The Lender

Renovating a property can be a daunting process for many real estate investors. Seeing other successful fix and flips make high profits make the process seem easy – just buy an old property, throw on some paint and a few fixes and sell it for a higher price. However, the hard reality of home renovation is that making even basic cosmetic changes can take a long time, bring up some nasty surprises and quickly become more expensive than originally planned for. Realistically, there are some serious challenges you will face before the property is in a state where it is ready to be sold.


By the end of this year, millennials will number 73 million, a number larger than any other living adult population. It’s this generation that is expected to be the biggest driving force pushing the housing market forward in 2020. Large groups of millennials entering the market are now either purchasing their first home or trading up for bigger properties as their families expand. Millennials buyers will keep demand for homes robust next year, particularly for entry-level properties.

No investment comes without some measure of risk, and that includes the often-stable real estate investments. Whether fix and flipping or fix and renting a

The growing collection of reality television fix and flip shows have made flipping a home and making good profits look easy as pie. But there is much more to getting positive returns than making some simple cosmetic fixes, doing a few DIY projects and raising the property’s curb appeal. Too many investors end up taking on a residential fix and flip project and focussing on design only, without paying attention to the basics that will maximize their returns.

The sale of your first fix and flip property will likely be one of the biggest financial transactions of your career so far. With so much at stake during the sale process, the pressure to sell your property successfully can be immense and it can be difficult to know which steps to take. In order to get the ideal asking price and make the highest profit, it’s important to understand the timelines of properties-for-sale on the local market.

House flipping is a lucrative business, but it can be daunting for first-timers who are just getting their feet wet. For beginners, it can be helpful to learn the answers to some of the most common flipping questions so that they can avoid making mistakes and enjoy the process instead. Successful house flipping is not an overnight, get-rich-quick type of investment, contrary to what many believe. That’s why it’s best to start off being well informed.