Getting into real estate as a profession is a gamble. The potential of earning more than a reasonable income is more than compelling. But, the risk is that if things go south, those involved could lose their shirt.
Flipping houses, especially ones that are in less than desirable conditions is akin to real estate gambling. One never knows how much time, effort or money it will take to rehabilitate and sell the property until you get involved in the process of the renovation.
On the HGTV show, Flip or Flop, the formerly married couple Tarek and Christina El Moussa are in the business of flipping and re-selling houses. These houses are often in need of more than a simple cosmetic transformation, they often in need of a complete makeover. At the end of each episode, the house is completely redone and the hope is that it is sold for at a least a minimal profit.
Flip or Flop is one of those reality shows that is addictive, but in a good way. It’s not mind numbing, parents do not have to cover the eyes and ears of little ones and it’s entertaining.
Words, words, words... well said Hamlet! A little blog to go off on tangents within the worlds of history and literature that interest me. From the Tudors to Tom Hardy's Tess, or from the Wars of the Roses to Wuthering Heights, feel free to browse through my musings to pick up extra ideas and points for discussion!