Square footage, age of the property, age of the sale, and the proximity of the comp to the property are all factors that need to similar in order for it to be…
Choose improvements that can easily be seen and make sense for the property. If you over improve a property, you risk not seeing it in your profit/appraisal (and the opposite with under…
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,...
From simple window screens to broken sewer lines, there’s a list of items that are commonly missed when creating a bid for a rehab project that will add to your cost.
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…
Admit it. You’ve watched the HGTV shows on flipping houses. We all have. You see some of the ugliest houses with layers and layers of filth turn into immaculate properties that any…
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…
Doug goes over what to include in the appraiser packet, starting with a cover letter and before/after photos. By providing the appraiser with a list of improvements that were made, it can…
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…