Finding it hard 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.
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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.
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?"
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!"
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?"
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?"
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."
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!"
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."
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?"
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?"
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."
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?"
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."
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?"
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."
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?"
Fact or Fiction: Permits are only needed for major renovations.
💡 Example: "Fact or Fiction: Permits are only needed for major renovations."
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?"
Fact or Fiction: TV shows portray realistic house flipping timelines.
💡 Example: "Fact or Fiction: TV shows portray realistic house flipping timelines. Share your answer!"
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."
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."
Fact or Fiction: Experienced flippers never go over budget.
💡 Example: "Fact or Fiction: Experienced flippers never go over budget. Have you ever?"
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."
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?"
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."
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?"
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."
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."
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?"
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?"
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."
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?"
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."
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."
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?"
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!"
Fact or Fiction: Flippers should always avoid historic homes.
💡 Example: "Fact or Fiction: Flippers should always avoid historic homes."
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."
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?"
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."
Fact or Fiction: Flippers pay higher closing costs than traditional sellers.
💡 Example: "Fact or Fiction: Flippers pay higher closing costs than traditional sellers."
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?"
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.
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.
You can select templates that highlight widely believed renovation misconceptions, such as 'Fact or Fiction: You always get your money back on kitchen remodels.' Use these posts to spark discussion around real ROI data, share personal experiences, and correct faulty assumptions that often lead new flippers astray.
Yes. Several Fact or Fiction templates tackle legal scenarios, like 'Fact or Fiction: You can flip a house without pulling permits' or 'Fact or Fiction: You don't need to disclose repairs to buyers.' These can help your community navigate regulatory risks and avoid costly legal mistakes.
Choose templates that directly challenge TV-driven misconceptions, such as 'Fact or Fiction: Most flips are completed in under 8 weeks.' Encourage members to share real project timelines, discuss delays like inspection hold-ups, and educate on realistic schedules for both cosmetic and full-gut flips.
Utilize templates such as 'Fact or Fiction: You can flip houses with no money down' or 'Fact or Fiction: Hard money loans are always the best option.' These posts open discussion about the pros and cons of different funding sources, lender requirements, and the risks of common shortcut strategies in flipping.
Absolutely. Templates like 'Fact or Fiction: Flipping is profitable in any market cycle' allow for nuanced discussions about market timing, local supply/demand, and shifting ARV (After Repair Value) calculations. Members can share real-world losses and wins, helping dispel one-sided success stories.
Encourage respectful sharing of contrasting experiences using templates like 'Fact or Fiction: Doing your own repairs saves the most money.' You can prompt members to support their positions with numbers or case studies, guide the discussion toward risk assessment, and ensure misinformation doesn't spread unchecked.
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