Buying a Flipped House? Ask These 6 Questions First

tostphoto/iStock If you’ve ever binge-watched HGTV, you may already have caught the home-flipping bug. The whole thing sounds so seductive: Buy a fixer-upper at a bargain price, renovate it fast, and sell. Doing so can be lucrative: According to RealtyTrac, the average flipped home in the U.S. is bought for $129,200 and turned around for $190,000. And […]

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5 Tips Real Estate Investors Need to Know to Find Good Deals

artisteer/iStock With real estate prices reaching ever-higher highs in large swaths of the country, the availability of deeply discounted properties is drying up. And that means it’s getting tougher for real estate investors and home flippers to find great deals worthy of their time and cash. “There are fewer foreclosures to buy, but there’s more interest in buying […]

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How to Flip a House: 7 Signs You’ll Rake in Huge Profits

karamysh/iStock; realtor.com It seems like just about everyone these days fantasizes about how to flip a house. The reality? Doing it successfully largely hinges on picking the right place at the right time—which is why veteran flippers keep a mental checklist to help steer them toward homes that are primed to gush cash. Curious about those signs that indicate […]

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‘Flip or Flop Vegas’: Watch Bristol Marunde Hit a Wall, Literally

HGTV Given that Bristol Marunde, co-host of “Flip or Flop Vegas,” also moonlights as an MMA fighter, it was only a matter of time before this contractor decided to knock down some walls with his own hands. That’s right: In the latest episode of his show, he dons boxing gloves and lets fists fly. What else […]

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‘First Time Flippers’: Forget the House, Will This Marriage Survive?

DIY Network “First Time Flippers” is riveting reality TV because, let’s face it, renovating is tough on the people doing the renovating, as well as the house. And if those house flippers are married? Heaven help them. At least, that’s the take-home message we get from the latest episode of this DIY Network show. In the episode […]

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‘First Time Flippers’: Watch These Rookies Make the Darnedest Mistakes

OliverChilds/iStock; DIY Network; realtor.com “First Time Flippers” is train-wreck reality TV at its finest: The DIY Network show, which recently aired its Season 5 premiere, features real-life rookie house flippers as they fumble their way through. The results? Well, let’s just let the actions of Liz and Ray speak for themselves. In the “Don’t Quit on a Sand Pit” […]

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Chicago’s South Side Offers Surprising Opportunity for Flipping Duo

realtor.com In the beginning, Colin Egglesfield, 44, and Tyler Neitzel, 25, had simple goals: They wanted to make some money and make a difference. Flipping houses in an underserved neighborhood seemed like a good idea. Their search led the two Southern California–based actors farther afield than they’d expected—to Chicago’s South Side, where the headlines are […]

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Want to Become a Real Estate Investor? You’ll Make the Most Money If You Buy Here

designer491/iStock Becoming a real estate investor is suddenly hot, thanks in part to those legions of HGTV-aholics inspired after binge-watching episodes of shows like “Fixer Upper” and “Flip or Flop.” But if they’re planning to purchase an investment property to rent out, even the most devoted of fans still need to figure out which parts of […]

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6 Costly Mistakes First-Time House Flippers Make

MATJAZ SLANIC/iStock When you’re flipping a house, time is money. And you don’t have time to make a lot of rookie mistakes. That’s what Steve Cederquist learned when he first began renovating and flipping properties in 1994. “I bought a house with a bad foundation and lost $30,000 on the deal,” says Cederquist, a general […]

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Home Flipping Exploded in 2016; Will the Boom Continue or Fizzle Out?

LaraBelova/iStock Home flipping is white-hot again. Need proof? Just turn on HGTV. Hit shows like “Flip or Flop” and “Fixer Upper” have inspired a whole new generation of wannabe real estate investors seeking to buy a home on the cheap, make some repairs, and sell it for a fat profit. So it’s hardly surprising that 2016 saw […]

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