But, many would be investors are still on the sidelines. Busy professionals like doctors and lawyers don’t have the time, energy, or skills to manage rehabs and flip properties as preached by every late night infomercial guru.
Joe Giglietti, President of Solomon Investment Group, Inc. and longtime real estate professional claims that while flipping homes sounds good, it’s often the path to financial devastation. He recommends a much simpler, more common sense strategy.
“When you flip a house,” he says, “there is a lot of guessing. How much will it take to repair, how much will it actually sell for, and how long will it actually take to sell?”
Apparently, some of the more seasoned investors are moving away from “flipping”
Solomon Investment Group, Inc. is doing a free tele-seminar on the strategies busy STL professionals are using to earn higher returns and more stability this Thursday. You can call for information or a free audio recording. Call the FREE RECORDED MESSAGE at 314-488-2900.