Tanya Rankin video blogs about how important it is to proceed with caution when thinking about flipping real estate in Williams Lake.
Tanya Rankin: Hi it’s Tanya Rankin in Williams Lake. With ever since I think HGTV started producing a lot of different programs to do with flipping homes, buying and selling real estate and that kind of stuff. A lot of people have thought that there’s a pile of money to be made with flipping homes and I hear that comment quite frequently from people that express their desire to getting to doing that and I just wanna say really crunched the numbers and proceed with caution unless you catch a market on real up swing in the way I run the numbers there isn’t usually a lot of extra money left over when you do it that way and I’m not trying to discouraged people because of course there’s still that opportunity there if you can really do it at the right buy at the right price and if the market does happen to beyond and up swing it it’s fine but by time you pay your fees and capital gains and so many other factors that go into just be careful make sure you really do your homework, really think about it. In a tight market it’s tough. If you have any questions send me an email anytime to tanya@tanyarankin.com and I hope you have a great week!