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Top Tips for Buying a Fixer Upper
by
Brooke Riley-Re-Fabbed
(IC: blogger)
It is no secret that my husband and I love to fix up houses, whether to live in for a while or to turn around and sell. It is something we both really enjoy, and we both have talents that help us work together to get the job done with little work being hired out (To see the full makeover of the above home, click HERE). With HGTV’s show Fixer Upper as one of the most watched shows on the air, as well as countless other home renovation shows out there, it is no secret that there can be great reward in buying a fixer upper. Many times, they are priced well below market value, and many of them have built in equity right off the bat. The rewards CAN be great, but if you don’t know what you are doing or what you are getting into, it can also be a massive disaster.
Since I have had the opportunity to “flip” several houses in the past 10 years or so, I thought I would give some of the insight that my husband and I have on this subject so that if you are interested in purchasing a fixer upper, whether for yourself to live in OR to make a profit, you will have these tips at your fingertips so that you don’t go in blindly. Isn’t it always good to know someone who has been there/done that and made a few mistakes along the way and can teach you so that you don’t have to do the same??
Since I have had the opportunity to “flip” several houses in the past 10 years or so, I thought I would give some of the insight that my husband and I have on this subject so that if you are interested in purchasing a fixer upper, whether for yourself to live in OR to make a profit, you will have these tips at your fingertips so that you don’t go in blindly. Isn’t it always good to know someone who has been there/done that and made a few mistakes along the way and can teach you so that you don’t have to do the same??
1) Good Bones are KEY.
For the other 5 TIPS for buying a foreclosure, be sure to check out my blog!
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Published September 21st, 2016 10:23 PM
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Becky Partain on Aug 26, 2017
I'm so glad that you shared this info. I plan on purchasing a fixer upper next year. Thanks so much for sharing!!
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