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3 Reasons Beginners Should Not Flip Houses

Flipping houses can be a great way to make a relatively quick profit, but these projects aren’t for everyone. Wondering if you’re equipped to take on a flip? You absolutely need a solid team when taking on a project of this size, including a top-notch contractor. You can get away with a mediocre handyman for everyday repairs, but not flipping an entire home. Fix and flips are full of surprises; be sure you have enough money to weather the storm (because you will encounter difficulty). You don’t know your market well enough. Don’t get me wrong—there are a million reasons you should be flipping houses. Just be sure you know what you’re getting into and have a solid support system to ensure you’re able to overcome the unexpected. What are some other reasons you shouldn’t flip houses? Weigh in with a comment!