whats the best way to get started in flipping houses for profit?

Question by Mommy2Be: whats the best way to get started in flipping houses for profit?
I watch flip that house and the real estate pros all the time, I think flipping houses would be fun and I know the income great but how would I get stsrted? Anyone know?

Best answer:

Answer by Erin
Buy a house…a very cheap house. Easy to do right now…Fix…and sell

What do you think? Answer below!

Real Estate Investing Tips: Getting Started Flipping Houses

Steve Cook offers a few quick tips to attendees on getting started in the flipping houses business.
Video Rating: 4 / 5

reitvshow.com Real Estate Investing Tips Mike Warren – Episode #29 Mike Warren has a very excellent system in real estate investing specializing in small but very profitable niches. Mike “The Judgement Man” talks about his stuff and his opinion about foreclosures.

What good/bad experience has anyone had with flipping houses?

Question by Dragica: What good/bad experience has anyone had with flipping houses?
I am thinking making an investment in flipping houses and would like to know what success people have had. Also, what are the consequences regarding taxes – this would be for the state of North Carolina.

Thanks.

Best answer:

Answer by k_thornburg
Check out the show sweat equity. It will show you the good and bad. Also, flip that house.

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Flipping Houses?

Question by tdeb: Flipping Houses?
I recently have become interested in flipping houses (like on TLC and A&E). Does anyone know the procedures for flipping, or where I can find info on it.

Best answer:

Answer by L K
I would really love to get into it as well… I image you would have to have enough money to buy the house first and then enough money to make repairs. Most of the people on the show either do most of the work themselves or have friends who do labor cheaply. I think it would be best if you worked together with someone who has done it before or someone who has experience working on houses

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flipping houses?

Question by tiltonknewman: flipping houses?
I’m 21, and I go to college right now, but I really want to get into flipping houses. I love homes, but I’m not much of a handyman. I was just wondering how much it would cost to start flipping? I know its a lot of hard work, and I want to learn some trades over the next 2 or so years to help me, before I actually start flipping.. is there any info or advice you could give to me about flipping? thanks

Best answer:

Answer by grishnak
yes. Its illegal. Don’t do it.

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