16.11.2012 - Tips on home-buying, from New Yorkers with know-how
Looking to make a profit in New York’s competitive real estate market? The recent sales of several townhouses profiled by The Wall Street Journal’s “House of the Day” can provide a blueprint for would-be developers. Flipping properties – buying a home, renovating it and then selling it — can be a profitable endeavor for a developer who spots a neighborhood or block on the rise, but sometimes it pays off to renovate a home while you live in it. And that way, the process can also become a true labor of love...............................................Full Article: Source
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