While the potential profit of buying and restoring a house, then swiftly selling it – house flipping – may appeal, it’s wise not to rush into it. Research into the market is paramount, but so is selecting the right house. While the first property you view might seem suitable, it may not be the best buy.
Determining whether the house is worthwhile is more likely to pay off in the long run. In contrast, buying one that requires more work than it’s worth could be a decision you regret.
Where to buy?
Let’s start with the location, as this will impact the type of house you buy. When choosing an area, look for local amenities – are these the type that will attract a specific type of buyer? If
