used formula in fix-and-flip investing. Learn how it works, when to use it, and when to break it.
The best flip deals rarely hit the MLS. Build a pipeline of off-market opportunities with these proven strategies.
From acquisition to sale, follow the complete lifecycle of a profitable flip and learn what makes each phase successful.