House Flipping Is Back

This headline kind of scares me because I get déjà vu from when property values were skyrocketing.  I do know people that are doing it and having success but it is very risky business.  I am not an expert when it comes to this. 

Maybe this time around it is different because a lot of the properties that are being flipped are being bought at auctions.  I don’t know but I am the type of person who likes to hold my investments for an extended period of time.  I would rather buy now with the intention of selling in few years. 

I recommend the article because it is very interesting and informative. 

http://online.wsj.com/article/SB126022588878780861.html?mod=rss_whats_news_us