If House Flipping is “Dead,” How Is She Flipping 10+ Houses THIS Year?

**Henry Washington** (0:00)
Some people seem to think house flipping is dead. Costs are up, margins are gone, the glory days are over, but they're wrong. Some of the best opportunities we've seen in years are showing up right now in 2026
House flipping didn't suddenly stop working. The easy version of it did. And the investors who were too aggressive with their numbers and bit off a bit more than they could chew, they're being exposed. But for the rest of us, things are pretty good. Dominique Gunderson still does around 10 to 12 flips every year. And between the two of us, we've done over 100 flips and counting. The difference is we've adapted. Today, we're breaking down what has changed in the last few years and how investors are winning in this housing market. From smarter deal analysis and disciplined buying to renovations that maximize your ROI, we're sharing the exact framework we're using right now. Whether you're looking to do your very first house flip or just trying to make the numbers work again, this playbook has everything you need to find, buy, renovate, and flip houses profitably in 2026
Hey, everyone. I'm Henry Washington, co-host of the BiggerPockets Podcast, and today, I'm talking with Dominique Gunderson. She's a real estate investor flipping houses and buying rental properties in New Orleans, Louisiana, so let's welcome Dom back to the BiggerPockets Podcast.
Dom, welcome back to the BiggerPockets Podcast.

**Dominique Gunderson** (1:25)
Thanks for having me. I'm excited for this one.

**Henry Washington** (1:28)
Perfect. This is a great time to be talking about flipping because there's a lot of chatter out there in the real estate world about it. But before we get into that conversation, can you remind our audience who you are and what your history is in the real estate space?

**Dominique Gunderson** (1:42)
Sure. Yeah, I got started in real estate straight out of high school, which was a little over 10 years for me now. I've done a few different things in that time, but started with the basics, just got my real estate license, kind of jumped in, learning the game, learning sales and marketing, did a little bit of wholesaling for about a year and a half, kind of get my feet wet in the investment space, and then jumped full time into flipping. So I did my first flip back in 2019, and have slowly scaled it up from there to day, running 10 or 12 flips at a time, mainly flips, but I do have a little bit of a rental portfolio now as well.

**Henry Washington** (2:23)
I do a very similar volume. I do 10 to 20 flips a year. So I think that makes us both pretty qualified to talk about this. And a lot of people are saying it's not a great market to be flipping houses in. So how would you describe the flipping market or the flipping landscape now that we're in the middle of 2026?

**Dominique Gunderson** (2:42)
Yeah, I think, man, a lot has changed since, you know, even just two or three years ago.
But I'm sure you would agree since you're still flipping 10 to 20 houses a year, it's not a bad market to flip. It's not a bad time to flip. There's tons of money to be made still in flipping right now. But things have changed in that the margin for error is so small right now compared to a couple of years ago. And so I don't want to put this term on anybody, but bad flippers are kind of being exposed with the current state of the market and have been for the last two years, because I mean, you literally can like barely make a mistake on a deal without losing money or breaking even or making five grand and you hope to make 50 or whatever. So yeah, it's just changed a lot in the margin of error.

**Henry Washington** (3:36)
Yeah, there's a lot of areas where I think flippers can make mistakes. But the first mistake that you make is typically the offer that you pay, right? Your offer price is going to be based on the ARV. So first of all, for me, it starts with comping.

**Dominique Gunderson** (3:51)
Right. And I feel like there's so many nuances that you have to look at too with comps. Like in 2021 and 2022, you could kind of just put renovated property into one big bucket. And as long as you kind of fit in there, you're good. Like you can you can sell at the same price all those people are selling for. And again, this is like definitely market specific. But I think generally speaking, what I've noticed is buyers are just getting so so picky. So you have to be just as picky when you're looking at the comps. Like there's a reason why something sold today for the highest price in the neighborhood. It's not just because it's, quote unquote, fully renovated. It's because it was probably designed by a professional designer. And like everything looks perfect and beautiful and trendy. It's not just, you know, the gray and white rental grade colors. You know, it looks like amazing.