- Published on Friday, 08 April 2011 09:56
- Written by Super User
- Hits: 1080
Hello and welcome to PhillyHomeFlipper.com (PHF)! My name is Mike Tomasetti and I renovate and resell property for a living. I started PHF to help both new and seasoned investors learn the tricks and trade of the business.
Each deal is different and presents new challenges. Flipping is not the 'get rich quick' formula it was touted to be, just a few years back. In fact, you can easily lose your hard-earned money if you are not careful and do not know exactly what you are getting into.
Truth be told, real estate investing is a tough game - particularly in this market. Unlike what the late night infomercials tell you, you need to know the risks associated with the business, before you get involved. I have been to plenty of seminars, where a 'guru' is up on stage, hyping his 'system', to a packed house. Unfortunately, most people who get caught up in that act never do a deal at all.
I am not a 'guru'. I will not be attempting to sell you a 'Do it Yourself' kit, for thousands of dollars. This business is about being creative and identifying the best deals. So, enjoy the information and if you have any questions, please ask!