5 Quick Tips For Maximizing Your Rehab Results

Dated: 12/16/2013

Views: 951

Every potential real estate investor dreams of becoming a rehabbing guru. Television shows make it seem way too easy. Authors break it down into manageable blocks, but the truth be told, rehabbing can make or break the new-be investor. Without a solid plan and an understanding of the numbers the situation can get out of hand real fast.

These 5 quick tips offer you the best shot of avoiding the red ink on your balance sheet.
  1. Find the right contractor
  2. Correctly estimate the repair costs
  3. Correctly estimate the ARV (After Repair Value)
  4. Stay within your established budget
  5. Find the right buyer or renter.
While these 5 tips see simple they are extremely hard to accomplish without a solid game plan. Read more at http://blog.richdadeducation.com/2013/05/03/home-rehabilitation/
Ready to try your hand at investing? Take the first step and search for your diamond in the rough at www.rgpadgett.com
 

Latest Blog Posts

Stress Free Moving Tips

How often are you dealing with families or clients who are moving or about to move?According to the U.S. Census Bureau, about 40 million Americans—one in nine people—move each year. While

Read More

10 Design Ideas To Revive Your Outdated Listings In 2018

Here is a great article to share with long term home owners who need a gentle prodding for refinementBringing fresh design tips to sellers will only increase the valuable service you offer...Most

Read More

Moving Up To Your Dream Home Dont Wait

How often have you chatted with a potential buyer or seller who thinks if they wait it will be easier???Mortgage interest rates have risen by more than half of a point since the beginning of the,

Read More

What If I Wait Until Next Year To Buy A Home

We recently shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have remained historically low which has allowed many buyers

Read More