1 minute reading time (117 words)

Flipping could be a Flop

 With housing sales data showing remarkable improvement over the last year many of my clients are just now asking me for advice on flipping homes.While it proved to be a cash cow for many from 2010-2012 the higher prices and creeping interest rates give me pause.It's just a matter of time before the home prices level out and may actually fall back some.You could get caught in the middle and that can be paralyzing.I would advocate for flipping if for example a large employer was transitioning into your area bringing jobs or a once blighted area is showing signs of renewal.You are still taking a risk but it may be more calculated and worthy of a look.

Mistletoe and Roses
Pedaling Around Paso
 

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Monday, 18 February 2019