Fixer-Upper Myths Exposed

Fixer-Upper Reality Check

Flipping homes makes good TV but often disappoints in reality. This guide exposes common fixer-upper myths and explains the real costs, permits, and insurance considerations.

• The 50% rule: renovation cost estimates that are usually too optimistic
• Permit requirements: unpermitted work, compliance, and resale consequences
• Insurance implications: older homes, vacant homes, and coverage gaps
• Contractor costs: materials, labor, and timeline overruns to expect
• Capital gains tax implications of flipping homes in Florida
• When fixer-uppers actually make sense (and when they don't)