To start buying and selling houses for profit, you must transition from a consumer mindset to an investor mindset, focusing on market research, financial discipline, and a strategic renovation process. Success in this field is often defined by the "70% Rule," which suggests you should never pay more than 70% of a property's estimated value after repairs, minus the cost of those repairs. Phase 1: Strategic Planning and Financial Readiness
Before viewing properties, establish a solid financial foundation and clear investment objectives. how to start buying and selling houses