Flipping Properties Not for the Risk Adverse in 2006
By Mark Nash
Real estate profit talk has permeated American culture the last five years. The pickings were good for those looking to flip properties and make a profit on minimal improvements and higher than normal appreciation rates. 2006 presents a sobering reality for weekend millionaires and arm chair investors. With rising new construction and resale inventories and declining numbers of buyers make flipping properties a riskier proposition than ever before.
Mark Nash author of 1001 Tips for Buying and Selling a Home offers tips for those considering buying properties in 2006 to flip. The ability to add long-term value is the key to selecting the right properties at the right price in the new buyer-driven mar...
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