Flip that house
#1
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Flip that house
Anyone else watch this show. I love it but it would be great if they showed the houses that flopped as well as flipped.
#2
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I'd rather see it done with cars instead of houses......like an Overhaulin kind of thing.
It always looks so easy on TV....I bet 1 in every 100 really makes a worth while profit. The other 99 probably end up losing money!
Wish I had $200,000 to "risk"!
It always looks so easy on TV....I bet 1 in every 100 really makes a worth while profit. The other 99 probably end up losing money!
Wish I had $200,000 to "risk"!
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I've flipped a few houses and own a four family house.... that I purchased with no cash out of pocket. You don't always need cash.
There are LOTS of ways to make money with real estate. Some deals may lose money... but that doesn't necessarily make them a bad deal especially if they will eventualy make positive cash flow after a short time.
The only thing you need is drive. We've got lots of that here at BC.
There are LOTS of ways to make money with real estate. Some deals may lose money... but that doesn't necessarily make them a bad deal especially if they will eventualy make positive cash flow after a short time.
The only thing you need is drive. We've got lots of that here at BC.
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You also need a housing market that allows for such profit. Orlando USED to be like that, but there are so many homes on the market now, and so much value being lost, that the owners would rather rent the homes instead of taking a loss on them.
Google search "best housing markets", then do "worst housing markets". Then you should get a good feel on how risky flipping can become.
Google search "best housing markets", then do "worst housing markets". Then you should get a good feel on how risky flipping can become.
#7
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I love that show. My wish is that they showed what it actually sold for, not what the Realtor lists it for.
The wife and I are thinking about doing this after we get into our own home.
The wife and I are thinking about doing this after we get into our own home.
#8
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There are so many of them on TV now, making every Tom Dick and Harry look like a real estate mogul
However, I do enjoy the show when they focus on the Montelongo brothers in San Antonio.
However, I do enjoy the show when they focus on the Montelongo brothers in San Antonio.
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