I'm 17, and I saw a show recently on tv where this family of three own a business in realistate and find houses for people and on the side renovate houses that they (the family of 3) live in and sell them for more. They put in 100,000 in renovations in one house and increased the value of the property and house by 200,000 and soild it for 350,000 when they payed 150,00 forit in the beginning. Is it a good field of work to get into?
I was thinking tho, they have people helping them all the time with renovating, so they have to pay them wages and whatnot, so the 200,000 wouldn't be clear to them...am I right?
2007-11-24
11:28:20
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13 answers
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asked by
Jamie-Lynn
3