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	<title>Frugal living tips @ CheapEncounters.com &#187; Real Estate</title>
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		<title>&#8220;Flip That House&#8221;?</title>
		<link>http://cheapencounters.com/2007/08/27/flip-that-house/</link>
		<comments>http://cheapencounters.com/2007/08/27/flip-that-house/#comments</comments>
		<pubDate>Mon, 27 Aug 2007 22:26:27 +0000</pubDate>
		<dc:creator>BillyOceansEleven</dc:creator>
				<category><![CDATA[Real Estate]]></category>

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		<description><![CDATA[<p>In preparation for the upcoming football season, our family has finally hooked up service through Dish Network. We no longer have to crash a friend&#8217;s house to watch football games on ESPN! Anyway, unfortunately there isn&#8217;t a live football game on 24/7, so we flipped channels and found a show called &#8220;Flip That House&#8221; on [...]]]></description>
			<content:encoded><![CDATA[<p>In preparation for the upcoming football season, our family has finally hooked up service through Dish Network. We no longer have to crash a friend&#8217;s house to watch football games on ESPN! Anyway, unfortunately there isn&#8217;t a live football game on 24/7, so we flipped channels and found a show called &#8220;Flip That House&#8221; on HGTV.</p>
<p>It was definitely an interesting show. As you can guess, the show follows a real estate investor as they buy a crappy house and fix it up to sell at a profit. It is really cool to see the work they do on these crappy houses, but I worry this is giving people the impression this is a sure-fire way to make a quick profit. I found it interesting that on a couple of these episodes they never said what the home actually sold for (if it even sold), just what they listed the house for.</p>
<p>Also, all of the episodes we saw were in Southern California, where the property values are way inflated anyway. In most of the rest of the country, I don&#8217;t know that you would be able to put $50,000 into a house and still make a profit since the values are relatively low.</p>
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