3 Flip Upgrades That Don’t Always Pay Off

By |2020-05-09T09:14:08-04:00May 11th, 2020|Categories: Flipping, Hard Money|Tags: , , , , |0 Comments

You want to make your flip as appealing as possible to potential buyers, but over-improvements and ill-conceived changes could hurt your bottom line, or even jeopardize the sale of your flip. Consider these scenarios before your next project. Uber-Upgraded Kitchens There are upgrades, and then there are upgrades. The latter isn’t always a great thing. For example, if you invest $80,000 on a super high-end kitchen in a home where the neighborhood comps are $200,000 you may not recoup your investment, and your kitchen will eat into your bottom line. Also, if you do an uber upgrade in your kitchen