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Flipping Houses — It's Not Like TV
Flipping a house can seem like a walk in the park when it's wrapped into a few montages during a half-hour TV segment. Find a run-down property. Buy it. Take out a few walls, paint, replace carpets, upgrade the kitchen and voilà – you could make tens of thousands of dollars in just a short time. Reality is seldom so straightforward. Flipping a home can be risky, and there's no guarantee you'll profit.
