“What about fixer-uppers? Is it worth it?” – That’s one of the most common questions I get from students. And the answer? Yes! if you’ve got the capital, the interest, and the skill set (or the right team). Fix-and-flips can be a great way to build equity quickly, but they also come with surprises…sometimes great ones… and sometimes, not so great. Personally, I don’t focus on single-family homes or smaller duplexes. My lane has always been multi-unit properties. I love buying multiplexes, doing unit turnovers, and really transforming a space. The before-and-after results? They can be game-changing, not just in looks, but in value. I usually bring in contractors when needed. I know what I’m good at, and I know where to outsource, and having the right team in place makes all the difference. But…there’s no right or wrong method here. Some investors thrive in the single-family fix-and-flip world. Others, like me, prefer multi-units with long-term upside. The key is knowing your niche, and sticking to your strategy! Renovations can be exciting… or a total nightmare. Sometimes you uncover hidden gems. Other times, it’s a cracked foundation or 20-year-old plumbing you didn’t budget for. So let’s open it up… What do you prefer? What’s the extent of renovations you’ll take on? Have you had any horror stories, or big wins, with fixer-uppers? Drop a comment below, I’d love to hear your experiences!
And the answer?
Yes! if you’ve got the capital, the interest, and the skill set (or the right team).
Fix-and-flips can be a great way to build equity quickly, but they also come with surprises…sometimes great ones… and sometimes, not so great.
Personally, I don’t focus on single-family homes or smaller duplexes. My lane has always been multi-unit properties.
I love buying multiplexes, doing unit turnovers, and really transforming a space.
The before-and-after results?
They can be game-changing, not just in looks, but in value.
I usually bring in contractors when needed.
I know what I’m good at, and I know where to outsource, and having the right
team in place makes all the difference.
But…there’s no right or wrong method here.
Some investors thrive in the single-family fix-and-flip world.
Others, like me, prefer multi-units with long-term upside.
The key is knowing your niche, and sticking to your strategy!
Renovations can be exciting… or a total nightmare.
Sometimes you uncover hidden gems.
Other times, it’s a cracked foundation or 20-year-old plumbing you didn’t budget for.
So let’s open it up…
What do you prefer?
What’s the extent of renovations you’ll take on?
Have you had any horror stories, or big wins, with fixer-uppers?
Drop a comment below, I’d love to hear your experiences!