House Flipping: A Big Gamble

House flipping means buying a house or property, then sell it for a profit. Much about house-flipping depends on the real-estate market, which can be a big gamble. During a boom, flippers have the upper hand and can earn potential profits that are large and relatively quick. But you cannot predict what will appeal to buyers which can result to a fixed-up home to sit on the market for months. House flipping involves a no small investment. It takes careful planning and diligence in order to be successful. If you decide to go the distance in the art of house flipping, listen to what experts say.

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http://abcnews.go.com/Nightline/video/house-flipping-big-gamble-20932223