Friday, January 25, 2008
Property flipping needs professional presentation!
If you finally decide to invest money into something in order not to let inflation affect your money you should consider buying real estate and began thinking of the real estate flipping possibility. All in all, if you invest money into property - nothing can hurt you and with years passing by property and land rise in price. Flipping houses is another theme that you might be interested in.
Basically, the essence of property flipping consists in the following simple steps: first, you buy a house, second, you sell it for a much higher price. Only one but considerable difference of such a deal is speed! The faster you sell your just bought property - the more benefits you can get of it. Even if not taking into consideration possible fixing works and maintenance - the actual price on property may vary considerably depending how you (the seller) "present" your house.
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3 comments:
"Flipping" a property deal may also be referred to as a "back-to-back" deal in the UK. Something which gets done a lot with off market land sales.
Trying to flip in this market could be a HUGE risk! A little better if you plan to sit on it for awhile...
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