Value Add
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Renovation Mistakes That Kill Flip ROI (Avoid These) .
Avoid costly renovation mistakes that destroy your flip ROI. Learn which upgrades deliver 75-100% returns and how to finance renovation costs in Canada.
Renovation mistakes to avoid: over-improving for neighborhood, skipping inspections, DIY beyond skill level, ignoring permits. Focus on kitchen/bath (75-100% ROI), avoid luxury finishes. Budget 20% contingency. Use Purchase Plus Improvements financing. Follow 70% rule for flips. Hire licensed contractors for major work. Track all costs meticulously.
Scott Dillingham
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