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Rehab Your Way to Wealth: The Quick Way to Fixer-Upper Success
Completely rebuilding a house is not necessary to make money in investment real estate. Most times, if you have bought smart, you won't have to make a huge improvements on your investment property. Look for places that need only a small amount of work. For example, look for a property that appears to be run down from the outside, but does not need major repair. Here are a few tips for saving money and making quick improvements, in order to quickly sell your rehab property. 1. A house may need a coat of paint but have a nice roof. The paint might cost a few hundred dollars, while a new roof might cost $2,000 to 3,000. Plus, a fresh coat of paint makes almost any house look brand new. 2. Check the foundation very carefully. Foundation work is extremely expensive. I would stay away from any house with a questionable foundation. 3. Like exterior paint, landscaping goes very far in terms of curb appeal, one of the biggest factors in the sale of any kind of real estate. A house with uncut grass, weeds overrunning flowerbeds, and poorly trimmed bushes or trees is very difficult to sell. Conversely, a house with minor deficiencies in other areas may still have a buyer, who wants something that looks good from the outside. 4. Look for investment properties that have nice kitchens or kitchens that can become nice with little effort and money. If you can refinish some cabinets and lay some cheap flooring, this will help you sell, because women are instrumental in the final decision of most real estate purchases, and they love nice kitchens. It's not sexist; it's a proven real estate fact. 5. A finished basement or one that can be finished easily will also help you sell your new investment property. Basement carpet can be purchased and installed for very little money. Again, some paint on the walls can go a long way to making the basement homier. Add a drop ceiling - easy to install and very inexpensive, and you can have yourself a rec room for a few hundred dollars. Although these are not the only things that will improve your property, they are a few of the cheapest and easiest. Plus, these are improvements that will increase your investment property's value exponentially and make it easy to sell. Mark Barnes is an investment real estate and real estate finance expert. Get his free mortgage finance course at http://www.winningthemortgagegame.com. Mark is also the author of the new novel, The League, a shocking, sports-related conspiracy. Learn more about his suspense thriller at http://www.sportsnovels.com.
MORE RESOURCES: Fort Worth beats Dallas in real estate activity over the past decade, ranks 4th in US Fort Worth Star-Telegram The Downfall of a Real Estate Empire - The Journal. - WSJ Podcasts The Wall Street Journal Inside the real-life homes of 'Succession' — and how being on TV means millions for brokers New York Post Elon Musk warns house prices are set to plunge - and says commercial real estate is in meltdown Yahoo Finance Real Estate Transfers: 5-31-23 - Sent-trib Sentinel-Tribune Houston County real estate transfers May 22-25, 2023 Dothan Eagle Real Estate Transactions: May 22 - 26, 2023 Martha's Vineyard Times REIT Stocks Outperform Private Equity, Real Estate Historically Commercial Observer Miami Real Estate Bankrate.com Elon Musk Predicts Home Prices Will Crash Next, Tweeting Commercial Real Estate Is 'Melting Down Fast' GOBankingRates The Value of Hiring a Real Estate Professional Santa Barbara Independent ATTOM Webinar Summary: Unlocking the Power of Property Data ... ATTOM Data Solutions Real Estate Agent Sentenced to 20 Years in Prison for Conspiring to ... Department of Justice The Profit Potential of Auction Homes: A Comprehensive Guide for ... Robotics and Automation News U.S. faces potential real estate crisis CGTN America Warren real estate agent who conspired to sexually exploit children receives 20-year prison term The Macomb Daily China: Real estate crisis continues FXStreet Destination Medical Center hosts summit on Rochester real estate ... ABC 6 News KAAL TV San Diego software startup snags $93M to help commercial real ... The San Diego Union-Tribune How real estate is raising its data game Hospitality Net Nominations sought for Real Estate Hall of Fame Finance and Commerce Real Estate vs. Stocks: Which Has Higher Returns? U.S News & World Report Money Dentons Building Real Estate Bench Strength With New Partner in ... Law.com International The Top Real Estate Companies in New Jersey Real Estate Columbia real estate developer wins preservation awards columbiabusinessreport.com Green Real Estate Project Qlindo Debuts on MEXC Finbold - Finance in Bold Study finds real estate overvaluation across Florida The Capitolist Deciphering Commercial Real Estate Acronyms The Real Deal Real Estate Transfers: May 31, 2023 The Owensboro Times Hamptons Real Estate Market Data - Week of 5/23/2023 Hamptons.com 12 Midweek Must Reads for Real Estate Investors (May 31, 2023) Wealth Management Victor Calanog Leaves Moody's for Real Estate Role at Manulife Commercial Observer Commercial Real Estate Series WRAL TechWire A real estate mogul just listed his Miami mansion for a cool $54 million. Take a look - Miami Herald Real Estate Transactions, May 31 edition Hopkinton Independent Cross River Bank and Paymints.io Collaborate to Modernize Real Estate Transactions with Secure Payment Infrastructure Yahoo Finance Real Estate: Coronado Rents One of the Highest in the State ... Coronado Times Newspaper Guerneville: See how much real estate prices have changed in the ... - The Santa Rosa Press Democrat Guerneville: See how much real estate prices have changed in the ... The Santa Rosa Press Democrat Balitecture Announces Acceptance of XRP Crypto Payments For ... The Crypto Basic REAL ESTATE | Visible changes underway after Toucan Custard ... washingtoncountyinsider.com Lafayette Consolidated Government files lawsuit against real estate property KTVE - myarklamiss.com Texas won't limit real estate deals by those from China, other nations ... - Austin Business Journal Texas won't limit real estate deals by those from China, other nations ... Austin Business Journal What Is Escrow? Real Estate HOT PROPERTIES: Sumter property part of $80M transaction columbiabusinessreport.com Susquehanna Introduces Real Estate Major – Susquehanna ... Susquehanna University Real Estate 101: What to do when leads dry up Northwest Georgia News Yarmouth home reflects ongoing high prices for Maine real estate Bangor Daily News Inside Lewis Hamilton’s Global Real Estate Portfolio Architectural Digest Real Estate Upfronts Launch in Los Angeles, Giving a Private First Look at Upcoming Luxury Residences Hollywood Reporter Husband and Wife Real Estate Developers Arrested for Loan Fraud ... Department of Justice Would You Do Acupuncture to Win a Listing? This Real-Estate ... The Wall Street Journal FTC Suit Leads to $16.7 Million Judgment Against Principals and ... Federal Trade Commission News REAL ESTATE | Owner of Pedal Moraine buys building, 1421 S ... washingtoncountyinsider.com Billionaire Investor Says 'Sell Real Estate' Seeking Alpha |
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