For so long the words "flipping real estate" or "flipping homes" has had a negative connotation. Even if your grandma thought it was bad to flip real estate we're here to say it is not bad at all.  It is a phenomenal opportunity if you do it right.  All you are doing is buying a home and then reselling it.  You'll pay your taxes and the government will love you for it. The key in today's market is to buy low and sell low.  The days of buying low and selling at market value are gone and may not be back ever.  But are you okay with buying a $20,000 property for $5,000 and selling it for $10,000 a week later?  You made $5,000 in a week. What if you flipped real estate like that a few times a month?  That's pretty good supplemental income.  I have a friend named Armando Montelongo.  He has a show called Flip that House and he has flipped more than 30 properties in a month.  (Don't be fooled by his rough appearance on the show, he's actually a very nice guy.)  Then you're not making supplement income anymore.  You're quitting your job and making quick flips in real estate your primary focus.  If you buy the property at the right price then making quick flips on your real estate is relatively easy. Tax deed sales and investing in tax deeds is an incredible way to flip real estate quickly.  Tax deeds allow investors to buy properties for pennies on the dollar making it possible to make quick flips.  If you buy the property near market value, then your margins and options are thin and few.  When you're buying foreclosures or preforeclosures the banks are trying to get as much money out of the property as possible.  When buying tax deeds you're buying from the county and the county is just trying to recoup delinquent taxes plus any costs they have incurred to foreclose. Tax deed investing is not a bad deal at all.  It makes quick flips in real estate possible in this difficult economy. No Risk Investor is the ultimate resource and tool for investing in tax liens, tax deeds, and real estate strategies for investors all over the world.  No Risk Investor takes incredible pride in its ability to help students take action, get into properties, and begin the journey to financial freedom.  No Risk Investor provides county lists, property lists, online auction lists, comprehensive training and education, an auction calendar, and online auction center, an investor community and much more for its members.