How to profit from real estate by rehabbing and retailing
By: Tony Reed
Buying houses low and selling them high is called retailing. This is the most easily understood method of investing in real estate. It's the art of buying at a low price, often doing some repairs, and then selling at retail price and usually cashing out. A lot of money is made through this method. Some people do it part-time, turning 2 or 3 houses a year, and make more money at it than they make on their regular jobs. Others do it full-time and turn 40 to 80 houses a year with an average profit from $20,000 to $35,000 per deal.
Rehabbing and retailing houses is very profitable, but it is's also the hardest way to make money in real estate and is layered with costly entanglements. A lot of sati...
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