Is a Fixer-Upper the Right Investment for Me?
Posted by The Cobb Group on
You’ve read the headlines: Build sweat equity. DIY special. Needs some TLC. These homes are far from turnkey, but they can offer good opportunities. With the right renovations, fixer-uppers can be a profitable investment.
But is this type of purchase right for you? To answer this question, consider three important factors.
Your plans. If you’re hoping to get a good deal on real estate and flip it for a profit or rent it out for extra money, this can be a good option. Another great option is buying a fixer-upper and doing the repairs yourself in order to transform the house into your dream home. On the other hand, if you have watched a lot of real estate shows and expect to spend a couple of weekends working on the home and then make big…
271 Views, 0 Comments