Hi Guys
I am looking into an IP for short term gain
Properties are already established, I hear a lot about people flipping but I am having difficulty understanding how it can payoff, when
1) Property stamp duty buying costs etc
2) selling commisions etc
Am I missing something or are the capital gains so high that it covers all these costs?
Cheers
Brett
I am looking into an IP for short term gain
Properties are already established, I hear a lot about people flipping but I am having difficulty understanding how it can payoff, when
1) Property stamp duty buying costs etc
2) selling commisions etc
Am I missing something or are the capital gains so high that it covers all these costs?
Cheers
Brett