A real-estate broker quit his job to flip houses for a living and has made millions - see the before and after photos
Urban Asset Group and Melia Robinson/Business Insider
Flipping houses is riveting reality television for some. For others, it's a living.
Thomas Bayles quit his job as a mortgage broker at the tail end of the financial crisis to become a full-time flipper. He buys the ugliest houses in desirable neighborhoods in and around Los Angeles, pours money into renovations, and sells the properties for a handsome profit within a few months. Bayles has flipped over 16 abandoned homes and hoarder-havens in his career.
Flipping houses is an increasingly popular side-hustle in the US. Last year, 5.7% of all home sales were flips, according to Attom Data Solutions, a national property database.
Bayles shared some before-and-after photos with us to show that even the grittiest dwellings have unlimited potential - with a little TLC and a lot of cash.
- Love in the time of elections: Do politics spice up or spoil dating in India?
- Samsung Galaxy S24 Plus review – the best smartphone in the S24 lineup
- Household savings dip over Rs 9 lakh cr in 3 years to Rs 14.16 lakh cr in 2022-23
- Misleading ads: SC says public figures must act with responsibility while endorsing products
- Here’s what falling inside a black hole would look like, according to a NASA supercomputer simulation
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market