Bolstered by the many home renovation shows that dot the TV landscape, the recent housing boom has spawned a lot of interest in making money, by renovating a fixer-upper and selling it at a higher price.It seems like a no-brainer, but is flipping a house a sure-fire path to riches? “It’s not that easy to do,” says Joe Devison, a mortgage expert with Centum Mortgage House Ltd. in Halifax.
“You have to be careful,” he says, noting that trading in real estate is not for everyone. Flipping a house requires a lot of leg work and a lot of capital. Read on to see if it’s the right path for you.
Photo by Todd Klassy.
bibby on January 21st, 2006 at 5:43 pm
Thanks for the article - good tips.
Dan Patel on January 21st, 2006 at 9:40 pm
Thank you
raw land -houston-must sel; on February 5th, 2006 at 8:46 am
5Plus acres on Holmes RD near new hwy -exway tofreeport -fast growth area -MUST SELL DUE TOI
illness;
contact me at 210-822-8994
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Harry Tucker on May 6th, 2007 at 7:15 pm
Hey guys what’s up? I’m contemplating flipping a house, what are all of the things you have to check for besides plumbing, electrical, dry sheet rock etc? How do you find great contractors? What are all of the mistakes you’ve made and what advice do you have not to make the same mistakes? What appeals to the home buyers outside the house aswell as inside the house?
Thanks!!
elissa on June 27th, 2007 at 10:57 pm
Flip it Now! For the most useful ibformation on flipping houses go to this qebsite. Includes ibfo on how to flip with no money or experuebce. Even with bad credit you can start flipping houses now!
danakeith on June 17th, 2008 at 9:28 pm
i’ve visited the site, looks like now is the time to flip your houses now.