It's gonna be raining houses in philly.
Does that mean you can become some savvy flipper and make madd money?
Unfortunately, its not as easy as they make it sound on HGTV etc.
i am currently representing people in situations where they thought they were going to be smart guys and make madd looot.
When greed is the motivation, you get blinded.
There are safe ways to make good money, but consult a realtor, and know the comperable properties in the area.
We see houses with all these expensive dumb upgrades in the wrong neighborhood. that house sits for months because the seller is pinched on the budget.
I havent even gotten into my first buy for myself. Because due dilligence = safety.
Quick flips are risky.
greed is bad.
BAD BAD BAD.
Not good bad- bad bad. haha
Consult a realtor and your cpa.
thats my public service announcement for today.
PS I am a realtor :)
Sam
time for a morning jog around the eagles facility.
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