Breaking News

STCC supplying ‘house flipping’ program

SPRINGFIELD, Mass. (WWLP) – Springfield Technological Community College is providing a program for anybody who would like to start off and have a prosperous “house flipping” business in Massachusetts.

According to STCC spokesman Jim Danko, Household Flipping 101 is a six-week on the net class taught as a result of STCC’s on-line studying management system, Blackboard.

The study course runs from April 5 to Could 14 and will incorporate rules important for authorized and making requirements in conducting perform in the household creating sector.

Danko explained “house flipping” is a sort of financial commitment method where by a person purchases house not with the intention to use, but with the intention of marketing it for a profit.

The class involves discussion boards, weekly material, and digital are living periods every single 7 days. Pupils need to do a minimum of eight hrs for each week to be prosperous. The lessons are not are living or with real-time conversation so students might comprehensive just about every weekly segment as their plan allows.

The instructor will be Jennifer DeForge, a professor in the STCC Architecture and Creating Know-how Software. She will support pupils fully grasp the real estate industry, the place to purchase a assets, the foreclosures course of action, getting properties at tax profits and evaluating homes, and estimating renovation prices.

Students will also review home flipping blunders, tax implications, the use of tax deductions, and rolling in excess of a buyer’s gains into the next flip.

The program is provided through STCC’s Workforce Advancement Centre, which provides noncredit applications and courses that meet the ever-transforming workforce demands of men and women, corporations, and industries in the area.