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Is the rehab business for you?

Posted by RuyM on February 10, 2019
| 3 Comments

So I been writing and posting a lot about the topic of Real Estate Investing and the steps of buying and holding, as well as buying and flipping. So I wanted to switch it a bit and get into Rehabs….

Before you enter the rehab business, you must decide if its for you. Some people like being hands-on. Others are all about sub-contracting the work…

Determine whether getting involve in the rehab business is the most effective use of our time. I am the type of investor who enjoys the all ahns-on approach. It allows me to break my work between office and construction work. I also enjoy the craftmanship that comes with it.

You might be the investor who likes to hire a sub-contractor and not have to deal with the rehab part of it. Which does free up more time, to look for more deals…

You may decide to take on a partner who will handle the rehab business side while you take care of financing, searching and selling. Whichever way you choose, always be involved in managing the process. Trust on something, you cannot afford to fall behind your schedule or budget.

Most of your best deals, require intense rehab work. Rarely would you find a great deals, which requires no work. Many investors have had great success without having or getting involve in the rehab side of the business. However, I seen alot of them who have suffered great lost, because they didnt. Whether you intent to participate in the rehab or not, it is good practice to have at least basic knowledge in this area.

Dont be afraid to get your hands durty, sinc sometimes this can get you bigger profits.

Good luck!

3 thoughts on “Is the rehab business for you?

  • on February 26, 2019

    Currently it looks like Movable Type is the preferred blogging platform
    out there right now. (from what I’ve read) Is that what
    you’re using on your blog?

    • on March 15, 2019

      No. I use WordPress. Find it very easy to use, but a powerful platform.

  • Why visitors still use to read news papers when in this technological
    globe the whole thing is existing on net?

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