+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

A real-estate broker quit his job to flip houses for a living and has made millions - see the before and after photos

Dec 15, 2017, 00:59 IST

Urban Asset Group and Melia Robinson/Business Insider

Advertisement

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.

Advertisement

Next Article