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Top 10 Tips for Flipping a House

By sofkins

Buying, renovating and selling a house for profit, known as house flipping, is the latest buzzword in real estate. There is no magical formula to ensure success at flipping houses. However, there are essential tips to help investors earn more money.



1. Do not get emotional about house flipping. It is after all a business. If the numbers do not work, proceed to the next property. Some investors commit the mist » READ MORE


May 24, 2007
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3 Stages of Buying Foreclosures

By sofkins

 3 Stages of Buying Foreclosures

The strategy of buying pre-foreclosures is to create a situation where everyone wins. This type of strategy involves just you, the homeowner, and in some cases the lender. Because the homeowner has been delinquent on his or her mortgage payments, they are now in a position to entertain offers made by investors. Keep in mind, you may not be the only investor looking at this property. However, when buying pre-forecl » READ MORE

April 19, 2007
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sofkins

March 15, 2007
I personally done 4 flips. I am looking into renting sometime soon, looking for the right property.

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