Before you flip that property…

Are you into flipping properties? Here is some advice from the Realty Goddess:

Money is made at the buy, not the sell of your flip. When flipping a house your money is made at the purchase not at the sell of the house. So, many times people buy a house with the intentions of making a huge profit only to find out that they could not make any money after all the renovations because the purchased price of the house was to high.

You can read more about their tips for flipping a property, but it’s important that you become aware before you make the decision and investment to flip or it can cost you in the long run.