What the Flip? How a Fixer-Upper in Portland Brought in Big Profits

Flipping a house is a lot of work that can yield a big profit. But not every project is guaranteed to be lucrative. So what’s the key to successfully making over a fixer-upper and selling it for a gain? Our new series “What the Flip?” presents before and after photos to identify the smart construction and design decisions that ultimately helped make the house desirable to buyers.

You don’t have to be an HGTV aficionado to know what house flipping is. Essentially, you buy a house that’s past its prime, at a low cost, and then invest in some improvements before putting it back on the market at a higher price. If you do it right, you make back all the money you spent, plus a healthy profit.

But it’s not as easy as it sounds. Flippers have to be able to look at a house that’s seen better days

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Modest profits, social impact fuel investors’ plan for more downtown Indy homes

Social impact investors are aiming for an elusive middle ground in Center Township. 

‘This will become part of a neighborhood’: Vop Osili talks 16 Tech development on west side



They want to revive middle-income residential housing options with midsize profits for investors.

Full Circle Development aims to renovate or build 300 homes over five years and draw more homeowners back to the central part of town.

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Center Township’s residential population has dropped from 340,000 in 1950 to 140,000 in 2018. Scattered neighborhood comebacks have been encouraging — Fall Creek Place and Fountain Square are examples. Yet the township still has 6,000 vacant lots and few middle-income options. Older-home restorations tend to be too expensive for middle-income buyers.

a view of a city: Construction has just finished on this new three-level home at 818 Olive St. in Fountain Square.

© RC Fine Portraits
Construction has just finished on this new three-level home

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3 Secrets To Gaining Profits From Property Foreclosures

Property foreclosure is a legal process, which is undertaken by the lender when the borrower stops making loan repayments. The law enables lenders to recover their money, by allowing them the right to sell the assets, which are used as collateral by the borrowers. Instead of wallowing about losing your assets, you should look for ways to gain profits from property foreclosures. Here are some tricks to help you with this:

1. Bid At A Foreclosure Auction

One way to ensure that you don’t get the short end of the stick after losing your property to foreclosure, is by participating in the auction. While you will still have to shell out money to claim the property you originally owned, you won’t have to pay as much as you initially did. But remember, no information about the property is given other than its legal description. Also, you must pay cash, and … Read More