41+ Fact or Fiction Templates for Flipping Real Estate Communities

Struggling to keep your real estate flipping community engaged and curious? Fact or Fiction prompts are a proven way to spark lively debate and learning. This template library gives you everything you need to challenge myths and fuel conversation with ease.

Flipping Real Estate 41 Templates

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Why This Works

Fact or Fiction content taps into our natural curiosity and love for uncovering the truth, especially in industries full of myths like real estate flipping. By prompting members to guess or debate whether a surprising statement is true, you create irresistible hooks that draw even quiet members into the conversation. This type of interactive post also encourages sharing of personal experiences and knowledge, which strengthens community bonds and increases perceived value.

When members are invited to participate in myth-busting, they are more likely to remember the information and feel a sense of accomplishment when they get it right. Plus, debunking or confirming common beliefs together builds trust and positions your community as a go-to resource for reliable flipping advice.

41 Ready-to-Use Templates

1

Fact or Fiction: You need a real estate license to flip houses.

💡 Example: "Fact or Fiction: You need a real estate license to flip houses. What do you think?"

🟡 Medium Engagement Barrier 👤 Average #myth #entry-level
2

Fact or Fiction: You can flip a house with zero money down.

💡 Example: "Fact or Fiction: You can flip a house with zero money down. Drop your answer below!"

🔴 High Engagement Barrier 👤 Average #financing #myth
3

Fact or Fiction: All flipped houses are sold above market value.

💡 Example: "Fact or Fiction: All flipped houses are sold above market value. Fact or fiction?"

🟡 Medium Engagement Barrier 👤 Irregular #pricing #sales
4

Fact or Fiction: Most house flippers lose money on their first deal.

💡 Example: "Fact or Fiction: Most house flippers lose money on their first deal. What is your experience?"

🔴 High Engagement Barrier 👤 Frequent #beginners #risk
5

Fact or Fiction: Cash buyers always get better deals than financed buyers.

💡 Example: "Fact or Fiction: Cash buyers always get better deals than financed buyers."

🟡 Medium Engagement Barrier 👤 Average #investment #deal-making
6

Fact or Fiction: You can flip houses part-time while working a full-time job.

💡 Example: "Fact or Fiction: You can flip houses part-time while working a full-time job. Tell us your thoughts!"

🔴 High Engagement Barrier 👤 Irregular #time-management #lifestyle
7

Fact or Fiction: Flipping condos is easier than flipping single-family homes.

💡 Example: "Fact or Fiction: Flipping condos is easier than flipping single-family homes."

🟡 Medium Engagement Barrier 👤 Lurker #property-type #strategy
8

Fact or Fiction: You can flip a house in less than 30 days.

💡 Example: "Fact or Fiction: You can flip a house in less than 30 days. Has anyone done it?"

🔴 High Engagement Barrier 👤 Average #timeline #process
9

Fact or Fiction: Location is less important than renovation quality in flipping.

💡 Example: "Fact or Fiction: Location is less important than renovation quality in flipping. What is your take?"

🟡 Medium Engagement Barrier 👤 Frequent #location #renovation
10

Fact or Fiction: Most flippers find deals on the MLS, not off-market.

💡 Example: "Fact or Fiction: Most flippers find deals on the MLS, not off-market."

🟡 Medium Engagement Barrier 👤 Top #deal-sourcing #strategy
11

Fact or Fiction: Hiring a general contractor saves more money than doing it yourself.

💡 Example: "Fact or Fiction: Hiring a general contractor saves more money than doing it yourself. Agree or disagree?"

🟡 Medium Engagement Barrier 👤 Average #contractors #DIY
12

Fact or Fiction: You must pay capital gains tax on every flip.

💡 Example: "Fact or Fiction: You must pay capital gains tax on every flip."

🟡 Medium Engagement Barrier 👤 Frequent #taxes #profits
13

Fact or Fiction: The 70 percent rule is the best way to estimate a flip offer.

💡 Example: "Fact or Fiction: The 70 percent rule is the best way to estimate a flip offer. What do you use?"

🟡 Medium Engagement Barrier 👤 Average #analysis #formulas
14

Fact or Fiction: Flipping houses is a passive way to make income.

💡 Example: "Fact or Fiction: Flipping houses is a passive way to make income."

🔴 High Engagement Barrier 👤 Lurker #income #workload
15

Fact or Fiction: You should always stage a flipped property before listing.

💡 Example: "Fact or Fiction: You should always stage a flipped property before listing. Fact or fiction?"

🟡 Medium Engagement Barrier 👤 Average #staging #sales
16

Fact or Fiction: Permits are only needed for major renovations.

💡 Example: "Fact or Fiction: Permits are only needed for major renovations."

🟡 Medium Engagement Barrier 👤 Frequent #permits #regulations
17

Fact or Fiction: You can flip properties in any market condition.

💡 Example: "Fact or Fiction: You can flip properties in any market condition. What do you think?"

🔴 High Engagement Barrier 👤 Top #market #strategy
18

Fact or Fiction: TV shows portray realistic house flipping timelines.

💡 Example: "Fact or Fiction: TV shows portray realistic house flipping timelines. Share your answer!"

🔴 High Engagement Barrier 👤 Irregular #media #expectations
19

Fact or Fiction: Flipped homes always pass inspection on the first try.

💡 Example: "Fact or Fiction: Flipped homes always pass inspection on the first try."

🟡 Medium Engagement Barrier 👤 Average #inspection #quality
20

Fact or Fiction: Hard money loans are the most common way to finance flips.

💡 Example: "Fact or Fiction: Hard money loans are the most common way to finance flips."

🟡 Medium Engagement Barrier 👤 Frequent #financing #lending
21

Fact or Fiction: Experienced flippers never go over budget.

💡 Example: "Fact or Fiction: Experienced flippers never go over budget. Have you ever?"

🔴 High Engagement Barrier 👤 Frequent #budget #experience
22

Fact or Fiction: The best flips are in up-and-coming neighborhoods.

💡 Example: "Fact or Fiction: The best flips are in up-and-coming neighborhoods."

🟡 Medium Engagement Barrier 👤 Average #neighborhoods #strategy
23

Fact or Fiction: You need to be handy to succeed at flipping.

💡 Example: "Fact or Fiction: You need to be handy to succeed at flipping. True or false?"

🟡 Medium Engagement Barrier 👤 Lurker #skills #beginners
24

Fact or Fiction: Most flippers do not use real estate agents to sell.

💡 Example: "Fact or Fiction: Most flippers do not use real estate agents to sell."

🟡 Medium Engagement Barrier 👤 Average #agents #sales
25

Fact or Fiction: FHA loans can be used to buy a flip property.

💡 Example: "Fact or Fiction: FHA loans can be used to buy a flip property. What is your answer?"

🟡 Medium Engagement Barrier 👤 Irregular #financing #regulations
26

Fact or Fiction: You can avoid paying taxes on profits by reinvesting immediately.

💡 Example: "Fact or Fiction: You can avoid paying taxes on profits by reinvesting immediately."

🟡 Medium Engagement Barrier 👤 Frequent #taxes #reinvestment
27

Fact or Fiction: You must pay private mortgage insurance if you put down less than 20 percent.

💡 Example: "Fact or Fiction: You must pay private mortgage insurance if you put down less than 20 percent."

🟡 Medium Engagement Barrier 👤 Average #financing #insurance
28

Fact or Fiction: Flipping is more profitable than renting long-term.

💡 Example: "Fact or Fiction: Flipping is more profitable than renting long-term. Which do you prefer?"

🔴 High Engagement Barrier 👤 Top #profit #comparison
29

Fact or Fiction: You need perfect credit to get started in flipping.

💡 Example: "Fact or Fiction: You need perfect credit to get started in flipping. Fact or fiction?"

🟡 Medium Engagement Barrier 👤 Lurker #credit #beginners
30

Fact or Fiction: The majority of flip profits come from cosmetic renovations.

💡 Example: "Fact or Fiction: The majority of flip profits come from cosmetic renovations."

🟡 Medium Engagement Barrier 👤 Average #renovation #profit
31

Fact or Fiction: You can estimate rehab costs just by looking at photos.

💡 Example: "Fact or Fiction: You can estimate rehab costs just by looking at photos. What do you think?"

🔴 High Engagement Barrier 👤 Irregular #rehab #analysis
32

Fact or Fiction: Flippers always use the same contractors for every project.

💡 Example: "Fact or Fiction: Flippers always use the same contractors for every project."

🟡 Medium Engagement Barrier 👤 Frequent #contractors #process
33

Fact or Fiction: You must fully gut a property to make a good profit.

💡 Example: "Fact or Fiction: You must fully gut a property to make a good profit."

🟡 Medium Engagement Barrier 👤 Average #renovation #profit
34

Fact or Fiction: Buying at auction is the safest way to find a flip.

💡 Example: "Fact or Fiction: Buying at auction is the safest way to find a flip. Agree or disagree?"

🟡 Medium Engagement Barrier 👤 Irregular #auction #deal-sourcing
35

Fact or Fiction: Your flip's curb appeal affects how quickly it sells.

💡 Example: "Fact or Fiction: Your flip's curb appeal affects how quickly it sells. Share your stories!"

🔴 High Engagement Barrier 👤 Average #curb-appeal #sales
36

Fact or Fiction: Flippers should always avoid historic homes.

💡 Example: "Fact or Fiction: Flippers should always avoid historic homes."

🟡 Medium Engagement Barrier 👤 Frequent #property-type #risk
37

Fact or Fiction: Most flips are completed for under $50,000 in renovation costs.

💡 Example: "Fact or Fiction: Most flips are completed for under $50,000 in renovation costs."

🟡 Medium Engagement Barrier 👤 Average #costs #budget
38

Fact or Fiction: Flipping is a good strategy for first-time investors.

💡 Example: "Fact or Fiction: Flipping is a good strategy for first-time investors. What do you think?"

🔴 High Engagement Barrier 👤 Lurker #beginners #strategy
39

Fact or Fiction: You only need to worry about lead paint in pre-1978 homes.

💡 Example: "Fact or Fiction: You only need to worry about lead paint in pre-1978 homes."

🟡 Medium Engagement Barrier 👤 Irregular #hazards #regulations
40

Fact or Fiction: Flippers pay higher closing costs than traditional sellers.

💡 Example: "Fact or Fiction: Flippers pay higher closing costs than traditional sellers."

🟡 Medium Engagement Barrier 👤 Average #costs #process
41

Fact or Fiction: Flipping houses is riskier than long-term rentals.

💡 Example: "Fact or Fiction: Flipping houses is riskier than long-term rentals. Agree or disagree?"

🔴 High Engagement Barrier 👤 Frequent #risk #comparison

How to Use These Templates

To implement these templates, simply copy and paste a statement into your post and prompt members to reply with 'Fact' or 'Fiction.' Consider using polls for quick responses, or follow up with a comment revealing the answer and a brief explanation. Rotate these prompts weekly or tie them to trending topics to keep engagement high. Encourage members to share their reasoning for even deeper discussion.

Best Practices

  • Choose statements that are surprising or challenge common beliefs.
  • Cite credible sources when revealing answers for trust.
  • Encourage members to explain their reasoning, not just answer.
  • Mix easy and tricky prompts to engage all experience levels.
  • Follow up with value-adding commentary or resources.

All Platforms Tips

These templates work across all platforms. On forums and Facebook Groups, use polls or threaded replies to boost interaction. On Instagram or LinkedIn, use Stories with poll stickers or carousel posts. In Discord or Slack, post statements in dedicated channels and tag active members to jumpstart discussion.

Frequently Asked Questions

How often should I post Fact or Fiction prompts in my community?

Aim for once a week to keep engagement steady, but adjust frequency based on member interest and activity.

Should I reveal the answer immediately or wait?

You can boost curiosity by waiting a few hours or until enough responses are in before revealing the answer.

Can I use these templates for live events or webinars?

Absolutely. Fact or Fiction prompts make great icebreakers or interactive segments during live sessions.

How do I encourage more in-depth discussion with these prompts?

Ask members to explain their reasoning or share personal experiences related to the statement.

Is it important to fact-check statements before posting?

Yes. Always verify statements with credible sources to maintain trust and authority in your community.

What if members disagree with the 'correct' answer?

Disagreement can be healthy. Encourage respectful debate and provide sources to support the facts.

Do these templates work for both beginners and experienced flippers?

Yes. Mix entry-level and advanced statements to engage all experience levels in your community.

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