
Flipping Houses for Profit: Is it legit?

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Welcome to North Dakota Realty Seek

Turn on the television--especially TLC, Discovery or HGTV--and you'll see people buying rundown houses, fixing them up, and selling them for big money. "Flip This House", "Flip That House" and "Property Ladder" are raking in big ratings. But is that for real?

Maybe. Maybe not. Some television shows have recently been given a black eye when documentation has shown that some of the "deals" on shows were not real deals after all. Some were outright fabrications.

But, you can make money buying these houses if you know what you are doing. First, you have to buy it at a steep discount...much steeper than you will find without hard work. Also remember that the tax burden on these is not insignificant...depending on where you live and what tax bracket you are in, you can expect to give half of your profit to Uncle Sam. And, of course, the contractors you use are key. Some know what they are doing, some do not. A bad contractor can cost you a lot of money. Rely on a knowledgeable real estate investor or realtor if you are a novice.

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Bismarck
Dickinson
Fargo
Grand Forks
Jamestown
Mandan
Minot
Williston

A
Abercrombie , Adams, Alamo, Alexander, Alice, Almont, Alsen, Ambrose, Amenia, Amidon, Anamoose, Aneta, Antler, Ardoch, Argusville, Arnegard, Arthur, Ashley, Ayr

B
Balfour , Balta, Bantry, Barney, Bathgate, Beach, Belcourt, Belfield, Benedict, Bergen, Berlin, Berthold, Beulah, Binford, Bisbee, Bismarck, Bottineau, Bowbells, Bowdon, Bowman, Braddock, Briarwood, Brinsmade, Brocket, Buchanan, Bucyrus, Buffalo, Burlington, Butte, Buxton

C
Calio , Calvin, Cando, Cannon Ball, Canton City, Carpio, Carrington, Carson, Casselton, Cathay, Cavalier, Cayuga, Center, Christine, Churchs Ferry, Cleveland, Clifford, Cogswell, Coleharbor, Colfax, Columbus, Conway, Cooperstown, Courtenay, Crary, Crosby, Crystal

D
Davenport , Dawson, Dazey, Deering, Des Lacs, Devils Lake, Dickey, Dickinson, Dodge, Donnybrook, Douglas, Drake, Drayton, Dunn Center, Dunseith, Dwight

E
East Dunseith , Edgeley, Edinburg, Edmore, Egeland, Elgin, Ellendale, Elliott, Emerado, Enderlin, Enderlin (Ransom County), Epping, Erie, Esmond

F
Fairdale , Fairmount, Fargo, Fessenden, Fingal, Finley, Flasher, Flaxton, Forbes, Fordville, Forest River, Forman, Fort Ransom, Fort Totten, Fort Yates, Fortuna, Four Bears Village, Fredonia, Frontier, Fullerton

G
Gackle , Galesburg, Gardena, Gardner, Garrison, Gascoyne, Gilby, Gladstone, Glen Ullin, Glenburn, Glenfield, Golden Valley, Golva, Goodrich, Grace City, Grafton, Grand Forks, Grand Forks AFB, Grandin, Grandin (Traill County), Grano, Granville, Great Bend, Grenora, Gwinner

H
Hague , Halliday, Hamberg, Hamilton, Hampden, Hankinson, Hannaford, Hannah, Hansboro, Harvey, Harwood, Hatton, Havana, Haynes, Hazelton, Hazen, Hebron, Hettinger, Hillsboro, Hoople, Hope, Horace, Hove Mobile Park, Hunter, Hurdsfield

I
Inkster

J
Jamestown , Jud

K
Karlsruhe , Kathryn, Kenmare, Kensal, Kief, Killdeer, Kindred, Knox, Kramer, Kulm

L
Lakota , LaMoure, Landa, Langdon, Lankin, Lansford, Larimore, Larson, Lawton, Leal, Leeds, Lehr, Lehr (McIntosh County), Leith, Leonard, Lidgerwood, Lignite, Lincoln, Linton, Lisbon, Litchville, Loma, Loraine, Ludden, Luverne

M
Maddock , Makoti, Mandan, Mandaree, Mantador, Manvel, Mapleton, Marion, Marmarth, Martin, Max, Maxbass, Mayville, Maza, McClusky, McHenry, McVille, Medina, Medora, Mercer, Michigan City, Milnor, Milton, Minnewaukan, Minot, Minot AFB, Minto, Mohall, Monango, Montpelier, Mooreton, Mott, Mountain, Munich, Mylo

N
Napoleon , Neche, Nekoma, New England, New Leipzig, New Rockford, New Salem, New Town, Newburg, Niagara, Nome, Noonan, North River, Northwood

O
Oakes , Oberon, Oriska, Osnabrock, Overly, Oxbow

P
Page , Palermo, Park River, Parshall, Pekin, Pembina, Perth, Petersburg, Pettibone, Pick City, Pillsbury, Pingree, Pisek, Plaza, Portal, Portland, Powers Lake, Prairie Rose

R
Rawson , Ray, Reeder, Regan, Regent, Reile's Acres, Reynolds, Reynolds (Traill County), Rhame, Richardton, Riverdale, Robinson, Rocklake, Rogers, Rolette, Rolla, Ross, Rugby, Ruso, Rutland, Ryder

S
Sanborn , Sarles, Sarles (Towner County), Sawyer, Scranton, Selfridge, Sentinel Butte, Sharon, Sheldon, Shell Valley, Sherwood, Sheyenne, Sibley, Solen, Souris, South Heart, Spiritwood Lake, Springbrook, St. John, St. Thomas, Stanley, Stanton, Starkweather, Steele, Strasburg, Streeter, Surrey, Sykeston

T
Tappen , Taylor, Thompson, Tioga, Tolley, Tolna, Tower City, Tower City (Cass County), Towner, Turtle Lake, Tuttle

U
Underwood , Upham

V
Valley City , Velva, Venturia, Verona, Voltaire

W
Wahpeton , Walcott, Wales, Walhalla, Warwick, Washburn, Watford City, West Fargo, Westhope, Wheatland, White Earth, White Shield, Wildrose, Williston, Willow City, Wilton, Wilton (McLean County), Wimbledon, Wing, Wishek, Wolford, Woodworth, Wyndmere

Y
York

Z
Zap , Zeeland

Flipping Houses for Profit: Is it legit?

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