Continuing from Part 2, we are going to look in futher detail at all the things you must consider before choosing to flip a house:   Let's talk about the first point:  LOCATION, LOCATION, LOCATION.  You've heard it before, but location is all important!!       Pick an area where your completed home/project will SELL! And sell fast when it's ready to go -- TIME IS MONEY!  Look at established... [read more]

TIMING  Plan for when to buy Is any of the reno dependant on the weather? How long is the reno going to take? Plan when to sell   Typically - and I only say typically - it is best to buy in the Fall/Winter.  The frenzy of the spring is over, people have moved during the summer, homes are staying on the market longer due to lack of buyers. This gives you the fall and winter months to renovate.  You must plan ahead!  Are you doing any outside work?... [read more]