It’s important to protect yourself from contractors who may not be up front with you. They might tell you they’ve done jobs as big as yours (but haven’t) or underbid the job…
There’s various sources to talk to when trying to find fire damaged properties. Most importantly, you want to talk to those with reliable information about the property.
Kelly McDonald explains the differences between various types of appraisals. It’s important to look at how long you have to close, your expertise, and the level of rehab that was done.
So you’ve got the perfect property just waiting to be rehabbed and sold on the retail market. The only problem is, you don’t plan on doing the work yourself and don’t have…
While it varies from city to city, Blake provides ways to estimate how much a rehab will cost, including a way to get a rough estimate on the entire rehab by knowing…
The more detailed the better. In addition, it’s recommended to have blueprints and detailed scopes of work if you’re adding any square footage to the property. Make sure it’s clear what the…
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…