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money: Making Money On A SLOW FLIP (Part 5 – Final Cautions) - 09/17/09 10:22 AM
A few years ago, it was common in many markets for real estate investors to buy houses, update or repair them to bring them current to buyer's tastes, and sell at a profit a few months later.  For most markets, those days are gone.  The problem with flips (and flippers) is that they were primarily in the get-rich-quick game-which may work for a while, but doesn't last forever. You can still make money by applying some of the principles touted on HGTV, TLC, and the like, but it's a slower path to your payday. I call this strategy a "slow flip".
(2 comments)

money: Making Money On A SLOW FLIP (Part 4 – Making Your Budget) - 09/16/09 07:19 AM
A few years ago, it was common in many markets for real estate investors to buy houses, update or repair them to bring them current to buyer's tastes, and sell at a profit a few months later.  For most markets, those days are gone.  The problem with flips (and flippers) is that they were primarily in the get-rich-quick game-which may work for a while, but doesn't last forever. You can still make money by applying some of the principles touted on HGTV, TLC, and the like, but it's a slower path to your payday. I call this strategy a "slow flip".
(4 comments)

money: Making Money On A SLOW FLIP (Part 3 – Ideas for Changes) - 09/15/09 08:43 AM
A few years ago, it was common in many markets for real estate investors to buy houses, update or repair them to bring them current to buyer's tastes, and sell at a profit a few months later.  For most markets, those days are gone.  The problem with flips (and flippers) is that they were primarily in the get-rich-quick game-which may work for a while, but doesn't last forever. You can still make money by applying some of the principles touted on HGTV, TLC, and the like, but it's a slower path to your payday. I call this strategy a "slow flip".  … (2 comments)

money: Making Money On A SLOW FLIP (Part 2 – Finding the Property) - 09/14/09 07:09 AM
A few years ago, it was common in many markets for real estate investors to buy houses, update or repair them to bring them current to buyer's tastes, and sell at a profit a few months later.  For most markets, those days are gone.  The problem with flips (and flippers) is that they were primarily in the get-rich-quick game-which may work for a while, but doesn't last forever. You can still make money by applying some of the principles touted on HGTV, TLC, and the like, but it's a slower path to your payday. I call this strategy a "slow flip".
(2 comments)

money: Making Money On A SLOW FLIP (Part 1 of 5) - 09/13/09 02:03 AM
A few years ago, it was common in many markets for real estate investors to buy houses, update or repair them to bring them current to buyer's tastes, and sell at a profit a few months later.  For most markets, those days are gone.  The problem with flips (and flippers) is that they were primarily in the get-rich-quick game, which may work for a while, but doesn't last forever. You can still make money by applying some of the principles touted on HGTV, TLC, and the like, but it's a slower path to your payday. I call this strategy a "slow … (4 comments)