According to the (NAR) National Association of Realtors one should only purchase a home or apartment (in our case a Boston Home) if you plan to live there for a least seven years. Anything less than that and you will lose a large amount of money. For the average person, (not the knowledgeable and experienced investor) it is better to buy property that you are actually going to live in and forget trying to get rich by flipping property.
Flipping properties looks great on Television, in fact there is one program that is dedicated to flipping Boston real estate and it looks so simple. Do not believe it. This is an art in itself and unless you partner with an experienced Realtor and/or investor leave the “flipping” to someone else.