Another housing boom has begun

Real Estate

Bill Brame edited Star Trek films before he took up “house flipping.”

During the housing boom, Bill was often “turning around” 14 houses at once with three crews of renovators working full time. In 2004, he paid $400,000 for a house in Hollywood, California. A year later he flipped it for $1.2 million.

Back then, flipping houses was the most profitable side-job in America. Buy a house, fit it with a new kitchen, sell it for a big mark-up, repeat. In 2006, one in every 10 homes was bought to flip!

Find more information here: https://www.forbes.com/sites/stephenmcbride1/2019/10/14/the-biggest-housing-boom-in-history-has-just-begun/#27bb06c425b0