Purchase price: $135,000 Cash invested: $50,000 Sale price: $293,000 Living flip working full time job-full kitchen remodel-replaced all plumbing-new duct work with insulation-relocate and redesign fireplace-full 1st bath remodel-add 2nd full luxury bath (double shower, bidet, radiant heat)-convert sun room to 4th bedroom with radiant heat flooring-replaced all windows-upscale woodwork inside-repaint whole house inside and outside First 4 years forced equity and another 4 years market bring us another surprise with icing on the cake (market going up).

Purchase price: $135,000 Cash invested: $50,000 Sale price: $293,000 Living flip working full time job-full kitchen remodel-replaced all plumbing-new duct work with insulation-relocate and redesign fireplace-full 1st bath remodel-add 2nd full luxury bath (double shower, bidet, radiant heat)-convert sun room to 4th bedroom with radiant heat flooring-replaced all windows-upscale woodwork inside-repaint whole house inside and outside First 4 years forced equity and another 4 years market bring us another surprise with icing on the cake (market going up) Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Do you remodel before you sell?

I have experience with home remodels and feel confident I can use my cash for any cosmetic repairs. 

well After the Signing I called my dad and told him to meet us up at the new place and bring a slag hammer and a crowbar... we went to work and in 2 months time we remodeled the entire kitchen,we had to remodel the closest in both rooms we did tile on the floor, paint inside and out, and new appliances.

. -$420K duplex in South Austin with $231K loan balance, cash flow $800/mo acquired in 2017 (originally HML but refi to investment loan) which I did an extensive remodel inside and out.

The greatest opportunity looks to be value add investments and BRRRR strategy because you can get into the deals fairly cheap and labor is cheap to remodel.

The details:Total of 7 beds, 4 baths divided into 3 units in Steamboat Springs, COPurchased off MLS for $695,000, 25% down.Approximate remodel & Setup Cost: $200,000Total Cost of project upfront: $373,750  Traditional Mortgage acquired.

The ADW I remodeled on my property is nearly complete, and I am already getting enquiries for 1-year rentals, while my initial thought was to furnish and manage on AirBnB (I was prepared to put in the work).Now, seeing that the market for a "tiny" house like the one I built is probably $100-150 a night in the touristy area where I live, would you rather... take $1200-1500 long term rent, or go the short term route?

In general I believe it depends on *your* specific objectives and precise metrics: ROI/ yield, cash on hand, timeline, your time investment, skills you could leverage/ take advantage of (your strengths/ level of experience / skills to add value at each step e.g, hands-on remodeling vs. hiring a team), etc.