4 Dangers In Flipping Real Estate

If you have recently purchased some real estate for investment purposes, you are in good company. Recent reports suggest that as many as 25% of these purchases are made by those who plan on using the property for investment purposes only. If you hope to "flip" the property there are 4 things you must be aware of that can put a crimp on your profits.


1. Property Taxes


Keep the property for a few years and you may experience a surge in property taxes especially if your taxes are reevaluated during that time. Some hot real estate markets have seen taxes nearly double in just 5 or 6 years.


 

Are you an investor that needs to increase your purchasing power? Will BOOSTING & improving your credit help you? Book your free consultation with us today!


Want to read more?

Subscribe to www.powerof24.com to keep reading this exclusive post.

Subscribe Now
0 comments