There’s Money in Flipping Houses!
How you can turn a profit by buying and selling real estate!
You may have heard the term on television (there are a lot of popular house flipping TV shows these days) but not know exactly what it means. The basic principle is pretty simple: House flipping is essentially just buying a house dirt cheap (foreclosure, bad condition, etc.) and then selling it for a lot more than you paid for it.
It sounds simple and to some extent it is but it’s real estate and with any real estate investment there are risks involved. It’s essential to be able to weigh the risks and benefits and develop a good understanding of what you’re getting into. Before we delve in to the tactics and paradigms of real estate and house flipping, let’s take a brief look at the history of real estate and the beginnings of house flipping.
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