Message Font: Serif | Sans-Serif
No. of Recommendations: 2
Hi: Unless you have lots of handson experience with house remodeling and want to invest your own "sweat equity" I would not recommend this as a profitable venture. Unless you can find a real Gem that is really undervalued your remodeling costs will almost always exceed your expectations.

I am a Rehabilitation Specialist with the City of New Orleans. With years of experience, we almost never find all the problems with a house by an initial inspection. We have had houses we were working on literally split apart and fall into the houses on either side. The potential liability is huge.

Be careful.

Print the post  


Live Video Event Monday!
The GP team is hosting a live video event on Monday at 4 p.m. ET. Don't worry if you can't make it — we'll have a replay and a transcript. Click for more!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.