House Flipping

House Flipping
Real Estate
Real Estate Financing

Flipping Houses for Beginners: Top 5 Mistakes

It looks so easy! Buy a house, make a few cosmetic fixes, put it back on the market, and make a huge profit. At any given time, a half-dozen shows on television feature good-looking, well-dressed investors who make the process look fast, fun, and profitable. And plenty of homes are getting flipped. Flipped homes accounted […]

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House Flipping
Real Estate Crash
Real Estate Financing
Residential Real Estate

Zillow Shuts Home-Flipping Business After Racking Up Losses

(Bloomberg) — Zillow Group Inc. is pulling the plug on its tech-powered home-flipping operation after deciding that its pricing algorithms weren’t accurate enough to build a stable business. The company plans to take writedowns of as much as $569 million and reduce its workforce by 25% as it winds down the business in coming months, […]

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