So, You Think You’re a Flipper?
Jennifer Davis Jennifer Davis

So, You Think You’re a Flipper?

There was a time not too long ago when folks could find a house—a really rough house—do a little cosmetic work, and walk away with a big profit. The formula was simple: install some white Home Depot cabinets, paint everything Agreeable Gray, hang chrome light fixtures, and list it on the MLS. Some people didn’t even pick up a hammer. They hired everything out, called one of the 143 real estate agents in their phone, and watched the offers roll in. Back then, it wasn’t unusual to clear $50,000 or $60,000 on a flip.

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