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Buy and Hold Fix and Flip Private Equity Real Estate Investments
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Fix and flip investment is basically the idea of revamping or we can say remodeling the existing property. The chief reason for going for fix and flip schema is spending some money on renovations then quickly sell it for a profit.

 

In order to attain a successful fix and flip the investor must keep in mind initial purchase price, Realtor costs to sell property, carrying costs while property is being renovated, materials and contractor fees for the repairs, insurance and property tax for the interim time period between purchasing and selling the property. Investors should have a target after renovation value, better know as an ARV.

 

Investors may look for properties with some of the following in the description.

'Fixer Uppers', 'Needs TLC', 'Gut and Rebuild' or 'Handyman Special'. These descriptions often indicate that the property is in need of renovation. The extent of which is determined only after a proper property inspection report.

Investors purchase the property and proceed with various renovations which may include rehabbing the kitchen, washroom, basement, bedrooms, backyard, or even adding additional rooms. Procedures such as painting, upgrading energy efficiencies, flooring and even a complete gut and rebuild.

Please contact us to get an updated list of investment properties in Toronto, Vaughan, Brampton and Mississauga that are perfect for fix and flip investment strategy.