Posts Tagged ‘stable position’

What’s to stop someone from building a house, selling it, and doing it again…over and over?

Sunday, August 23rd, 2009

Assuming the RE market and economy is a stable position, what would stop someone from buying property, building a house (doing some work themselves to save money (ie. installing carpet, doing landscaping, etc.), selling it, taking that profit and doing it again? I would think all you need is capital…..any pitfalls to that approach? Technorati [...]