Over the years I have had several investors ask me to look for houses in this area they can flip. The rewards of flipping seem to be such that each effort results in a positive gain, but flipping houses is not always as easy as it looks on TV. Realty Times has produced an interesting article about this subject. CLICK HERE to read the article.
My experience with flipping houses suggests that there is an additional factor about flipping in our area that is not discussed in the article. That factor is home demand. How quickly do homes of that type sell in this area? What is the market for that type home. Here is where a REALTOR can assist the buyer to determine if flipping a certain type of property is feasable. MLS information is the best source for statistics on local home sales.