Flipping Houses

Lipstick on a Pig

by Richard Warren | January 22, 2008

Who hasn’t had the [tag]rehabber[/tag]’s fantasy? Let’s buy that run-down house, fix it up and make a fortune! The problem is that most new investors venture into this arena unarmed. There is the usual problem of paying too much or grossly underestimating the time or money that is needed, but there is another problem as [...]

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Flipping Houses

The Rehabber’s Eye

by Richard Warren | January 8, 2008

Who hasn’t dreamed of buying a run-down house and fixing it up? For most it remains a fantasy as very few people actually pursue the idea. Of the few people who do make the attempt many fail miserably. Finding a house that needs to be rehabbed is easy; finding one that will allow you to [...]

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Flipping Houses

That First Rehab

by Richard Warren | December 11, 2007

What a rush, closing on that first rehab deal! Now it’s time to start making every mistake in the book, at least that’s how it was for me. On the surface it looked like a great deal. I had purchased a bank REO for about 60% of the market value after repairs. I had construction [...]

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Commentary

Flip Flop

by Michael Creel | December 6, 2007

In the last few years it seems society has gone house-flipping mad. Every time I turn on the TV there is yet another show illustrating the ease in which anyone with a heartbeat can make a fortune buying a beat-up house and turning it into a beautiful modern-day wonder. Often at the end of these [...]

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Flipping Houses

House Flipping Reality TV Shows: Good or Bad for Newbie Investors and Flippers?

by Joshua Dorkin | October 3, 2007

We’ve all seen the reality TV house flipping / rehabbing shows . . . Flip this House, Flip that House, Property Ladder, Flipping Out, etc. These shows, I believe, have both positive and negative implications for those watching them. Here are just a few: Pros of House Flipping TV Shows: Potential flippers are inspired to [...]

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Commentary

Another Case of Flip this House Syndrome | A Little Help Flipping Houses

by Joshua Dorkin | March 22, 2007

I realize that the title of this post is a bit cryptic, but it will soon make sense to you. We’ve all heard of the shows: Flip this House, Flip that House, Property Ladder, and I’m sure there are even more of ‘em out there. These shows romanticize the act of rehabbing properties and selling [...]

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