Fixing and flipping houses is one of the most popular strategies for making money in the real estate market. It is also one of the most underrated strategies, but it is easily overwhelmed by the fact that the good old fix and flip is one of the most profitable strategies in the industry. A fix and flip strategy is relatively simple: it doesn't matter what the market is like, it doesn't require a lot of money, it doesn't take a lot of time, and it generates a lot of money. It involves buying a property, fixing it up and then selling it. The idea is to purchase properties at the lowest possible price, make the necessary repairs and modifications, and then sell the properties for as much profit as possible in the current market. In the real estate world, fix and flip, while popular and easy, is not one of the best regarded strategies. In fact, for most banks and businesses, fixing and turning things around is downright dirty. Be prepared to face a lot of criticism, because some of it is actually valid. Many of the cheap homes and properties for sale belong to families who are bankrupt or who need to sell their homes to avoid bankruptcy. But the bad reputation is based on the few black sheep of the business. There are always people who exploit and undermine the real estate market: George Parker, who made his fortune selling domestic land to foreign tourists, such as the Brooklyn Bridge and the Statue of Liberty. Fixing and flipping scammers is a smaller scale scam than selling your favorite landmark, but it's no less serious. Some scammers buy properties, barely repair them, and sell them to a buyer who then has to spend thousands of dollars repairing a home he thought had been improved. Another disadvantage is when and...... half the card ...... is sold for? What is the demand for properties similar to yours? Once you've found an appropriate buyer and an appropriate price, it's time to close the sale and walk away with a little fatter wallet. Don't be fooled though. Fixing and flipping isn't as easy as it might seem on daytime television. The real estate business cannot be predicted, even if it follows a cycle of ups and downs. Sometimes waiting to sell a home in a better market will end up draining your funds as you pay interest on a home you never wanted to sit on. Ideal correction and reversal is achieved within 90 days. It's a fast and furious business strategy. Fixing up and flipping properties is a great way to approach the real estate market, despite its bad reputation. If approached with care, it is an easy way to make money in real estate