Required Reading: Flip Those Homes!
Ruth Samuelson at the City Paper has an interesting story in this week's issue about Express Homebuyers, a company that buys, renovates and flips homes in the DC area. The Springfield company sold about 100 properties in 2007, 80 in 2008, but projects that it will sell 130 in 2009. Founded in 2003, it has successfully flipped 500 homes since its inception.