Now becky quick. We begin with house flipping, thats when investors buy a fixer upper and make improvements and try to quickly resell at the profit. It was a booming business until the bubble burst in the financial crisis but now believe it or not, flipping is back and its this weeks cover story. 30 inches off the toilet. Reporter last june, Real Estate Agent dana rice was deep in the throws of remodeling this 1938 home in bethesda maryland, bought it for 600,000, intending to flip it for an easy profit. Not as easy as it looks. 400,000 in Construction Costs later she put the house on the market in october for 1. 469 million. In this particular area, for this particular house, im very confident because i feel as though the product we delivered, we really sweated the details on it and im getting great response from people looking at fixtures, colors, textures and things like that. Its not what they see in a general renovation flip. Flipping is coming back with a vengance despite the fac
Make a profit. It was a booming business until the financial crisis. Now, believe it or not, flipping is back, and its this weeks cover story, as diana olick reports. Reporter last june, Real Estate Agent dana rice was deep in the throes of modelling this 1938 home in bethesda, maryland. She bought it for 600,000, intending to flip it for a heavy profit. Absolutely not as easy as it looks. Reporter four months and 400,000 in Construction Costs later, she put the house on the market in october for 1. 469 million. In this particular area, for this particular house, im very confident, because i feel as though the product we delivered, we really sweated the details on it, and im already getting great response from people who are looking at fixtures, colors, textures, and things like that. And its not what they see in a general renovation flip. Reporter flipping is coming back with a vengeance, despite the fact that there are far fewer Distressed Properties for investors to buy on the cheap
It was a booming business until the financial crisis. Now, believe it or not, flipping is back, and its this weeks cover story, as diana olick reports. Reporter last june, Real Estate Agent dana rice was deep in the throes of modelling this 1938 home in bethesda, maryland. She bought it for 600,000, intending to flip it for a heavy profit. Absolutely not as easy as it looks. Reporter four months and 400,000 in Construction Costs later, she put the house on the market in october for 1. 469 million. In this particular area, for this particular house, im very confident, because i feel as though the product we delivered, we really sweated the details on it, and im already getting great response from people who are looking at fixtures, colors, textures, and things like that. And its not what they see in a general renovation flip. Reporter flipping is coming back with a vengeance, despi fewer Distressed Properties for investors to buy on the cheap. Getting in costs more today. But the potent
When antibiotics were first discovered in the 1940s, they were hailed as lifesaving wonder drugs preventing infections, but new strains of bacteria that are called superbugs have evolved, adapted and built up resistance. What does this mean for the future of modern medicine . That is this weeks cover story. They are called superbugs, strains of bacteria that have become resistant to antibiotics. They cause infections in 2 Million People in the United States each year and kill 70 years ago, antibiotics have saved millions of lives, but they have been overused causing bacteria to evolve faster and leaving medications ineffective. If current antibiotics fail to kill bacteria and doctors can stop infections, many procedures like organ transplants, chemotherapy and major surgery could become higher risk. How did we get here . Nearly onethird of prescriptions for antibiotics for some germs, the biggest source of resistance is animals in the food chain, and antibiotics are widely overused in
When antibiotics were first discovered in the 1940s, they were hailed as lifesaving wonder drugs preventing infections, but new strains of bacteria that are called superbugs have evolved, adapted and built up resistance. What does this mean for the future of modern medicine . That is this weeks cover story. They are called superbugs, strains of bacteria that have become resistant to antibiotics. They cause infections in 2 Million People in the United States each year and kill 23,000. Since they were discovered about 70 years ago, antibiotics have saved millions of lives, but they have been overused causing bacteria to evolve faster and leaving medications ineffective. If current antibiotics fail to kill bacteria and doctors can stop infections, many procedures like organ transplants, chemotherapy and major surgery could become higher risk. How did we get here . Nearly onethird of prescriptions for antibiotics are unneeded and incorrectly prescribed. For some germs, the biggest in the f