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Real Estate Flipping - Is Flipping https://en.wikipedia.org/wiki/?search=New Jersey PROPERTY the smartest method to get started in real estate investing?
"Flip This House", "Flip That House", "House Ladder",... and on and on...
Over the past couple years you and I have been hammered on TV with real estate flipping demonstrates depict these folks making outrageous income flipping homes and making it look easier than heck.
So, is this flipping stuff true? Well... it sure is definitely. You can find countless people out there making a darn good living flipping homes. But... the tv shows on flipping are darn deceiving when it comes to the "reality" of property flipping.
Is flipping real estate http://www.bbc.co.uk/search?q=New Jersey the simplest way to get beginning in real estate investing? I'll let you decide for yourself. However, in https://www.protopage.com/drewbmitchell my opinion, for many people, especially in the current down markets https://drewbmitchell.tumblr.com/ (not all marketplaces are down... there are actually some doing really well), property flipping is not the best way to get began in real http://xavierlmincey.bravesites.com/ estate investing.
Here's why:
First, let's https://drewbmitchell.weebly.com/ clarify two types of flipping.
The Fix and Flip - Where you buy https://alltop.com/my/drewbmitchell real estate, rehab it, and sell it to a retail buyer. The kind that is on it shows.
The Wholesale Flip - Where you buy real estate (or get it under contract), find a wholesale buyer, and flip the contract. The kind that's less glorious... but has a ton of profit it... with a heck of much http://www.thefreedictionary.com/New Jersey less risk.
To me, the Repair