House flipping is a dirty word in some markets, with many people laying partial blame for the housing bubble at the feet of real estate investors looking for a quick flip and a quick buck. The bust drove many real estate investors into hiding but they are starting to reappear in more frequent numbers due to the influx of well-priced foreclosure homes on the market. In fact, investors buy approximately 25 percent of homes sold today.


In this video, real estate investor Laura Abbott talks about her current project, a $180,000 3 bedroom, 1.5 bath home that she will flip into a 5 bedroom, 2.5 bath home with a $450,000 price tag. Although reducing the foreclosure inventory may seem like a good thing on the surface, these houses can push out first time home buyers and may even be contributing to a future rental property bubble.


Photo: JefferyTurner/Flickr

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