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5 Mistakes That Can Make House Flipping a Flop

Author: External Author | | Categories: Buying Home , Buying Property , Home Listings , Leasing House , Leasing Property , Property Listings , Real Estate , Real Estate Agent , Real Estate Listings , Realtor , Selling Home , Selling Property

It looks so easy! Buy a house, make a few cosmetic fixes, put it back on the market, and make a huge profit. At any given time, a half-dozen shows on television feature good-looking, well-dressed investors who make the process look fast, fun, and profitable. And plenty of homes are getting flipped. Flipped homes accounted for 6.2% of all home sales in the U.S. in 2019, an eight-year high, according to data ATTOM Data Solutions published in its 2019 U.S. Home Flipping Report.

Original Article Source Credits: investopedia, https://www.investopedia.com

Article Written By: James McWhinney

Original Article Posted on: May 16, 2021

Link to Original Article: https://www.investopedia.com/articles/mortgages-real-estate/08/house-flip.asp

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