If the first rule of success in flipping is to run your numbers accurately, the second — a close second — is to manage the job properly. And this is where a lot of rehabbers encounter challenges, as they coordinate with contractors and work to stay on...
One of the most hotly-debated topics among rehabbers is whether to tackle repairs on your own — the DIY route — versus hiring the work out. Or a hybrid approach that combines the two. The reason for “controversy” is because the decision...
When you walk around a potential fix and flip project, it’s just as important to take note of the floorplan as it is to notice any physical deficiencies. A house needs to have a comfortable and intuitive flow and the space needs to feel right for it to appeal to...
Whether you’re negotiating directly with a seller or via their agent, inspections are one area with wiggle room and one in which you can distinguish yourself from other buyers. It can be tempting to skip inspections altogether, not only for expediency’s...
If you are embarking upon a rehab project and already making a number of changes, how about considering Universal Design in your approach? In a building or house with universal design, the spaces are readily available and accessible to nearly everyone. Though it would...
Rental investments can be risky – especially if you don’t know how to properly screen your tenants. Evictions are messy and can take months or years; even if your tenant isn’t so bad you need to take drastic measures, less-than-ideal tenants can put a dent in...