November 20, 2008
Make Money With Fixer Uppers in Property
As in most business ventures research is vital. It is no different in the real estate niche of the fixer upper. It must be said initially that you CAN make money with fixer uppers BUT you must approach it with your head rather than your heart. This is a business venture first, so first be sure you are getting a home that can be repaired and that will earn a profit when completed. Study the neighborhood or area the home is in and determine from comps what its value is and whether the area is appreciating or decreasing in value.
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