If you are planning on flipping homes or getting into the real estate investing business, having a smart strategy is critical. Here are some very useful tips:
1. Don't let anyone tell you that flipping properties is illegal or unethical. It is neither. Flippers simply provide a ready market to help motivated sellers solve problems on their own, and then take care of neglected maintenance and make improvements to the housing stock, making homes (and neighborhoods) more valuable after the flip than before. They then capture some of the value as profit. That's it.
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