Flipping houses has become an obsession nowadays. All you have to do is, just buy a cheap property, renovate it fast, and then sell it for a tidy profit. While flipping a house, there can be many things that can go wrong in a rush to make profit. Many people have begun to flip houses full time, and some have made tremendous profits. While, others have not been so lucky. This article will help you look at the five biggest mistakes investors make in this market and how to avoid them.
Not Doing Your Homework:
In order to know property prices in your area, you must do your homework and get familiar to what sells before contemplating a flip. If you know what the average three-bed, two-bath house sells for in your area, you will find it easier…