Skip to main content

Real Estate Flipping Can Be Risky and Rewarding

Sure, it can be done. Many have made a lucrative career buying and selling property. At a time when the price of a US home has hit an all time low since 1991, you must do your research and take care to not enter a market where competition is fierce, and profits low. Examine market trends, do your research. Most of this information is free and available online. Many flippers in Silicon Valley bought expensive property to flip, only to be left with a saturated real estate market.

Before you swim with the big fish, make sure you've got the proper equipment and can afford to swallow a few gallons of sea water. You never know, if you can put up with the cold blue water, the taste of the salt, and the jelly fish stings, you just might find that sunken treasure you've been looking for.

Real Estate Market Research

Popular posts from this blog

Flipping Willie Horton

In politics, flipping is everything. No, not flipping as in changing sides, but flipping information or ideas, profiting not from their sale, but their acceptance. Willie Horton is again in the news, why? Well, put simply, the holiday political season has begun, and it ain't snow thats raining down. In 1988, Willie Horton was used to dessimate the Michael Dukakis campaign , you can't easily buy that sort of ammunition. What matters is not necessarily the facts, but how you flip the story and sell it to the viewers.

Globalization, good or bad?

After reading about Globalization today, I couldn't help but think about how during World War II, Coca Cola obtained rationed sugar by selling bottles of Coke to the military. After shipping the bottles to Africa, Europe, and anywhere else GI's were posted, Coke basically positioned itself to become a global brand (intentially or not). The book For God, Country, and Coca-Cola: The Definitive History of the Great American Soft Drink and the Company That Makes It talks about Cokes role during World War II, and provides some interesting background on the company. Now you can have a coke and a smile nearly anywhere on the planet. Is this a positive or negative cultural change? When I was visiting some family abroad, I heard a lot of negative comments regarding Cokes activities in other countries, in the olympics, etc. However I still drink Coke (when I'm not drinking water or Mountain Dew!). I just don't see them as an evil empire, just a company with stock holders and a p...

Yahoo Down?

Yahoo reportedly is having problems keeping its server infrastructure online, the IM client, Flicer, and the main home page all seem to be having issues. It's unclear how serious the issue is, or if there is an issue with Yahoo at all. Times like this make me wonder what the impact of going public could be vs. silence. Stories on the internet are a blaze with rumor and suppositioin. If Yahoo would release a statement, it would give people some real information to go off of. This is a good contrast to Miss New Jersey , and her facing her photo scandal with a press conference.