My first Fix and Flip was memorable.I remember thinking at the closing that if there was a better way to make money I wanted to know about.
I'd found a property, borrowed enough money to buy it OPM (with Other People's Money) update it and put money in my pocket after expenses.That was when I bought the property.
And things continued to fall into place in what turned out to be a near picture perfect flip, as I soon found a buyer and allowed them to select carpet color, floor tiles, ceiling fans,and appliances.
They were ecstatic to have gotten a great deal and I was equally happy to have found a buyer so quickly.
It was almost too easy, but I soon learned that every transaction wasn't going to be as smooth as the first one. Still, during my active years I thoroughly enjoyed flipping properties and the lifestyle that went with it.
Below are flipping examples to encourage, motivate and inspire you to do your own.
His call yesterday caught me a little off guard. After all, Ron, along with his partner Keith, helped me get back into fix and flipping in 2009. I worked for them as a project manager and Realtor for 18 months. They taught me ...Click the link above to read the rest of the article
The housing market is picking up steam like a freight train, but we've unfortunately run into a major roadblock: lack of inventory. Tons of homebuyers.
Unless homebuyers are sitting on a stack of cash, the biggest roadblock they'll face when buying a home is qualifying for a loan. Fortunately, Interne.