Flip This House Online

Dave Hickman is the first to admit some people might be scared off by the house he’s flipping on West 10th Street; it needs major work.

The idea behind house flipping is to buy a run-down house in a good neighborhood and bring it up to par. Flipping in a nutshell is purchasing a property, fixing it up and reselling it as quickly as possible for a profit.

Some might be daunted, but not Hickman. He can see a diamond in the rough. The small, 1920s-era, three bedroom home on West 10th is in need of some TLC as well as some alterations that go beyond cosmetic. An addition on the back of the house will require work that goes beyond his expertise.

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Quick-flip deals on new homes are long gone. It’s the Valley’s growing number of foreclosures that has caught investors’ attention now. Last month, Ray and Elaine Balderas bought two foreclosed homes in south Phoenix. The couple paid about $100,000 each. The median price of a Valley home is $220,000.

Unlike investors who got burned by tapping all the equity in their homes a few years ago to invest, the Balderases tap only a small portion of their home’s value. The pair bought a house on a couple of acres a decade ago for $140,000. It recently appraised at $875,000.


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Flipping houses is the most tried-and-true way to make a fortune in real estate, but with the current slump in the housing market, the casts of A&E Network’s series FLIP THIS HOUSE are facing hard truths and real panic as they return for a 4th Season.

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Real estate expert Jason Loucks has achieved phenomenal success in the real estate investment industry. He shares his many years of experience and expertise with others interested in investing in the real estate market. Jason’s cutting edge approach to real estate investing has gained much attention in the industry.

Jason Loucks, explains the process of flipping a house in 7 days. He advises real estate investors to consider a marketing plan which enables them to sell a property within seven days. “With the right plan investors can sell properties within seven days like hotcakes,” says Jason.

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