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Secrets of House Flippers

December 5, 2012

To help pay for my way thru college, I had to learn to invest in property in my junior year. Here’s an article with some merits based on my years of rehab/reuse/renting out.

…. According to RealtyTrac.com, an online marketplace of foreclosed properties, investors flipped close to 100,000 homes in the first half of the year, making almost $30,000 per flip, on average.

  1. Assemble a team of experts.
  2. Look for potential.
  3. Do the math.
  4. Design for buyers, not yourself.

Related link: How We Made A Million Dollars Recycling Great Old Houses [Sam Weir, Mary Weir]

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