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Perhaps one of many largest draws for viewers of home-buying and -improvement reality shows is the chance to reside vicariously by way of the individuals. While you is probably not in search of a new home or beginning a reworking project, it’s still entertaining to look at others undergo the method. Remember, nevertheless, that not every story you see played out on the small screen is true. Long gone are the times of real estate worth run-ups, when buyers flocked to housing auctions to grab up properties. In the second quarter of this yr, simply 31,000 single-family houses had been flipped, according to RealtyTrac.com’s U.S. Home Flipping Report. Investors made a mean gross revenue of more than $46,000 in the second quarter, which amounts to a 21% gross return on preliminary investment, RealtyTrac.com says.
Switch out your old house numbers for one thing new and trendy. Install some overhead or …