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Rehabbing is a great way to get bargain properties in great areas, fix 'em up and sell them at full market value. A word of caution though, you have to know what you are doing. There are many beginner investors, I meet them all the time, who have been burnt because they went and bought a house because it was cheap and need of repair, and didn't do their due diligence - was in in the right area?, did you use your buying formula MAO = (ARVx(65-80%))-repairs? to guarantee you won't get stung? how do you assess your repairs? Is your contractor ready to go ?( you weren't thinking of doing the work yourself were you ? ), how do you use other investors money, and never risk your own money or credit ?. I can be a minefield, but all it needs is a little knowledge, and you will walk all over your competition !
If you don't add rehabbing into you portfolio you are leaving a lot of cash on the table. The materials below are the last word in risk free rehabbing, check 'em out ! But don't stop there, get all manner of strategies for doing killer deals, sign up for my FREE 9 part e-course.
REHABBING:
How To Rehab UGLY Mobile Homes Fixer mobile homes mean you can buy them dirt cheap, fix them up and reap all the extra profit. Very rare information by people doing it.
A to Z Appraising
Learn what can be
wrong with a house so you can negotiate a lower price.
The Mega Money
Machine
Audio Cassette
Series
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by Robyn Thompson
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Home Getting Started Investing in Real Estate (Beginners) Getting Going Investing in Real Estate (Intermediate) Quantum Leap Investing in Real Estate (Advanced) 500+ FREE Articles Agreements Appraising Bird Dogging Books Buyers - Finding Contracts Foreclosure Incorporating Judgment Investing HUD Rehabbing Land Contracts Land Trusts Forms Short Sales Subject-To Software Lease-Options Notes Wrap-around mortgage
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