2006-10-20 12:25:37 · 9 answers · asked by juan m 1 in Business & Finance ➔ Investing
You start by not calling it "flipping," which is an insulting term for valid investors and portrays a bad image. The right word is "wholesaling" properties.
And you can gain a literal world of information for free at: http://www.creonline.com
And no, you don't need a ton of money or a real estate license, nor are you "taking advantage" of anyone. This is an honest, genuine business that helps people. The people below haven't provided good advice, in my opinion.
2006-10-20 12:26:30 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Have money and real estate savvy first. An agents license or brokers license could help. Then buy and sell for profit! Problem is that the market is slow right now so you may not see immediate profits and end up sitting on some for a while...
2006-10-20 12:34:37 · answer #2 · answered by Golfgirl 2 · 0⤊ 1⤋
Do you even know what you're talking about? This is a complicated subject that could take months to learn and years to get good at. Don't look here. There's not enough space to answer you.
2006-10-20 12:28:21 · answer #3 · answered by Anonymous · 0⤊ 0⤋
It is quite easy. First you find some poor b*stard who has fallen behind on his payments and take advantage of his misfortune by buying his house at a ridiculously low price. Then you sell it to someone at its real value, pocketing the difference. Nothing to it. Good luck!
2006-10-20 12:37:49 · answer #4 · answered by crispyduckinsoy 2 · 0⤊ 1⤋
You're too late. The party is over.
This is like asking "how do i get started investing in tech stocks" in 2001.
2006-10-20 12:45:34 · answer #5 · answered by Jamie G 1 · 0⤊ 0⤋
Start reading about the subject.
2006-10-20 17:50:13 · answer #6 · answered by miss tique 3 · 0⤊ 0⤋
You will need a really BIG spatula.
2006-10-20 12:26:59 · answer #7 · answered by Alex 3 · 0⤊ 0⤋
find a partner(s) to do it with you...unless you just have endless amount of money lying around...
2006-10-20 12:27:14 · answer #8 · answered by Person 3 · 0⤊ 0⤋
Become a hurricane...
2006-10-20 12:27:02 · answer #9 · answered by Transgénico 7 · 0⤊ 0⤋