Talking to one of my investors today, he claims that I am not finding him the deals I use to get them. Fact of the matter is, hope prices have gone up so much that the profit margin is not there the way it was over the last 4 year.
Here are some Myth about Fixer - Upper
#1 It's easy to find good fixer-upper. Use to be but not any more.
#2 I can save (or make) a Lot of MONEY. Depends on how much work it needs now.
#3Things will go according to plan. Do not believe everything you see on TV.
#4 It won't take very long. I see some that are staying on the market longer now since the homes are older.
#5 It will be Easy to Nail the design updates. People are looking for more then just a new kitchen, now windows, furnace and more.
Not the same as 3 years also in our area.