At 'Cash for Houses', we operate within a niche sector of the broad real estate investment market. Our primary focus lies in procuring 'as-is' properties, frequently at prices below the prevailing market rate. Our profit generation strategy revolves around two main approaches: refurbishing and selling these properties for a higher value, or holding onto them as income-generating rental properties. Like any business, we encounter varying degrees of success - sometimes we make money on houses and sometimes we lose money. To sustain profitability over the long term, we need to have larger financial reserves than most retail investors and we need a high volume of transactions in order to compensate for the losses . We also leverage economies of scale – for instance, we offer regular work to contractors, allowing us to negotiate significant discounts for repair and renovation tasks.