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Investing
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Rehabbing
How to profit from real estate by rehabbing and retailing
Buying houses low and selling them high is called retailing. This is the most easily understood method of investing in real estate. It's the art of buying at a low price, often doing some repairs, and then selling at retail price and usually cashing out. A lot of money is made through this method. Some people do it part-time, turning 2 or 3 houses a year, and make more money at it than they make on their regular jobs. Others do it full-time and turn 40 to 80 houses a year with an average profit from $20,000 to $35,000 per deal. [ More ]
Mar 19, 2006, 03:09
Investing
:
Rehabbing
Flip that house style real estate investing
I love those TV rehabbing shows like Flip That House. On the show people buy a house needing to be seriously updated and repaired. It's realistic to do what they show in a high dollar housing market like California to make the huge profits they usually get on that show. In a lower priced market rehabbers are looking to make $20-30,000 per house minimum. In California and on that show they are looking for $50,000-150,000 per house. [ More ]
Jan 7, 2006, 11:01
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