Key Magazine, the quarterly real estate publication from The New York Times, features a great article on flipping houses in its Spring 2007 edition. It focuses on the intersection of the entertainment industry and the house flipping phenomenon in modern America and it does not present the typical glossy overview of the renovate-to-riches dream. I enjoyed the article a great deal because it digs below the surface of the usual story about flipping houses and is brave enough to ask questions like: Is there any hard data behind Joe Flipper’s assertion that adding a privacy fence increased the home’s value by X thousand dollars? and What does the current obsession with home improvement say about our values as a society?
The author takes a cynical look at these questions and there is a clear theme of greed, reckless consumerism and destruction of individuality that underlies the entire story. It’s not very pretty, as illustrated by the […]
Original post by Viridian and software by Elliott Back
Real Estate Flipping Lease With Option