Inexperienced fixers have trouble saying no! If you figure on spending $700 to paint the kitchen and replace the counter tops, do just that. Don’t replace the cabinets and flooring as an afterthought. If you decide on replacing the worn roof shingles on the street-side of the house because they look so ugly, that’s fine. But, don’t let your roofer sell you on the merits of doing the whole roof at one time because it’s cheaper while he’s there!

You must develop discipline if you intend to say within your budget and be profitable! Lots of folks can fix up houses if the money supply is unlimited – but it’s a whole different ball game if you insist on making money for doing it!