Flipping houses is one proven, successful way to work your way up the property ladder. The notion of buying a rundown home, renovating it to a sellable standard and putting it back on the market can not only make you a quick profit, but it can be extremely rewarding too.
But as with most things that can make you money, there are several risks involved - from unprecedented problems and hidden costs, to accidentally falling in love with the property that you intended to fix and flip. For couple Jo Lemos, 36, and Chris Gilheaney, 33, the latter was the case, after buying an 'ugly house' in Prestwich, Greater Manchester, with the aim to renovate and make a swift sale.
The pair spoke to us as part of our Where I Live series, where each week we hear from different homeowners across the north west to find out about their home buying journey, the costs involved and take a look at how they've made their house a home.
