Real estate investment in Northern Michigan can be a passive or active means of growing personal wealth. As housing costs appreciate, simply owning a home in the area is a great way to invest in the future.
But some people wish to be more involved in their investments. For those who love the fast turn around, manual labor, and problem-solving, house flipping is a popular and fulfilling form of real estate investment.
HGTV popularized the art of house flipping by portraying this DIY renovation business in a way that seems highly accessible. As a result, there’s been a surge of ambitious investors entering the market across the country. Competition to buy undervalued homes has increased, but there’s still an opportunity for the careful, savvy