Whether flipping homes in major cities or emerging markets, "the key to success lies in understanding the local market dynamics," an expert told Newsweek.

TV has a way of making things look exciting and easy to accomplish. This is probably seen most often when it comes to house flipping. House flippers buy beat-up properties on the cheap, pour some ...

Grier working on the renovation.Courtesy of Phoebe Grier A lot of people were supportive of the fact that I was a young person who wanted to flip a house. Some people were impressed. Other people ...