Flip or Flop—for his advice.El Moussa: I think all investors should be a little frugal. Frugal is putting in work to save money, but not by cutting corners.
A frugal flipper is someone that spends a lot of time shopping and negotiating deals, and getting discounts. They’re typically educated, or at least experienced, and they’re definitely professional.
Cheap house-flippers, however, cut corners by painting over old wallpaper unprofessionally, attempting to do everything they can to save money.Read more on success.com