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Old 06-22-2007, 11:10 AM
Nicholasp27 Nicholasp27 is offline
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Join Date: Aug 2004
Location: Springfield
Posts: 24,908
Default Re: Flipping houses, how much profit to expect after remodeling?

check out your state's licensing requirements

once u get ur license, u could probably hook up with a mortgage broker or bank to get some appraisal work; seems like they pay maybe 300ish or so per appraisal; not sure how many hours of work that 300 takes, as you have to do research work beyond just looking at the actual house

your state probably has good resource page on real estate licensing and appraisal licensing requirements

if u get really into flipping, eventually getting a broker's license would also save a bunch of money, as grasshopp3r said

i could imagine that one could get licensed in sales, brokering, and appraising and make money from selling/showing homes and appraising homes while also working on flipping houses...the appraising maybe offering the steady income to pay the bills while the flipping/selling giving the big bursts of income
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