Why is it important not to over improve a house you are flipping?
It’s important not to over improve a house you are flipping because it can cause the cost of the renovation to exceed the potential increase in the home’s value. This can make it difficult to sell the house for a profit. Additionally, over improvement can also make the house less appealing to potential buyers in the target market for the property. It’s important to focus on making necessary repairs and improvements that will appeal to the majority of buyers in the area, rather than making expensive, high-end upgrades that may not be in demand.