Are You Planning on Buying Your First House To Renovate?
Or Are You a Seasoned Real Estate Investor with a lot of Experience?
IF YOU ANSWERED YES TO EITHER QUESTION, KEEP READING. IT MIGHT BE THE
MOST IMPORTANT THING YOU HEAR TODAY.
The renovation part of any real estate deal is absolutely where profits are made or lost.
I have seen countless real estate investors do an amazing job of buying a house for a great price (deeply discounted) only to lose money when they sold it or rented it out.
Isn't that crazy?
HERE ARE THE MOST COMMON THINGS THAT GO WRONG:
BAD BUDGETING
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They overpay on the labor bid to rehab the house.
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They overpay on the materials to rehab the house.
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The contractor "change orders" them to death and doubles the labor cost
BAD CONTRACTORS
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They hire a bad contractor that doesn't finish the job.
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The contractor does terrible work and the house won't sell (or rent).
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The contractor places a lien against the house which stalls the sale.
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The contractor takes the start-up money and disappears.
BAD TIMING
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Their holding costs (due to running over the time budget) destroy the profits.
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The city puts a stop-work order on the house for not following procedures.
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The contractor takes twice as long (or longer) to finish the house.
Listen, I have done over 2000 rehab projects over my 14 plus years as a real estate investor. I've seen it all.
You have to protect yourself against bad contractors and arm yourself with the knowledge of how a rehab project should be done or YOU WILL BE TAKEN ADVANTAGE OF.
When you meet a contractor to bid a project he is feeling out your level of experience. If he feels he can pull a fast one he will.
You could do everything right and still lose money if you aren't armed with the knowledge I have learned in over 2000 rehab projects.
I have seen very smart, talented, experienced real estate investors lose $10,000, $20,000, $30,000, and more on ONE SINGLE PROJECT!
ARE YOU READY TO ARM YOURSELF WITH THE KNOWLEDGE THAT TOOK ME
14 YEARS AND OVER 2000 RENOVATION PROJECTS TO LEARN?
(and I learned the hard way)
WITH YOUR ORDER OF MY RENOVATION BUNDLE (A $838 VALUE)
YOU WILL GET THESE BONUS ITEMS INCLUDED FREE
The Renovation Manual E-Book
200 Pages, Valued at $497
My Renovation Estimator Software
Estimate Rehab Costs in Minutes, Valued at $179
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