Flipping Baltimore house what you need to know, If you’ve ever considered “house flipping” as a way to make some extra money, there are some things you should know before you start.
I think it sounds like a quick and fast idea to make some money buying a house at a low cost, fixing it up quickly, and turning around and re-selling it why can’t anybody do that?” asked Jamie McKenzie of the Quad Cities Better Business Bureau.
That question is what inspired Than Merrill, a former pro football player turned real estate investor on A&E’s “Flip This House,” to launch a company called FortuneBuilders. The company offers traveling seminars offering to teach people about house flipping.
After hearing about the seminar in a radio ad, we sent a woman with a hidden camera to a FortuneBuilders free, two-hour seminar in Davenport, Iowa. She estimated there were about 60-75 people at the seminar she attended. Some were laborers who do work remodeling houses, some owned rental properties and some appeared interested in the business of house flipping.