Category: Rehabbing
“Cookie Cutter Rehabbing” Part 1 : Real Estate Investing Renovations
A great way to increase your efficiency and profit when doing rehabs is to Develop a Cookie Cutter Approach. This entails using the same repairs and upgrades in the same way for every house in a given area, price range, or exit strategy. Applying this strategy makes it easier to estimate costs, shop for materials, […]
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The Contractor Success Triangle : Real Estate Renovations
When getting started investing in 2003, I ran across two properties in dire need of repairs. I purchased both properties at the same time, and my personal creative real estate investing/rehabbing career was under way. I spent the next 3 months rehabbing these properties. I had renovated houses before but for other people. Even with […]
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Real Estate Renovations: Are You Driving Yourself Crazy Dealing with Contractors?
Oh the joy of dealing with contractors! Where to begin? Some experts might say, “They don’t call them ‘CON-tractors’ for nothing.” I would never say such harsh things about these wonderful hard working Americans, but I can see where this area of the business could be a little frustrating. Over the years, we have honed […]
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Real Estate Investing : Where the Heck is the Leak?
We finished renovating one of our houses about a month ago. I visited the house when we were wrapping up the punch list and having it cleaned. It was looking great! In the price range that we are in, most of the houses don’t have much of any upgrades and just have carpet and vinyl […]
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