Flip Property

Thu, Oct 23, 2008

Site News

Two Jim the Realtor posts in a row, I’m a fan!

Real estate investment has been one of the worst performing asset classes over the last few years. Some brave people though are buying cheap foreclosed real estate, doing some quick, cheap remodelling and putting the house back on the market for a significant mark up, all in the hope of a large quick profit.

In this video Jim the Realtor walks us through one such property and with his commentary gives us a breakdown of his estimate of the costs and what the vendor is hoping for.

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