House-Flipping Horror Stories That Will Make You Very, Very Afraid

wildpixel/iStock These days, it seems like everyone wants to make a fortune flipping houses—and it’s not hard to see why. Reality TV makes rehabbing look like a fun, quick, and easy route to big, big profits. Reality check: As any pro can tell you, this is not always the case. To set the record straight, we asked industry […]

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8 Things You Should Never Say to a Contractor

lolostock/iStock Ready to revamp your kitchen or finally add on that deck you’ve been dreaming about since last winter? Unless you’re going the do-it-yourself route, you’ll need a contractor—one with whom you can have a solid working relationship. You’ll need someone you can rely on, a good communicator who can keep your project on track. You’ll […]

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This $10 Historic House Can Be Yours—but There’s a Catch

realtor.com Historic homes designed by famous architects typically fetch a killing on the market, particularly if they’re in affluent neighborhoods. This is all the more reason why one such house in Montclair, NJ, designed by Dudley S. Van Antwerp has everyone talking due to its bargain-basement price: $10. You read that right: Ten. Whole. Dollars. So what’s the […]

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6 Costly Mistakes First-Time House Flippers Make

MATJAZ SLANIC/iStock When you’re flipping a house, time is money. And you don’t have time to make a lot of rookie mistakes. That’s what Steve Cederquist learned when he first began renovating and flipping properties in 1994. “I bought a house with a bad foundation and lost $30,000 on the deal,” says Cederquist, a general […]

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What Is a Punch List? Something You Should Never Renovate Without

Hero Images/Getty Images No home renovation project ever comes together without a hitch, and that’s why it’s important to have a punch list. So what is a punch list? A punch list is essentially your final checklist of a contractor’s work to make sure everything you wanted was done—and done right. So if you want to guarantee that […]

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