Are your flipping profits down or is this fake news?

[John Acheson]

Are you still making it as a small business flipper in this downturn?

"The flipping industry has become professionalized," said Ron Sitrin, a real estate agent.

https://www.cnbc.com/2018/11/01/home-flippers-are-...

"The flipping industry has become professionalized," said Ron Sitrin, a real estate agent with Long and Foster in Maryland. "It used to be contractors buying, fixing and selling one house at a time. Not very efficient. It's now become a very organized business model with companies that have employees looking for deals, securing financing, managing the fix-up. These groups are much more effective and efficient at finding the deals out there and reselling them profitably."

What % have your profits dropped in 2018

and what are you doing to prepare for the future?