Fixer Uppers are sometimes referred to as
just fixers, fixer upper homes, fixer upper properties or other
names are just houses that are in need of some of some repair.
There are many grades of fixer uppers or fixer upper
properties. Some fixer uppers homes only require cosmetic
fixing while other fixer uppers homes need major upgrade or
Who invest in fixer uppers homes?
Usually, when real estate investors invest
in fixer uppers homes, they are thinking of rehabbing those
fixer uppers and turning them into beautiful homes for sale at
retail market values. These real estate investors are rehabbers
because they rehab houses. There are real estate investors who
invest in fixer uppers houses to flip. They buy fixer upper
properties at bargain values and immediately turn around and
sell them to rehabbers. Flipping houses does not make as much
profit as rehabbing and selling the houses at market value.
However, flipping houses is easier than rehabbing. Anyone who
has connection with rehabbers and know the real estate market
can flip houses, whereas you need to have rehabbing skills to
rehab houses as well as know your market so that once your
fixer upper home is fully rehabbed, there will be a buyer for
Fixer upper properties
Fixer upper properties are all over the
place in almost every city. Some cities, there are more fixer
properties for sale than there are buyers for fixer uppers.
Other cities lack fixer uppers homes because when one is on the
market, it is immediately snatched by rehabbers looking to make
a handsome profit. In upmarket or hot cities, it is easy to
flip houses but most real estate investors would not want to
flip houses in hot real estate market because if they rehab the
house themselves, they will make ten times the amount of profit
they would if they flip that house. Any realtors should be able
to help you find fixer properties for sale in the areas you are