It is a favorite hobby of many to watch house-flipping shows on television. You get to see everyday folks turning the worst-looking properties into beautiful homes that many people would pay top dollar for. Something about the glamour and drama of renovation just makes good television. But that’s all it really is — good television. In reality, property flipping is not as picture perfect as it seems.
Members of Forbes Real Estate Council were asked about the most common misconceptions of property flipping. If you’re in the market for a flip, consider these factors first.
Read Full Article: [Source: www.Forbes.com]