Another thing with sweat equity is does it make sense to instead just work harder or do overtime at your current job if you make a decent living instead of spending the time to do the sweat equity yourself?
My dad was decently paid in his profession and never did a lot of stuff around the house himself. Just do a week of overtime and that pretty much pays for any sweat equity you had to use time on.
Another point is why compete with folks who has the sweat equity? Focus on skills you have and let someone else go hog wild on these fixers…At least that’s what a lot of these buyers think.
Probably true for a lot of the dual income professionals you see buying in places like Scripps Ranch, Del Sur, 4S…
