Should I live in a fixer-upper while it's being improved?

Should I live in a fixer-upper while it's being improved?

Michael Corbett (Real Estate Expert) gives expert video advice on: What is a "fixer-upper" property?; How much work goes into selling a fixer-upper at a profit?; What are some common mistakes people make when buying fixer-uppers to develop? and more...

If you're going to live in your house while you're flipping it and renovating it and fixing it up - it's a challenge I'm going to warn you about. Yes of course you are saving money by living in the house, because you have to live somewhere, but you need to know how to do it properly and I always try to teach people it's about making sure you have a working bathroom, make sure that one of rooms is always sealed off. It is incredibly challenging and I've seen many relationships go down the toilet when the toilet goes out into the driveway. So if you are going to do it, be very careful and do a little research and read up on to it to find out all the ways to make it as simple and as comfortable as possible for yourself.