For those who want to invest in real estate without the long-term commitment of a rental property—house flipping can be a worthy alternative as it typically involves a much shorter commitment and a quicker return on investment. It is important to understand, however, that a lot of work goes into fixing and flipping properties to potentially generate a profit and there are no guarantees. Consider these six steps to starting a house flipping business before diving into a project.

What’s In Your Plan?
What’s in your plan? How one woman created a plan and secured her financial future to withstand the tough times.