Flipping a house is a common practice among DIY enthusiasts and those wanting to make a quick profit in a hot housing market. Flipping land is also another way to improve and sell an existing property by investing your own time and money. While both options share similar benefits, they are better for some situations than others. Here...

Photo by Lukas from Pexels Reality TV shows highlight the high-risk, high-reward world of house flippers. These made-for-television dramas follow seemingly everyday people through challenges such as finding mold behind walls. In the end, they either ramp up their investment and turn a profit or lose it all. The prospect of losing often deters would-be flippers from rolling...