Location location location
I bought a house on a prime street that was a bit neglected.
Worked on the basement & attic a lot
Improved the yard
Can’t lose money on this one
I’m not a skilled handyman. Just motivated
It sounds like you followed the old rule of real estate (still valid imho).
It is better to buy the worst house in a great neighborhood than the best house in a bad neighborhood.
Then any repairs you make over time are more likely to be rewarded with a higher value.
It sounds like you followed the old rule of real estate (still valid imho).
It is better to buy the worst house in a great neighborhood than the best house in a bad neighborhood.
Then any repairs you make over time are more likely to be rewarded with a higher value.
I got a mortgage on a “house in Mayberry” that I’ve been having renovated for resale the past year. This week I’m paying the mortgage off and getting quotes to move there myself.