Fixing up a run down house and turning a profit may seem like a great way to make a quick buck, but things are not always what they seem when it comes to home renovations. There is a lot more that goes into Fix and Flips than the latest TV show may suggest. There are some very important things to consider before deciding what property to Fix and Flip. Make sure you secure solid financing, use dependable and trustworthy contractors, pick a home in the right neighbourhood and complete all renovations to a standard that will make the home desirable when it’s back on the market. If all these steps and more are followed, Fix and Flips can be a very lucrative and rewarding undertaking!
Enjoy looking through these Calgary homes that need some TLC. One of these properties could be a prime target for your next renovation or Fix and Flip!