For real estate investors, fix and flip projects can be very lucrative—but only if the numbers make sense. Too often, investors focus solely on the purchase price with obvious upgrades and potential resale value, overlooking hidden costs that can eat into their profit margins. Successful flippers understand that budgeting goes beyond just the cost of acquiring a property and required renovations.
If you're looking to maximize your returns, here’s a comprehensive look at the real cost of a fix and flip, with key expenses you need to account for before signing on the dotted line.