> over-rehabbing

Let’s be honest. We’ve all seen an old house that is in serious need of rehabbing. Your mind starts wandering to all the work that needs to be done. Cabinets, flooring, paint, appliance, roofing, trim, and the list keeps growing. You see what the property “could be” if it had a complete rehab done. The…

> rehabbing

Show Summary Welcome to the FlipNerd.com Expert Interview Show Top 10 series, where we share our top 10 shows from 2017. In this episode, I interviewed Gina Michelle, who’s a high end rehabber with her husband Koko in Los Angeles. In fact, Gina and Koko have become dear friends of mine, and their rehabs are…

> coverage

Today’s REI Classroom Lesson As Tim Norris explains, when completing a rehab, you need to make sure your contractors have the right coverage. REI Classroom Summary If your contractors don’t have adequate coverage, claims will fall onto your coverage. Listen to this REI Classroom Lesson Real Estate Investing Classroom Show Transcripts: Mike: Welcome back to…

> rehabbing

The profits that a rehab project can bring in are most of the time much higher compared to other exit strategies like assignments and wholesale deals. With this higher profit comes higher risk and we don’t recommend diving into a heavy rehab project when you’re just starting out. We’ve selected the top 13 shows over…

> burnout

Burnouts are intimidating. A good amount of real estate investors shy away from them completely. Depending on the extent of the damage, it can be very costly to rehab and there’s so much unknown with what will be found in the property, a lot of investors don’t want that size of project or risk. For…

> rehab costs

Full rehab jobs, when finished, can bring in a substantial profit if you bought at the right price and calculated your rehab costs correctly. The last thing you want though is unexpected rehab costs that eat away at your profit margins! Sure, a few light bulbs here and some window screens there don’t break  the…