Archive for the 'Investment' Category

August 22, 2007
Clarinex Generic Buy Zyban Online Lipitor Without Prescription Neurontin No Prescription Cymbalta For Sale Topamax Generic Buy Soma Online Celexa Without Prescription Stromectol No Prescription Stromectol For Sale

Look for a Reasonable Fixer Upper.

Keep in mind there is a fine line between reasonable and an out of your league project. Look for a home that just needs some paint and flooring, nothing too big, and preferably just cosmetic repairs. Almost anyone can handle those. Bigger projects like roofs and add-ons can quickly spiral out of control cost wise.

If you have cash, and can pull off the repairs without putting yourself into debt, you can usually fix a home up very nicely and make a fair gain for your work and time.

An example of this would be two homes in a fast improving neighborhood. One of them, in excellent condition, sells for $250,000. Knowing this you see a home of similar size, close by, that is listed for $199,000. Assuming the home is structurally sound, much can be done to improve the appearance of the home with some simple sweat. $10,000 of paint and cosmetic repairs could reasonably see your house selling for $250,000 when all is said and done.