Fixer Upper
By buying a fixer-upper rental, you can get positive cash flow and a fast increase in equity. The downside? This can be a fair amount of work, and you have to be a landlord.
It is getting tough to have positive cash flow from rental homes, due to real estate prices going up faster than rent [...]
The television program, “Flip This House” was very popular for a while. Each episode usually followed a new investor or couple as they bought a fixer upper, renovated it and sold it – hopefully for a profit. That strategy worked well when prices of homes were still rising rapidly.
If you watched the program, though, you [...]
What if you were able to buy a decent two bedroom home for about $30,000, fix it up a little and put it on the market for $80,000? Do you think you could make some money that way? This is the story of a man who lost it all that way, followed by a few [...]
Continue reading about Losing Money In Real Estate – A True Story
A fixer upper home seemed like a good investment, but we had little experience. We had bought, fixed and sold a home in Montana for a profit, and completed the project in only a few months. However, we were new to the Tucson area, and didn’t quite have a grasp on the values. In Tucson, [...]
Continue reading about How To Lose Money On A Fixer Upper Home
Done right, flipping fixer uppers is perhaps one of the easiest ways to get into real estate investing. Usually you want to get in and out of the property as quickly as possible, because every day you own a house has costs associated with it. Interest on loans, taxes, insurance, electricity, heating, water, and other [...]
Continue reading about Fix-And-Sit: A New Fixer Upper Strategy
