{"id":96,"date":"2026-01-03T12:04:12","date_gmt":"2026-01-03T12:04:12","guid":{"rendered":"https:\/\/newsliked.online\/?p=96"},"modified":"2026-01-03T12:04:12","modified_gmt":"2026-01-03T12:04:12","slug":"you-buy-a-house-for-365000-the-interior-reeks-from-top-to-bottom-it-is-infested-with-rodents-the-whole-place-in-a-state-of-disrepair-so-how-is-it-possible-to-sell-it-a-few-months-later-for-a-nea","status":"publish","type":"post","link":"https:\/\/newsliked.online\/?p=96","title":{"rendered":"You buy a house for $365,000. The interior reeks from top to bottom. It is infested with rodents. The whole place in a state of disrepair. So how is it possible to sell it a few months later for a nearly $100,000 profit?"},"content":{"rendered":"
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You buy a house for $365,000. The interior reeks from top to bottom. It is infested with rodents. The whole place in a state of disrepair.<\/div>\n<\/div>\n
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So how is it possible to sell it a few months later for a nearly $100,000 profit?<\/div>\n<\/div>\n
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This is the economics of house-flipping, the tantalizing, get-rich-quick strategy that lures so many into real estate.<\/div>\n<\/div>\n
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The house mentioned was the project of Paul Myers and Tanice Myers, who have flipped 500 single-family homes in Washington, Idaho and Indiana. With that seemingly hopeless house, they sunk about $135,000 and eight weeks into cleaning and renovation. The couple ended up selling it for $599,000.<\/div>\n<\/div>\n
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For every success story, though, there are plenty of those with not-so-happy endings. Yes, you can make a killing. But also, lots could go wrong: Repairs can take longer than you predicted. The house has bigger, hidden problems that you missed. You misjudged the market, or it simply turned sour while you were renovating.<\/div>\n<\/div>\n
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We\u2019re in one of those tricky times now.<\/div>\n
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You buy a house for $365,000. The interior reeks from top to bottom. It is infested with rodents. The whole place in a state of disrepair. So how is it possible to sell it a few months later for a nearly $100,000 profit? This is the economics of house-flipping, the tantalizing, get-rich-quick strategy that lures […]<\/p>\n","protected":false},"author":1,"featured_media":97,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-96","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stars"],"_links":{"self":[{"href":"https:\/\/newsliked.online\/index.php?rest_route=\/wp\/v2\/posts\/96","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsliked.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsliked.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsliked.online\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsliked.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=96"}],"version-history":[{"count":1,"href":"https:\/\/newsliked.online\/index.php?rest_route=\/wp\/v2\/posts\/96\/revisions"}],"predecessor-version":[{"id":98,"href":"https:\/\/newsliked.online\/index.php?rest_route=\/wp\/v2\/posts\/96\/revisions\/98"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsliked.online\/index.php?rest_route=\/wp\/v2\/media\/97"}],"wp:attachment":[{"href":"https:\/\/newsliked.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=96"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsliked.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=96"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsliked.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=96"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}