(which are higher than long-term rates).
Always include a 15-20% "contingency fund" for hidden issues like mold, structural damage, or outdated wiring found behind walls. buying and flipping homes
Focus on high-ROI (Return on Investment) upgrades. Kitchens, bathrooms, and "curb appeal" (landscaping and paint) provide the biggest value bumps. Avoid over-improving for the neighborhood. (which are higher than long-term rates)
Finding "distressed" properties—houses that are physically run-down, in foreclosure, or owned by sellers needing a quick exit. buying and flipping homes