How We Saved Money Repairing This House Flip!

Flipping
This is a house flip we have been working on and that is almost done! Of course, we are waiting on the appliances still as they have been greatly delayed lately thanks to the coronavirus. We should have those soon and the house should be completely done and ready to sell then.

With this house, we did many things to save us money when repairing it. It is easy to spend a ton of money and make all the repairs as they do on tv, it is harder to figure out what to do and what not to do to get the highest selling price relative to the money spent on the repairs.

What you fix and don’t fix also depends greatly on the area you are in and even the neighborhood you are in. We do different repairs and have different strategies on almost every house we flip.

We could have easily spent another $20,000 or more repairing this house but it would not have brought us nearly that much money back when selling it.

You can see the before video here of the house:

Here is a video that is of the house across the street where I went over the cost to make repairs although costs have increased since then. https://www.youtube.com/watch?v=qMQR0v9cako&t=18s

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Mark Ferguson’s purpose is to help as many people as he can become financially free through real estate.
Mark has been a real estate investor and real estate agent since 2001, after graduating from the University of Colorado. Mark has flipped close to 200 houses and routinely flips 15 to 25 houses a year. Mark owns 170,000 square feet of rentals and is the managing broker and owner of Blue Steel Real Estate. Mark has also written 9 books that you can find on Amazon https://amzn.to/2VGI6a9
Mark started InvestFourMore in March of 2013 to discuss his rental property investing techniques. Mark expanded InvestFourMore to talk about his flipping business and real estate agent business. InvestFourMore now has 300,000 views a month and is one of the top real estate blogs.
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