That was a good article. It should be mandatory reading for potential flippers. The author is correct, in that flipping really only works when prices are increasing in a particular market. Real estate has been a great investment long-term – and usually much better when holding properties for at least two years to get preferable capital gains treatment. I think that with the current market, so many thousands of flippers will get burned, that we may never again, (or at least in the next 10 to 20 years), see huge run-ups in prices.
