Search results for "Basic strategy" in Home Design Ideas

When the Gimbels department store chain closed in 1986, many of its selling floors were converted into luxury apartments, including those of this branch at 86th Street and Lexington Avenue. The retailer’s soaring ceilings allowed Axis Mundi to create bedroom mezzanine spaces overlooking the living and dining rooms. Defining them with translucent glass welcomed natural light while retaining privacy. Downstairs, spaces bleed one into another, their basic monochromatic black-and-white palette acting as a unifying leitmotif. Yet each space feels distinct, with its own programmatic purpose, a feat largely achieved by varying floor and wall treatments—a graphic tile pattern in the entry, a red wall in the hall leading to the master suite, a colorful area rug in the living room. In the retailer’s heyday, the then-common saying, “Would Macy’s tell Gimbels?” implied the strategies the competitors kept from each other to gain the upper hand. Here, a structure iconic in its day also conceals something: a handsome, wholly contemporary repurposing that represents just the sort of innovation that made Gimbels the celebrated name that it was.
Project Team: John Beckmann, Nick Messerlian and Richard Rosenbloom
Kitchen by Minimal USA
Photography: Federica Carlet
© Axis Mundi Design LLC

When the Gimbels department store chain closed in 1986, many of its selling floors were converted into luxury apartments, including those of this branch at 86th Street and Lexington Avenue. The retailer’s soaring ceilings allowed Axis Mundi to create bedroom mezzanine spaces overlooking the living and dining rooms. Defining them with translucent glass welcomed natural light while retaining privacy. Downstairs, spaces bleed one into another, their basic monochromatic black-and-white palette acting as a unifying leitmotif. Yet each space feels distinct, with its own programmatic purpose, a feat largely achieved by varying floor and wall treatments—a graphic tile pattern in the entry, a red wall in the hall leading to the master suite, a colorful area rug in the living room. In the retailer’s heyday, the then-common saying, “Would Macy’s tell Gimbels?” implied the strategies the competitors kept from each other to gain the upper hand. Here, a structure iconic in its day also conceals something: a handsome, wholly contemporary repurposing that represents just the sort of innovation that made Gimbels the celebrated name that it was.
Project Team: John Beckmann, Nick Messerlian and Richard Rosenbloom
Kitchen by Minimal USA
Photography: Federica Carlet
© Axis Mundi Design LLC

When the Gimbels department store chain closed in 1986, many of its selling floors were converted into luxury apartments, including those of this branch at 86th Street and Lexington Avenue. The retailer’s soaring ceilings allowed Axis Mundi to create bedroom mezzanine spaces overlooking the living and dining rooms. Defining them with translucent glass welcomed natural light while retaining privacy. Downstairs, spaces bleed one into another, their basic monochromatic black-and-white palette acting as a unifying leitmotif. Yet each space feels distinct, with its own programmatic purpose, a feat largely achieved by varying floor and wall treatments—a graphic tile pattern in the entry, a red wall in the hall leading to the master suite, a colorful area rug in the living room. In the retailer’s heyday, the then-common saying, “Would Macy’s tell Gimbels?” implied the strategies the competitors kept from each other to gain the upper hand. Here, a structure iconic in its day also conceals something: a handsome, wholly contemporary repurposing that represents just the sort of innovation that made Gimbels the celebrated name that it was.
Project Team: John Beckmann, Nick Messerlian and Richard Rosenbloom
Kitchen by Minimal USA
© Axis Mundi Design LLC
Find the right local pro for your project

When the Gimbels department store chain closed in 1986, many of its selling floors were converted into luxury apartments, including those of this branch at 86th Street and Lexington Avenue. The retailer’s soaring ceilings allowed Axis Mundi to create bedroom mezzanine spaces overlooking the living and dining rooms. Defining them with translucent glass welcomed natural light while retaining privacy. Downstairs, spaces bleed one into another, their basic monochromatic black-and-white palette acting as a unifying leitmotif. Yet each space feels distinct, with its own programmatic purpose, a feat largely achieved by varying floor and wall treatments—a graphic tile pattern in the entry, a red wall in the hall leading to the master suite, a colorful area rug in the living room. In the retailer’s heyday, the then-common saying, “Would Macy’s tell Gimbels?” implied the strategies the competitors kept from each other to gain the upper hand. Here, a structure iconic in its day also conceals something: a handsome, wholly contemporary repurposing that represents just the sort of innovation that made Gimbels the celebrated name that it was.
Project Team: John Beckmann, Nick Messerlian and Richard Rosenbloom
Kitchen by Minimal USA
Photography: Federica Carlet
© Axis Mundi Design LLC

Gorgeous master bath with dramatic retro "wave" tile. Peak Photography
Example of a 1950s bathroom design in Los Angeles
Example of a 1950s bathroom design in Los Angeles

When the Gimbels department store chain closed in 1986, many of its selling floors were converted into luxury apartments, including those of this branch at 86th Street and Lexington Avenue. The retailer’s soaring ceilings allowed Axis Mundi to create bedroom mezzanine spaces overlooking the living and dining rooms. Defining them with translucent glass welcomed natural light while retaining privacy. Downstairs, spaces bleed one into another, their basic monochromatic black-and-white palette acting as a unifying leitmotif. Yet each space feels distinct, with its own programmatic purpose, a feat largely achieved by varying floor and wall treatments—a graphic tile pattern in the entry, a red wall in the hall leading to the master suite, a colorful area rug in the living room. In the retailer’s heyday, the then-common saying, “Would Macy’s tell Gimbels?” implied the strategies the competitors kept from each other to gain the upper hand. Here, a structure iconic in its day also conceals something: a handsome, wholly contemporary repurposing that represents just the sort of innovation that made Gimbels the celebrated name that it was.
Project Team: John Beckmann, Nick Messerlian and Richard Rosenbloom
Kitchen by Minimal USA
© Axis Mundi Design LLC

The Yountville Residence was designed to accommodate three family generations coming together over food, wine, outdoor living and the land. Located amongst continuous vineyards on the broad flood plain of the Napa River, creating a strong sense of place was foremost. Rich in a culture of wine making and production from the land, the site demanded a design solution that honored its history and elevated the experience of the land.
The house pays homage to its context by creating a reimagined agrarian compound. Conceived as a family of smaller buildings, the architecture comes together around a shaded patio and pool. The kitchen, dining, and living spaces all flow onto the shaded outdoor patio and gardens. Low-sloped gable roofs evoke the agricultural history of the region and echo the gentle slope of the foothills beyond.
The home remains understated – quietly drawing one’s attention back to the magnificent natural features of the landscape. Gently pulled back into the heart of the serene vineyards, it is carefully oriented with Stag’s Leap at the foot of the Vaca Mountains to the East and the Mayacamas Range to the West. Scenic views continue uninterrupted through the home. Large window walls slide open and pocket on either side of the house, connecting the family to the outdoors and building a personal experience of place on the Valley floor.
“If we can enrich people’s lives, and just maybe inspire them to do something beyond what they might otherwise have done, that brings us great satisfaction.” – Stan Field, fA Principal
The connection of the architecture to the land goes beyond its visual connectivity. The design sensitively responds to land and place by recognizing key passive cooling and natural daylighting strategies present on the site. Broad overhanging roofs and the large slide away doors capture prevailing breezes up the valley. The patio, which is pulled close into a recessed cut-out in the main living space of the house, allows summer breezes across the pool to cool the house. Expansive windows and a narrow cross-section allow natural daylight to penetrate deep into the spaces and illuminate the rich and earthy palette of natural materials.
The architecture created is a vehicle through which the powerful forms of the landscape craft a powerful experience of place. It is a respite from urban life, designed to bring one back to the basics: a love of family, land, food, and of course, wine.

Sponsored
Columbus, OH
Hope Restoration & General Contracting
Columbus Design-Build, Kitchen & Bath Remodeling, Historic Renovations

The Yountville Residence was designed to accommodate three family generations coming together over food, wine, outdoor living and the land. Located amongst continuous vineyards on the broad flood plain of the Napa River, creating a strong sense of place was foremost. Rich in a culture of wine making and production from the land, the site demanded a design solution that honored its history and elevated the experience of the land.
The house pays homage to its context by creating a reimagined agrarian compound. Conceived as a family of smaller buildings, the architecture comes together around a shaded patio and pool. The kitchen, dining, and living spaces all flow onto the shaded outdoor patio and gardens. Low-sloped gable roofs evoke the agricultural history of the region and echo the gentle slope of the foothills beyond.
The home remains understated – quietly drawing one’s attention back to the magnificent natural features of the landscape. Gently pulled back into the heart of the serene vineyards, it is carefully oriented with Stag’s Leap at the foot of the Vaca Mountains to the East and the Mayacamas Range to the West. Scenic views continue uninterrupted through the home. Large window walls slide open and pocket on either side of the house, connecting the family to the outdoors and building a personal experience of place on the Valley floor.
“If we can enrich people’s lives, and just maybe inspire them to do something beyond what they might otherwise have done, that brings us great satisfaction.” – Stan Field, fA Principal
The connection of the architecture to the land goes beyond its visual connectivity. The design sensitively responds to land and place by recognizing key passive cooling and natural daylighting strategies present on the site. Broad overhanging roofs and the large slide away doors capture prevailing breezes up the valley. The patio, which is pulled close into a recessed cut-out in the main living space of the house, allows summer breezes across the pool to cool the house. Expansive windows and a narrow cross-section allow natural daylight to penetrate deep into the spaces and illuminate the rich and earthy palette of natural materials.
The architecture created is a vehicle through which the powerful forms of the landscape craft a powerful experience of place. It is a respite from urban life, designed to bring one back to the basics: a love of family, land, food, and of course, wine.

The Yountville Residence was designed to accommodate three family generations coming together over food, wine, outdoor living and the land. Located amongst continuous vineyards on the broad flood plain of the Napa River, creating a strong sense of place was foremost. Rich in a culture of wine making and production from the land, the site demanded a design solution that honored its history and elevated the experience of the land.
The house pays homage to its context by creating a reimagined agrarian compound. Conceived as a family of smaller buildings, the architecture comes together around a shaded patio and pool. The kitchen, dining, and living spaces all flow onto the shaded outdoor patio and gardens. Low-sloped gable roofs evoke the agricultural history of the region and echo the gentle slope of the foothills beyond.
The home remains understated – quietly drawing one’s attention back to the magnificent natural features of the landscape. Gently pulled back into the heart of the serene vineyards, it is carefully oriented with Stag’s Leap at the foot of the Vaca Mountains to the East and the Mayacamas Range to the West. Scenic views continue uninterrupted through the home. Large window walls slide open and pocket on either side of the house, connecting the family to the outdoors and building a personal experience of place on the Valley floor.
“If we can enrich people’s lives, and just maybe inspire them to do something beyond what they might otherwise have done, that brings us great satisfaction.” – Stan Field, fA Principal
The connection of the architecture to the land goes beyond its visual connectivity. The design sensitively responds to land and place by recognizing key passive cooling and natural daylighting strategies present on the site. Broad overhanging roofs and the large slide away doors capture prevailing breezes up the valley. The patio, which is pulled close into a recessed cut-out in the main living space of the house, allows summer breezes across the pool to cool the house. Expansive windows and a narrow cross-section allow natural daylight to penetrate deep into the spaces and illuminate the rich and earthy palette of natural materials.
The architecture created is a vehicle through which the powerful forms of the landscape craft a powerful experience of place. It is a respite from urban life, designed to bring one back to the basics: a love of family, land, food, and of course, wine.

The Yountville Residence was designed to accommodate three family generations coming together over food, wine, outdoor living and the land. Located amongst continuous vineyards on the broad flood plain of the Napa River, creating a strong sense of place was foremost. Rich in a culture of wine making and production from the land, the site demanded a design solution that honored its history and elevated the experience of the land.
The house pays homage to its context by creating a reimagined agrarian compound. Conceived as a family of smaller buildings, the architecture comes together around a shaded patio and pool. The kitchen, dining, and living spaces all flow onto the shaded outdoor patio and gardens. Low-sloped gable roofs evoke the agricultural history of the region and echo the gentle slope of the foothills beyond.
The home remains understated – quietly drawing one’s attention back to the magnificent natural features of the landscape. Gently pulled back into the heart of the serene vineyards, it is carefully oriented with Stag’s Leap at the foot of the Vaca Mountains to the East and the Mayacamas Range to the West. Scenic views continue uninterrupted through the home. Large window walls slide open and pocket on either side of the house, connecting the family to the outdoors and building a personal experience of place on the Valley floor.
“If we can enrich people’s lives, and just maybe inspire them to do something beyond what they might otherwise have done, that brings us great satisfaction.” – Stan Field, fA Principal
The connection of the architecture to the land goes beyond its visual connectivity. The design sensitively responds to land and place by recognizing key passive cooling and natural daylighting strategies present on the site. Broad overhanging roofs and the large slide away doors capture prevailing breezes up the valley. The patio, which is pulled close into a recessed cut-out in the main living space of the house, allows summer breezes across the pool to cool the house. Expansive windows and a narrow cross-section allow natural daylight to penetrate deep into the spaces and illuminate the rich and earthy palette of natural materials.
The architecture created is a vehicle through which the powerful forms of the landscape craft a powerful experience of place. It is a respite from urban life, designed to bring one back to the basics: a love of family, land, food, and of course, wine.

The Yountville Residence was designed to accommodate three family generations coming together over food, wine, outdoor living and the land. Located amongst continuous vineyards on the broad flood plain of the Napa River, creating a strong sense of place was foremost. Rich in a culture of wine making and production from the land, the site demanded a design solution that honored its history and elevated the experience of the land.
The house pays homage to its context by creating a reimagined agrarian compound. Conceived as a family of smaller buildings, the architecture comes together around a shaded patio and pool. The kitchen, dining, and living spaces all flow onto the shaded outdoor patio and gardens. Low-sloped gable roofs evoke the agricultural history of the region and echo the gentle slope of the foothills beyond.
The home remains understated – quietly drawing one’s attention back to the magnificent natural features of the landscape. Gently pulled back into the heart of the serene vineyards, it is carefully oriented with Stag’s Leap at the foot of the Vaca Mountains to the East and the Mayacamas Range to the West. Scenic views continue uninterrupted through the home. Large window walls slide open and pocket on either side of the house, connecting the family to the outdoors and building a personal experience of place on the Valley floor.
“If we can enrich people’s lives, and just maybe inspire them to do something beyond what they might otherwise have done, that brings us great satisfaction.” – Stan Field, fA Principal
The connection of the architecture to the land goes beyond its visual connectivity. The design sensitively responds to land and place by recognizing key passive cooling and natural daylighting strategies present on the site. Broad overhanging roofs and the large slide away doors capture prevailing breezes up the valley. The patio, which is pulled close into a recessed cut-out in the main living space of the house, allows summer breezes across the pool to cool the house. Expansive windows and a narrow cross-section allow natural daylight to penetrate deep into the spaces and illuminate the rich and earthy palette of natural materials.
The architecture created is a vehicle through which the powerful forms of the landscape craft a powerful experience of place. It is a respite from urban life, designed to bring one back to the basics: a love of family, land, food, and of course, wine.

The Yountville Residence was designed to accommodate three family generations coming together over food, wine, outdoor living and the land. Located amongst continuous vineyards on the broad flood plain of the Napa River, creating a strong sense of place was foremost. Rich in a culture of wine making and production from the land, the site demanded a design solution that honored its history and elevated the experience of the land.
The house pays homage to its context by creating a reimagined agrarian compound. Conceived as a family of smaller buildings, the architecture comes together around a shaded patio and pool. The kitchen, dining, and living spaces all flow onto the shaded outdoor patio and gardens. Low-sloped gable roofs evoke the agricultural history of the region and echo the gentle slope of the foothills beyond.
The home remains understated – quietly drawing one’s attention back to the magnificent natural features of the landscape. Gently pulled back into the heart of the serene vineyards, it is carefully oriented with Stag’s Leap at the foot of the Vaca Mountains to the East and the Mayacamas Range to the West. Scenic views continue uninterrupted through the home. Large window walls slide open and pocket on either side of the house, connecting the family to the outdoors and building a personal experience of place on the Valley floor.
“If we can enrich people’s lives, and just maybe inspire them to do something beyond what they might otherwise have done, that brings us great satisfaction.” – Stan Field, fA Principal
The connection of the architecture to the land goes beyond its visual connectivity. The design sensitively responds to land and place by recognizing key passive cooling and natural daylighting strategies present on the site. Broad overhanging roofs and the large slide away doors capture prevailing breezes up the valley. The patio, which is pulled close into a recessed cut-out in the main living space of the house, allows summer breezes across the pool to cool the house. Expansive windows and a narrow cross-section allow natural daylight to penetrate deep into the spaces and illuminate the rich and earthy palette of natural materials.
The architecture created is a vehicle through which the powerful forms of the landscape craft a powerful experience of place. It is a respite from urban life, designed to bring one back to the basics: a love of family, land, food, and of course, wine.

The Yountville Residence was designed to accommodate three family generations coming together over food, wine, outdoor living and the land. Located amongst continuous vineyards on the broad flood plain of the Napa River, creating a strong sense of place was foremost. Rich in a culture of wine making and production from the land, the site demanded a design solution that honored its history and elevated the experience of the land.
The house pays homage to its context by creating a reimagined agrarian compound. Conceived as a family of smaller buildings, the architecture comes together around a shaded patio and pool. The kitchen, dining, and living spaces all flow onto the shaded outdoor patio and gardens. Low-sloped gable roofs evoke the agricultural history of the region and echo the gentle slope of the foothills beyond.
The home remains understated – quietly drawing one’s attention back to the magnificent natural features of the landscape. Gently pulled back into the heart of the serene vineyards, it is carefully oriented with Stag’s Leap at the foot of the Vaca Mountains to the East and the Mayacamas Range to the West. Scenic views continue uninterrupted through the home. Large window walls slide open and pocket on either side of the house, connecting the family to the outdoors and building a personal experience of place on the Valley floor.
“If we can enrich people’s lives, and just maybe inspire them to do something beyond what they might otherwise have done, that brings us great satisfaction.” – Stan Field, fA Principal
The connection of the architecture to the land goes beyond its visual connectivity. The design sensitively responds to land and place by recognizing key passive cooling and natural daylighting strategies present on the site. Broad overhanging roofs and the large slide away doors capture prevailing breezes up the valley. The patio, which is pulled close into a recessed cut-out in the main living space of the house, allows summer breezes across the pool to cool the house. Expansive windows and a narrow cross-section allow natural daylight to penetrate deep into the spaces and illuminate the rich and earthy palette of natural materials.
The architecture created is a vehicle through which the powerful forms of the landscape craft a powerful experience of place. It is a respite from urban life, designed to bring one back to the basics: a love of family, land, food, and of course, wine.

Sponsored
Columbus, OH
Hope Restoration & General Contracting
Columbus Design-Build, Kitchen & Bath Remodeling, Historic Renovations

The Yountville Residence was designed to accommodate three family generations coming together over food, wine, outdoor living and the land. Located amongst continuous vineyards on the broad flood plain of the Napa River, creating a strong sense of place was foremost. Rich in a culture of wine making and production from the land, the site demanded a design solution that honored its history and elevated the experience of the land.
The house pays homage to its context by creating a reimagined agrarian compound. Conceived as a family of smaller buildings, the architecture comes together around a shaded patio and pool. The kitchen, dining, and living spaces all flow onto the shaded outdoor patio and gardens. Low-sloped gable roofs evoke the agricultural history of the region and echo the gentle slope of the foothills beyond.
The home remains understated – quietly drawing one’s attention back to the magnificent natural features of the landscape. Gently pulled back into the heart of the serene vineyards, it is carefully oriented with Stag’s Leap at the foot of the Vaca Mountains to the East and the Mayacamas Range to the West. Scenic views continue uninterrupted through the home. Large window walls slide open and pocket on either side of the house, connecting the family to the outdoors and building a personal experience of place on the Valley floor.
“If we can enrich people’s lives, and just maybe inspire them to do something beyond what they might otherwise have done, that brings us great satisfaction.” – Stan Field, fA Principal
The connection of the architecture to the land goes beyond its visual connectivity. The design sensitively responds to land and place by recognizing key passive cooling and natural daylighting strategies present on the site. Broad overhanging roofs and the large slide away doors capture prevailing breezes up the valley. The patio, which is pulled close into a recessed cut-out in the main living space of the house, allows summer breezes across the pool to cool the house. Expansive windows and a narrow cross-section allow natural daylight to penetrate deep into the spaces and illuminate the rich and earthy palette of natural materials.
The architecture created is a vehicle through which the powerful forms of the landscape craft a powerful experience of place. It is a respite from urban life, designed to bring one back to the basics: a love of family, land, food, and of course, wine.

The Yountville Residence was designed to accommodate three family generations coming together over food, wine, outdoor living and the land. Located amongst continuous vineyards on the broad flood plain of the Napa River, creating a strong sense of place was foremost. Rich in a culture of wine making and production from the land, the site demanded a design solution that honored its history and elevated the experience of the land.
The house pays homage to its context by creating a reimagined agrarian compound. Conceived as a family of smaller buildings, the architecture comes together around a shaded patio and pool. The kitchen, dining, and living spaces all flow onto the shaded outdoor patio and gardens. Low-sloped gable roofs evoke the agricultural history of the region and echo the gentle slope of the foothills beyond.
The home remains understated – quietly drawing one’s attention back to the magnificent natural features of the landscape. Gently pulled back into the heart of the serene vineyards, it is carefully oriented with Stag’s Leap at the foot of the Vaca Mountains to the East and the Mayacamas Range to the West. Scenic views continue uninterrupted through the home. Large window walls slide open and pocket on either side of the house, connecting the family to the outdoors and building a personal experience of place on the Valley floor.
“If we can enrich people’s lives, and just maybe inspire them to do something beyond what they might otherwise have done, that brings us great satisfaction.” – Stan Field, fA Principal
The connection of the architecture to the land goes beyond its visual connectivity. The design sensitively responds to land and place by recognizing key passive cooling and natural daylighting strategies present on the site. Broad overhanging roofs and the large slide away doors capture prevailing breezes up the valley. The patio, which is pulled close into a recessed cut-out in the main living space of the house, allows summer breezes across the pool to cool the house. Expansive windows and a narrow cross-section allow natural daylight to penetrate deep into the spaces and illuminate the rich and earthy palette of natural materials.
The architecture created is a vehicle through which the powerful forms of the landscape craft a powerful experience of place. It is a respite from urban life, designed to bring one back to the basics: a love of family, land, food, and of course, wine.

With 2 full sized windows this bathroom has lots of natural light. The soaking tub is modern, but the vanity is traditional.
Freestanding bathtub - large traditional master white tile and mosaic tile marble floor and white floor freestanding bathtub idea in St Louis with furniture-like cabinets, gray cabinets, a two-piece toilet, blue walls, an undermount sink, marble countertops, a hinged shower door and white countertops
Freestanding bathtub - large traditional master white tile and mosaic tile marble floor and white floor freestanding bathtub idea in St Louis with furniture-like cabinets, gray cabinets, a two-piece toilet, blue walls, an undermount sink, marble countertops, a hinged shower door and white countertops

The Pros and Cons of Fix and Flip Real Estate Investment
Last week, we covered The Pros and Cons of Buy and Hold Real Estate Investment for rental property investors. This week, we want to talk about the other most common type of real estate investment: “fix and flip.”
The Appeal of House Flipping
We all love the house flipping shows on HGTV and other reality channels. They’re great and they make the prospect of buying, renovating and flipping homes for big profits seem super sexy and fun. However, any experienced real estate investor will tell you it’s not quite as easy as they make it look. There’s a lot of work that goes into a successful fix and flip investment.
The basic premise of a fix and flip investment is pretty simple. You buy a property, usually one that needs some work and is available at a great price. You renovate the property, making the necessary repairs and upgrades to maximize its resale value. Then, you sell the property on the open market for the highest possible price. You get in and out as quickly as possible. Full-time flippers will move from property to property or will have multiple properties being worked on at the same time. Rather than the “buy and hold” strategy where you keep the house while earning rental income and equity over time, you are looking for the quick sale to earn your profits.
If you are going to explore house flipping—whether as a full-time career or just a side hustle—you will want to know exactly what you are getting into. That is why we are going to cover the pros and cons of fix and flip real estate investment in this article.
The Pros of Fix and Flip
Here are some of the pros of fix and flip investing:
Faster Return on Investment—The biggest appeal of fix and flip investing is that it gives you a quicker return on investment. Buy and hold will take you longer to see your ROI. House flipping allows you to see your full profit (hopefully) as soon as the house sells. The average house flip for an experienced investor is around six months. It may take longer for a first-timer who is just learning how to do certain things.
Fairly Safe Investment—As long as you do all your projections and calculations carefully and avoid any major problems along the way, house flipping is a relatively safe investment strategy compared to something as turbulent as the stock market. Real estate markets are generally predictable and the short time frame of a flip helps you avoid losses if the property happens to depreciate over a longer period of time.
Exciting—There is a reason why there are so many reality shows based around flipping and none based on buy and hold investing. It’s an exciting process to buy a home, gut it and completely renovate it. Then, you get the ultimate reward of selling it and collecting the profits—as long as you do things right.
The Cons of Fix and Flip
Here are some of the cons of fix and flip investing:
Upfront Expenses—A house flip will require a lot of upfront expenses. We’re not only talking about financing the house itself, but all the renovation costs and other expenses involved in the flip. You are laying out all that money at the beginning and only seeing your returns when the property sells. This can create cash flow issues and stress if you fall being schedule or go above your initial budget.
Taxes—House flips will usually create dramatic swings in income year over year, and that can increase your tax bill. You have to pace things correctly to take advantage of specific capital gains tax rules. Capital gains taxes are higher on any property owned less than a year, so you have to find that balance of how long you own any specific investment properties and how long it takes to complete the renovation and sale. Before you get too deep into fix and flip investing, you will want to talk with your tax advisor to make sure you have the right plan in place.
Surprises—All real estate investment is susceptible to surprises. You don’t always know what lies behind the walls until you start the renovation process. You cannot plan for everything as a real estate investor, but you have to be prepared for anything. It is a good idea to add some wiggle room in your budget and overestimate your renovation expenses/timeline to cover any surprises that may come up.
These are some of the biggest pros and cons of fix and flip real estate investment. Of course, there are other things you need to know as an investor, so be sure and do your homework in order to get the most out of your investment portfolio. Both fix and flip and buy and hold strategies can be highly lucrative if you do things right. There are no wrong answers, but there are wrong ways of doing things if you truly want to be successful in this field.
If you are looking for great investment properties to fix and flip, join the exclusive PropertyLark home buyers’ network. If you qualify, you’ll have access to our exclusive off-market deals and analytics tools that will help you identify the best investments and get the highest possible ROI. Fill out the contact form and questionnaire on the PropertyLark buyer’s site to apply!

Great glass scallop tile detail. This tile is bordered by slabs of white marble.
Bathroom - modern bathroom idea in Miami
Bathroom - modern bathroom idea in Miami

This bedroom and full bathroom are part of an adventuresome project my wife and I embarked upon to create a complete apartment in the basement of our townhouse. We designed a floor plan that creatively and efficiently used all of the 385-square-foot-space, without sacrificing beauty, comfort or function – and all without breaking the bank! To maximize our budget, we did the work ourselves and added everything from thrift store finds to DIY wall art to bring it all together.
A partial double closet bar adds a little extra space while still leaving room for longer hanging clothes.
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