http://s0.geograph.org.uk/photos/54/46/544668_a31d69ce.jpg For many people, their home is the largest purchase they are ever going to make. As well, the word one receives from most investment advisors is that a house is an asset. After all, a home's price tends to track inflation, and over the long term it is rare to lose money on a home you sell without being under any duress. But in the case of a fixer upper, you need to be well aware of what you are getting into first. Some people call it the property ladder. First you buy a small house, get it looking as great as it possibly can, and … [Read more...]