Renovations are a fantastic way to add value to your property and make it easier to sell on the real estate market. However, paying for a new set of windows, a new kitchen, or a different bathroom isn’t something that works for everyone’s budget.
The Internet of Things (IoT) has promised to provide a refrigerator that senses when the milk it stores is running low and adds it to the weekly grocery list automatically downloaded to the delivery service. While convenient, this is nothing compared to a system that has learned the homeowners preference for eggnog during the holidays and stocks up ahead of time.
Fixing and flipping houses is expensive. In fact, most real estate-related ventures cost a pretty penny. This is all the more reason to establish a healthy budget before tackling a flip job. Don’t stop there. Actually stick to the budget. Real estate investors know that profit is the key to a successful fix and flip.