Fix and Flips

I don't know about you but whenever I am channel surfing on TV I invariably end up on a channel about homes--you know the ones I am talking about--designer shows, landscape shows, house hunting shows, awesome home shows, and of course shows about flipping houses.

One item I always mention to people who are thinking about fixing up and flipping a house is that you have to buy into an area which has high demand for homes. For example, if you buy a run down home which needs some updating and you buy it in a neighborhood which has more homes for sale than Buyers than your return on investment will be affected negatively.

But, if you buy a run down home or older home which needs updating and fixing in a desirable area where there are more Buyers than homes for sale than your investment will be much better.

There would be nothing worse than buying a home, fixing it up which requires money, time and effort on your behalf and not being able to sell the home.

Areas around here where you see a lot of fix and flips are Old Town Louisville, South Boulder, Chautauqua in Boulder, North Boulder, Old Town Longmont, and Old Town Lafayette.