Starting a home flipping business can be an expensive and difficult proposition. After all, you are buying a large asset on the hopes of selling it shortly for more money.
The average cost of home can range anywhere between $180,000 to $250,000. The home flipping shows can make it seem like a coat of paint can fix anything, but there’s always more to it than a day’s work and some drop cloths.
If you’re starting a home flipping business, it’s important to recognize and deal with potential problems before they deal with you financially. Here are some home flipping killers to watch out for.