What are some improvements to avoid on a fixer-upper for resale?

What are some improvements to avoid on a fixer-upper for resale?

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...

The best way to avoid the most common flipping mistake is overcapitalizing, is by doing your research. You really need to be going to all the open houses around the neighborhood. Find out what the other houses in your neighborhood have, so that you need to know what you need to have and also find out what they don't have so you can avoid having to spend money on things you don't need.