ABC Nightline on Flipping

Here's a great video I found on RealtyTrac's website regarding the realities of house flipping. Over there years I have seen many so called "reality TV" shows on cable TV that portray house flipping as easy. Then I often hear radio commercials as I am driving in my car of some huckster or another promising real estate riches if you can just pay $100 for his guaranteed to work house flipping system. Well, if you're on the fence about flipping houses for profit, I suggest you watch the below video before you get suckered into something you're not prepared for. I am not saying buying houses, fixing them up, and selling for profits is not a way to make money, just know what you're getting yourself into.

Related:
5 Mistakes That Make House Flipping A Flop