![]() ![]() ![]() Now, we must take into consideration the location of this house – they were clearly in a different market than the one we have here in Bennington County. ‘How much did you pay for the house?’ $150,000. Floors were sagging, windows broken, walls damaged – among some of the remarks made. ‘What kind of shape was this house in when you bought it?” Terrible. ‘What made you decide to try your hand at flipping a house?’ After watching the many shows on TV about the success and ease of flipping and the profits that could be made, these three thought it looked easy enough and something they could take on themselves. As they walked thru the nicely updated and repaired home, they began to answer some questions. The reporter was interviewing three people who had decided to buy a distressed house together and fix it up on their own with the intention of reselling it. I was watching the news the other day and there was a segment on flipping houses.
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