Flipping Houses Ethics: Avoiding Fraud (Even Accidentally)

Posted by admin in How To Flip

I believe that real estate investing is a business that’s both vital and necessary for a healthy, thriving national economy. However it seems in recent years it’s also an industry that’s often better known for unscrupulous investors, shady deals and fraudulent activity rather than the economic value real estate investing brings.

The image we see painted by the media is all too often than of the slum lord keeping his deprived tenants under this thumb as he gets rich off their misery. Or it’s the fast talking mogul spinning his crooked web of house flipping schemes, taking advantage of little old ladies and making heaps of cash from stealing houses from people.

While these images are far too sensationalized by the media, it saddens me to admit that there is often an unfortunate truth behind them. Read the rest of this entry »

Is Flipping Houses Legal?

Posted by admin in How To Flip

In my career as a full time real estate investor and teacher, I’ve found there are a quite a few common questions people tend to ask fairly frequently. But there is one question in particular that just seems to keep rearing it’s ugly head over and over again.

“I’ve heard in the news lately about some investors who went to prison because they were flipping houses. Is flipping houses legal?” Read the rest of this entry »