Calgary leads Canada in house flipping, but those who do it say approach with caution

You've likely watched it on reality TV. Someone buys a home, renovates and resells it for a profit. It's known as house flipping and as it turns out, Alberta, particularly Calgary, leads the country at it. Lara Mitchell has worked in real estate for nearly a decade and helped find her sister a home in August. "But turns out, she didn't want it. So, now I'm flipping it," Mitchell said. She bought the duplex for around $430,000 and is putting $50,000 into renovations. She hopes to sell for around