House Flipping: Is It As Easy As It Looks?
- House flipping
- Getting started with house flipping
- Costs and Fees
- Pros and Cons of Flipping Houses
- Other ways to invest in real estate
- Bottom line
Getting started with house flipping
Find your team
Make a budget and business plan
Purchase your property and get to work
Costs and Fees
Pros and Cons of Flipping Houses
- Could be a faster return on investment than significantly hedged investments in the stock market.
- You have a measure of control over flipping a house, unlike other real estate investments.
- Enjoy the relative predictability of the real estate market.
- Flipping a house can get expensive, especially if you are taking out a mortgage to pay for the cost of purchasing the home.
- Renovations can take a lot of time. If you are paying someone else to renovate the home you also need to provide a high level of oversight.
Other ways to invest in real estate
Real estate investment trusts
Real estate crowdfunding
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