I know … I’ve been there too. Completely inspired by Property Brothers, Income Property, and the handful of other good-looking people on HGTV, I’ve thought to myself I could do that, wait…and I could make $120,000 with one house?! Count me IN! I’ve been around the house flipping business for a few years now and have watched some really huge checks get cut, but I’ve also seen some serious cash and time invested for one or two thousand dollars. It’s hard to curb the home equity bug, but when you don’t have $300,000 to invest on a single home, get inspired to do the next best thing: build equity into your own home! It’s been a struggle in purchasing our first home, trying to balance realistic goals and inspired frenzy. But once I did the research, I was surprised to find that building equity into your home isn’t as fun, or as hard, as I initially thought. Be sure to check out what I found before tearing down walls and gutting the bathroom.
