Flipping houses is back in South Los Angeles
Saturday, April 24, 2010 - 22:30
in Earth & Climate
Investors are snapping up foreclosed homes in hopes of making a quick killing. The musty smell of neglect greeted the two investors as they stepped past the waist-high weeds and peeling paint to cross the threshold of the latest prize: a boarded-up two-story house in South Los Angeles.