From CBS Marketwatch today, some comments on the do’s and don’ts of ‘flipping’ properties.

“As it turns out, the “sweet spot” for flippers is between three and six months. Hold a house any shorter or longer than that and you won’t do nearly as well. Of course, we’re not talking about scam artists who use false information to buy a house. Rather, we’re talking about savvy investors who purchase distressed or undervalued properties, raise their value by making repairs or even remodeling or simply taking advantage of a hot and getting-hotter housing market.”

For those bitter readers out there, I don’t necessarily condone this practice. Just passing on the information, OK?

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