House Flipping Makes a Comeback as Home Prices Rise Number of investors flipping homes returns to precrisis levels; big banks get back in the game The housing market is back, and so is home flipping.
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Learn how to make money flipping houses. When readers buy products and services discussed on our site, we often earn affiliate commissions that support our work.. The major con of hiring a real estate agent is the extra expense of paying the real estate agent’s commission.
Before you get into the world of house flipping, do your research to make sure it’s right for you. Books like "The Flipping Blueprint: The Complete Plan for Flipping Houses and Creating Your Real Estate-Investing Business" by Luke Weber can tell you everything you need to know to get started and avoid some rookie mistakes.
Flipping houses went out of fashion around 2008, along with flip phones and sub-prime mortgages. But real estate data shows the practice is on the upswing – among million-dollar homes.
We noticed an interesting headline it today’s Wall Street Journal. "House Flipping Makes a Comeback". That brought back fond memories of easy equity during the days of "irrational exuberance" in real estate. Of course, there’s a dark side to irrational exuberance which we’re sure you don’t need to be reminded of.
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House flipping makes a comeback Image Credit: Tami Hills/ Flickr One of the most egregious practices that fueled the housing meltdown – flipping houses – is roaring back in a number of cities around the country.
Investing in real estate can be a great way to make money. One type of property investment to consider is flipping a house. Achieving success using this method is usually a combination of skill, thorough analysis, and research, although a few do achieve success by dumb luck.