Despite what has become common thinking, making a profit from foreclosure and short sale properties is far from being ‘easy money’, but if you know what you are doing, it is possible to get a good deal on a house, clean it up, and sell it for a good return on investment.

Depending on the type of purchase and the circumstances surrounding the property and how it came to be available either a foreclosure or short sale, there can be extensive repairs that need to be done. Of course, prior to purchasing a property, you will have done your due diligence; it’s important to note, if there is damage, whether the damage is structural or cosmetic. Cosmetic damage is common, whether it’s holes in the drywall or a need for a coat of paint.

However, the best type of property is what some investors might call an ‘ugly’ property, especially if the surrounding neighborhood is nice. If you can secure a property that would look vastly improved with a new kitchen or something similar, this is one of the places that can really be a smoother flip. By contracting a top re-modeler, such as the experts at www.kiernanremodeling.com, you can take a dreary home without much light or life and turn it into a dream home.

Amazingly, sometimes opening up a room with large windows will make a small, dingy house into a vibrant living space. Likewise, improving the kitchen can work wonders, where an old and dated kitchen can bring down the appeal of the entire house, but a shiny and modern new kitchen can do just the opposite.

Don’t forget to leverage the expertise of the re-modeler. Even if this isn’t your first home, re-modelers still see dozens of home improvement jobs in all kinds of situations. John at Kiernan Remodeling is ready to assist you with all the improvement ideas you might have. He will have options that you might not have considered, and working together, you will come up with something fantastic. One great question to pose is related to things such as counter tops, appliances and fixtures. By asking someone who sees new construction constantly what the latest trends are, you are able to make sure your house is up to par for potential buyers. You certainly want to put the home in the best possible light, after all, in order to sell the property quickly.