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Flipping Properties For Serious Cash:how To Do It. - Properties - Nairaland

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Flipping Properties For Serious Cash:how To Do It. by intrepid: 9:46am On Sep 15, 2013
Flip or Flipping is a term used primarily in the Real Estate Business to describe purchasing a revenue-generating property and quickly reselling (or "flipping"wink it for profit.This a very lucrative aspect of real estate which many Nigerians are yet to know about yet big names like Warren Buffet ,Robert kiyosaki and co actually made most of their real estate income doing this.

Profits from flipping real estate come from either buying low and selling high (often in a rapidly-rising market), or buying a house that needs repair and fixing it up before reselling it for a profit.It is a really simple process and the profit is usually amazing.

Under the "fix and flip" scenario, our Consultants will purchase a house at a relatively low price (often deeply discounted from the house's market value). The discount may be due to the house's condition (e.g., the house needs major renovations and/or repairs) or due to the owner(s) needing to sell a house quickly (e.g., relocation, divorce, pending foreclosure). The Consultant will (usually) then arrange necessary renovations and repairs, and attempt to make a profit by selling the house quickly at a higher price (closer to market value).

The "fix and flip" scenario is profitable, because the average home buyer lacks the funds to repair and update the house, so they seek out a move-in ready home instead, even if it is a little above market price.FLIPPING4PROFIT comes in here.

Flipping4Profit is a Fully Managed Real Estate program,where our Members are able to Share in the Profits from the lucrative Real Estate Market.

Our Members can choose to deposit funds into their online wallet system through their Member's area. Members have the ability to start Sharing in the Profits with as little $100.00.Membership of the club is free but in the free membership,your investment in any property is limited.

Every day, Banks and Mortgagee Companies list 100's of properties for auction. These properties can be purchased for cents in the dollar.

When these properties are listed for auction, one of our Consultants will personally inspect the property to ensure it meets our requirements and can be resold for a profit.VISIT HERE: www.flipping4profit.com/impact AND SEE WHAT IT MEANS with samples of live flips.

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