I took time out to order Kirsten Kemp's new book on flipping homes - "Flipping Confidential" from Amazon and will review it as soon as I can get my hands on it.
By the way, the answer to the million dollar question: 7 and a 1/4 percent appreciation a year. I must admit, I cheated. I asked a very trusted friend - a mortgage broker who has done years of business in Sacramento. Of course, this appreciation is an average, which means that it will of course account for some very bad years and very good years. But now that you know the magic number, do the math and find out for yourself what your net worth will be when you retire!
Friday, June 1, 2007
Flipping? Now?
Posted by
Purva Brown - Sacramento Real Estate Gal
at
11:07 AM
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