This project won in the 2013 Builders Association of Metropolitan Pittsburgh Housing Excellence Award for Best Urban Renewal Renovation Project. The glass bowl was made in the glass studio owned by the owner which is adjacent to the residence. The mirror is a repurposed window. The door is repurposed from a boarding house. George Mendel

Example of a mid-sized transitional freestanding desk dark wood floor and brown floor study room design in New York with beige walls and no fireplace

Latch hardware in upper cabinets.
Inspiration for a mid-sized craftsman u-shaped medium tone wood floor eat-in kitchen remodel in San Francisco with a single-bowl sink, shaker cabinets, white cabinets, quartz countertops, green backsplash, ceramic backsplash, stainless steel appliances and a peninsula

Powder room with glam geometric wallpaper complimented with a vessel sink rustic vanity with riveted hardware. Counter top is quartz Viatera - Truffle. Mirror framed wall mirror. Ryan Hainey

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!

Concrete can be made to look like any substance. Tile, stone, wood, brick, etc. With unlimited color options, Ky-Kan Coatings can transform any room in your home or business using lightweight, beautiful concrete.

We used: Custom cherry cabinetry in Arts & Crafts Shaker style by Kabinart in Boulder and Espresso stains. Liberty Hardware Venetian bronze 1-1/2" cabinet knobs. KitchenAid Architect II Series 22 CF counter-depth French door refrigerator. KitchenAid Architect Series II 27" convection single wall oven. KitchenAid 36" 6-burner dual fuel freestanding commercial-style range. KitchenAid Architect II Series 24" dishwasher. Sharp Insight Pro Series 24" built-in microwave drawer (Model #KB6524PS). Crystorama Solaris 12" wide pendant lights in English bronze. Granite countertops in Brown Fantasy. 3"x6" polished marble backsplash. Paint colors: Walls: Glidden Silver Cloud 30YY 63/024 Ceilings/Trims/Doors: Glidden Swan White GLC23 Robert B. Narod Photography

Patio - patio idea in DC Metro

Engineered cedar siding creates beautiful gray-blue tones at the exterior of the home, while adding a textural element to activate the simple exterior design.

This beautiful showcase home offers a blend of crisp, uncomplicated modern lines and a touch of farmhouse architectural details. The 5,100 square feet single level home with 5 bedrooms, 3 ½ baths with a large vaulted bonus room over the garage is delightfully welcoming.

For more photos of this project visit our website: https://wendyobrienid.com.

Two Birds Photography
Kids' room - transitional kids' room idea in Chicago

The grey trend has evolved in the last twelve months. Nowadays browns, beige and a touch of grey are in demand. Greige is the new buzzword. Heavier hand scraped or contoured products, the rage that started around 2005 has taken a back seat in most areas, while a softer wire brushed "ceruse effect" seen mostly on White Oak has been remarkably strong showing no effects of becoming “dated” like the others mentioned. Ceruse Color Possibilities There are numerous color combinations to the "cerused" process with the most popular being white or off white. This design trend in hardwood flooring can have darker gray white oak with a mild ceruse off white effect. There are limitless possibilities in either a prefinished hardwood floor or with what we can create for you in a custom on-site finished hardwood floor. If something suits your fancy, contact us and we can work on creating just the look and sense of style you are looking for.

This is an example of a mid-sized mid-century modern partial sun front yard concrete paver landscaping in Los Angeles for spring.

Staircase - mid-sized traditional wooden straight wood railing staircase idea in New York with painted risers

Home design - transitional home design idea in Wichita

Large country u-shaped medium tone wood floor kitchen photo in Milwaukee with white cabinets and a peninsula

Minimalist dark wood floor kitchen photo in San Francisco

Wood-look tile floor using porcelain plank tiles in a herringbone pattern.
Living room - traditional porcelain tile living room idea in Sacramento

Thamnochortus basks in coastal heat wave
Photo of a mediterranean drought-tolerant landscaping in San Luis Obispo.