I grew up in a family that flipped houses. My husband and I have continued this tradition with our family and have structured our goals around how our hard work can help us achieve them. It can be a lucrative opportunity for the right people, but it's not how it looks on tv.

 

Flipping houses takes planning and organization- financial & otherwise- hard work, and patience. You have to be prepared for the unexpected and have a back- up plan if a project becomes more complicated, time consuming, and/ or expensive than expected. I recently came across a great article by MSN Real Estate about the reality of flipping houses. It's worth a read if this is an avenue you're considering.

 

 

 

 

If you are considering flipping houses or purchasing income properties, I would be happy to sit down and discuss what is involved.

 

Image Source: MSN Real Estate

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I have enjoyed flipping houses for some time now and know that many consider it a great investment opportunity. There can be great potential to turn a run- down property into a beautiful gem. While most of us are familiar with 'quick flips' there's also opportunity in strategically managing a property once you have completed your renovations. 

 

Here's a great article from the Globe and Mail about long flips. If you have any questions about income properties and house flipping, I'd love to share my experience with you!

 

Image Source: http://studiozerbey.com/work/zerbey-remodel

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