Flipping houses – it's not like on television

Nathaniel Sillin

Special to the Village News

Flipping a house can seem like a walk in the park when it's wrapped into a few montages during a half-hour television segment. Just find a run-down property, buy it, take out a few walls, paint, replace carpets, upgrade the kitchen and voilà – you could make tens of thousands of dollars in just a short time.

Reality is seldom so straightforward. Flipping a home can be risky, and there's no guarantee you'll profit.

Finding and buying the right house at the right price point can be difficult. The shows often start with the submission of a winning offe...