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The freestanding Vanderbilt TV Stand is an elegant choice for your contemporary space, featuring a beautiful tempered glass stand to fit up to an 80” screen and components. It includes 2 doors, 2 full extension drawers, 2 open shelves, and the option for LED lighting around the stand. In your choice of White Gloss, Maple Cream-Off White, Nut Brown, and Black with Pro Touch. The unique paint is protected by the Microban Antibacterial Protection.

This pebble wall paper adds extreme interest to a small powder room. Light reflects off the metallic towel bar and the glassy stones.
Bathroom - modern bathroom idea in Burlington
Bathroom - modern bathroom idea in Burlington

Utility room - mid-sized contemporary white floor utility room idea in Baltimore with gray cabinets, white walls and a side-by-side washer/dryer
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Inspiration for a large traditional shade front yard driveway in Houston.
Inspiration for a large traditional shade front yard driveway in Houston.

Custom Surface Solutions (www.css-tile.com) - Owner Craig Thompson (512) 430-1215. This album shows a master bathroom roman tub to shower conversion. American Olean 9" x 12" ceramic travertine tile installed on offset pattern on walls plus two accent bands. Ceramic travertine mosaic shower floor tile. Marble corner shelves. 18" x 18" porcelain travertine floor tile.

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!

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Delaware, OH
Buckeye Basements, Inc.
Central Ohio's Basement Finishing ExpertsBest Of Houzz '13-'21

White River granite, Honed marble granite
Example of a classic kitchen design in New Orleans
Example of a classic kitchen design in New Orleans

Linnea pulls add a modern finish to the white shaker kitchen cabinets, giving the style a contemporary and current feel at the open living and dining space

Rustic White Photography
Mid-sized elegant concrete floor wet bar photo in Atlanta with raised-panel cabinets, medium tone wood cabinets, glass countertops and mirror backsplash
Mid-sized elegant concrete floor wet bar photo in Atlanta with raised-panel cabinets, medium tone wood cabinets, glass countertops and mirror backsplash

Photo Credit: Susie Kuc
Contractor : Chagnon Building & Remodeling
Example of an eclectic galley eat-in kitchen design in Boston with an undermount sink, shaker cabinets, medium tone wood cabinets, quartz countertops and stainless steel appliances
Example of an eclectic galley eat-in kitchen design in Boston with an undermount sink, shaker cabinets, medium tone wood cabinets, quartz countertops and stainless steel appliances

Client: Private Residence In Knightsbridge
Brief: To supply & install Marmoleum Granada to premises
Inspiration for a contemporary living room remodel in London
Inspiration for a contemporary living room remodel in London

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Columbus, OH
Trish Takacs Design
Award Winning & Highly Skilled Kitchen & Bath Designer in Columbus

Sliding shower door - master porcelain tile porcelain tile sliding shower door idea in DC Metro with a one-piece toilet, an undermount sink and quartz countertops

Concrete Countertop with rock face edge, one of our most popular. Solid pigmented base colors with acid staining for effect. Small amount of recycled glass mixed in.

For this project we added 300 sqft to an undersized Master Bedroom by building a single story Addition. Arched top winds by Simonton give this project a decorative accent in this compact addition. We built a trey ceiling on the interior with 4" recessed LED lights. We used rounded drywall corners on all outside corners as well as the window arches. Homeowners are now very satisfied with their new appropriately sized Master Bedroom Suite.

White fantasy corner shelves.
Photo; Christopher Dearborn, New Frontiers Design
Corner shower - traditional master corner shower idea in New York with shaker cabinets, dark wood cabinets, a one-piece toilet and gray walls
Corner shower - traditional master corner shower idea in New York with shaker cabinets, dark wood cabinets, a one-piece toilet and gray walls

Powder room floor tile with custom tile vent
Inspiration for a small contemporary bathroom remodel in Toronto
Inspiration for a small contemporary bathroom remodel in Toronto

This is an example of a mid-sized modern backyard stamped concrete landscaping in Toronto.

While the lighting of this bathroom is a bit aggressive in the photo, this Atlas Concorde Dune White 3D wave tiles gives a calming feeling while you enjoy your shower!
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