Wednesday, April 18, 2007

House Flipping Advice ...



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House Flipping Advice

Written by Justin Nelson
Raleigh -- Apr 18, 2007 -- /prbuzz/ --House Helpers launched a new free blog containing advise to new real estate investors about how to rehab and or flip homes for a profit. This blog contains information such as, advise on finding a house, advise on what changes to make on the house, and what will give a rehabber the most bang for their buck.

Many real estate investors make $5,000 to $10,000 or more by flipping houses. These homes don't need much work so they go right on the market after they are acquired by the investor. Since they were bought right from the seller most of the time without Realtors involved the cost is significantly less.

Other investors buy homes from distressed sellers but the homes need a little work. This is a very profitable avenue if done right. If you put 5% down on a $100,000 home, spend $5,000 fixing the house up, and another $3,000 in payments, your cash investment totals $18,000. If you sell the home for a $70,000 profit like many rehabbers, you can see that your return on your investment of $18,000 for two months exceeds the stock market where returns of 15% are mind blowing.

This new blog provides important information for anyone thinking about getting into the real estate investment game. The most essential elements are covered in a clear easy to read manner by experts in the field.

To learn more please visit the website:
http://advisehouseflipping.blogspot.com/

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