Investors must have fair and accurate comps to determine the after repair value (ARV). You’re actually dealing with two different processes here that blend together.
A Sample Rehab Timeline
The goal with every rehab is completing it as quickly as possible while keeping it on budget without compromising quality. Each project is different depending on the scope and magnitude of the project but with each project,
Fund That Flip flips rehabbing investment market on its head
A new investment platform called Fund That Flip is making waves by connecting qualified investors to vetted rehab projects, giving them the opportunity to invest in rehab loans on the most promising residential properties.
Real Estate Investors A Sample Rehab Timeline
The goal with every rehab is to complete it as quickly as possible while keeping it on budget and not compromising quality. Each project is different depending on the scope and magnitude of the project but with each project, you need a timeline for the order of completing each aspect of the rehab. Careful planning
How To Calculate Rehab Costs
Have you taken the time to accurately determine your real cost to acquire, rehab, and sell a project home? It’s incredibly important to do this so that you can determine the Maximum Allowable Offer (MAO) for an investment project. Your MAO is based on a formula you use to determine the profit you will make.
Understanding Your Rehab Target Area
It’s crucial you understand the different markets within a certain area. A good place to start is by breaking your market into six different price levels. What this refers to is the retail price within a certain area. Here are the different price levels you might consider: Price Level 1: under $100,000 Price Level 2:
7 Lessons I’ve Learned About Investing In Residential Real Estate
The best deals I’ve ever made were not to be found in the classified ads, on the MLS, or via other investors. The real deals are often masquerading as “no deal”, until you actually make an effort to look at the fundamentals…
Turn Key Real Estate Investing At A Glance
Are turn key rentals the right real estate investment for you? Turn key rentals have been rehabbed and have a qualified renter in place paying rent the day you take ownership. These also typically have a property management company in place to take care of the day-to-day operations and keep renters in the house. Turn
Incidental But Important Rehab Cost For Investors
I’ve previously written about how to estimate the rehab of a house. But there are other costs beyond the repairs and upgrades. You need to account for the permits for each phase of the project. You’ll need permits to install a new furnace or electrical panel or roof. These can add up so be sure