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Dependable Homebuyers Asserts the Real Estate Market in Baton Rouge is Hot for Flipping Houses
Baton Rouge based Dependable Homebuyers has ascertained that the real estate sector is perfectly poised for investors and professionals to flip houses. Evan Roberts, owner of the We Buy Houses company, says it is a hot time to start investing in flipping houses. He explains that distresses houses can be bought directly from owners and foreclosed properties can be acquired at auctions. Such residential properties can be renovated and resold within a year. The home prices are appreciating so flipping can easily lead to a considerable increase in the value of a property. According to assessments done by Roberts and his team, those flipping houses in Baton Rouge stand to rake in fifteen thousand to thirty thousand dollars in profit per flip. This is net profit after factoring in all expenses.
Flipping houses has become immensely popular, especially in the aftermath of the financial crisis. The housing market collapsed during the last recession. It lead to a sustained stagnancy in the real estate industry. This was not unique in Baton Rouge. The entire state of Louisiana had to endure and so did most other parts of the country. The popularity of flipping can be gauged from how reality television is responding to the developments ... more

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