Saturday, March 05, 2005

"Flipping" real estate - can it still be done?

Many clients ask us to help them find properties to "flip" - buy at a low price, fix them up, and sell them ... rather quickly, and at a profit. Can it still be done?

Well, in some real estate markets the answer is "yes". In the current Southern California real estate market, it has become harder and harder to accomplish this.

There's an interesting article online from ABC News on the subject here. It also provides some tips for those who are considering such an investment in real estate to make money.

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