Fixer-uppers are magic. Buy low, fix what matters, cash out big. But it’s not for the faint of heart. You need vision. You need guts. And you need to know what you’re doing. Get it right, and you’ll look like a genius. Get it wrong, and you’re just another sucker over budget.
The uglier, the better. Weird paint colors. Old carpet. Hideous kitchens. Those are goldmines. They scare other buyers off, but not you. You see what it could be, not what it is. Just make sure the price is low enough to leave room for the magic. If it’s not cheap, it’s not worth it.
Here’s the deal. Not all problems are your problem. A bad floor plan or a crumbling foundation? Walk away. That’s a money pit. But outdated cabinets? An avocado bathroom? Those are gifts. Focus on the stuff that buyers notice first. Kitchens. Bathrooms. Curb appeal. The rest? Let it go.
This isn’t about your dream home. It’s about flipping or cashing out. Go neutral. Go timeless. Think white subway tiles, quartz counters, and fresh paint. Nothing crazy. No risks. Buyers aren’t here for bold. They’re here for clean and move-in ready. Spend less. Sell for more.
You can’t fix everything, and you don’t need to. Stop before you hit overkill. No one cares about heated floors in a starter home. Spend on what adds value. Save where it doesn’t. If you overdo it, you’re eating into your profit. Know when to stop and walk away.