In this country the act of buying and flipping real estate has been refined to a fine art form. More and more people are making their fortunes in the real estate market and its a simple truth that it can be done by anyone. It takes a great plan and some money to invest, but if done right the rewards can be astounding. No other area of investment has consistently shown such a high profit margin and such a pattern of growth.
So what does it take to successfully fix & flip a home? This depends on you. Are you a bit of a handyman? Or could you cut off your own finger with a spoon? If you are the latter you may want to engage the services of a contractor, it will likely save money, time and band-aids. Whether you choose to DIY or to hire someone to do the fixing aspect of this there are a few things they almost all fixer-uppers will need.
Paint is the most likely of these suspects. Most older homes have a somewhat neglected cosmetic makeup. A new coat of paint both inside and out can take years off a homes appearance and add nicely to its value. One place that usually needs a bit of love is the kitchen. As the highest traffic area in any home, kitchens can...