In This Chapter
◆ What you need to know to flip homes
◆ The formula for successful flipping
◆ Working with contractors and partners
◆ Choosing the right upgrades
◆ How to market a flipped home
◆ Measuring your financial profit
Flipping homes is a practice that has been around a long time but has become popular in recent years. When home values were rapidly rising and the cost of borrowing money went down, the business attracted a lot of people looking to capitalize on the climate. Home sales of all kinds exploded and flipping homes became another way to make a big profit quickly. Television programs were created that showed how it could be done, and they made it look easy.
But flipping homes is not easy. It’s difficult, ...