Rehabbing
Rehabbing by Richard Warren | December 8, 2008I’m on the final leg of my 2-1/2 week cruise of the Pacific Ocean. Here is another repost of an article on rehabbing. I’ll be back with a new post next week. The Most Dangerous Game: Rehabbing to Flip This week we will look at rehabbing with the intention of flipping. Of rehabbing for personal [...]
Blogs by Richard Warren | December 1, 2008I am now halfway through my 2-1/2 week vacation and currently in Hawaii. Here is another repost of a previous article on rehabbing. Rehabbing A Rental Property Last week we discussed rehabbing a home for personal use, this week we will explore rehabbing for the purpose of renting. Of the three main types of rehab, [...]
Rehabbing by Richard Warren | November 24, 2008I am curenlty sailing the Pacific on a 2 1/2 week cruise (yes, this is a great business). Rather than skipping my weekly posts, I thought I would share a previous article on getting started in rehab real estate investing. And you thought re-runs only happened on TV! Getting Started In Rehab Real Estate You [...]
Blogs by Richard Warren | August 18, 2008It’s 10am, do you know where your building inspector is? You certainly know where he isn’t, he isn’t approving the most recent work so that you can move on with your project. Your inspection was scheduled for first thing in the morning and the inspector finally shows up near the end of the day. On [...]
Blogs by Richard Warren | August 11, 2008I made my first foray into small town real estate back in 2005. Having been used to large suburban markets, I soon discovered that this was a different animal. Many large markets had run amok with rampant speculation that was driving real estate prices into the stratosphere and I wanted no part of the risk [...]
Real Estate Interviews by Joshua Dorkin | March 21, 2008We certainly have not been focusing on our investor interviews lately and we’re making a concerted effort to change that. We’ll start with an interview with one of our active BiggerPockets contributors, Tom Cmunt. Tom has given much of his time to help fellow BP’ers through our forums and has become a staple in the [...]
Flipping Houses by Richard Warren | March 10, 2008You’ve been hunting for that perfect rehab deal like a Neanderthal stalking a mighty Mastodon. You’re sure you’ve found it. The after repair value and renovation costs will allow for a hefty profit. You should even be able to set a price that will result in a quick sale when the rehab is complete. There [...]
Commentary by Jim Watkins | February 11, 2008This past week I saw a thread on the forum boards where an investor asked if anyone had experienced any type of ghost in any of the properties they have been involved in. There was a fair amount of sarcastic answers which I thought were pretty funny and there were a few answers that were [...]
Rehabbing by Connie Brzowski | January 13, 2008You don’t need the construction skills of Bob Vila to be a rehab professional, yet it’s no secret you can save if you do some of the work yourself. As a general rule, estimates from contractors in our area run 1/3 for materials and 2/3′s for labor. So theoretically, we save 66% by doing the [...]
Flipping Houses by Richard Warren | January 8, 2008Who hasn’t dreamed of buying a run-down house and fixing it up? For most it remains a fantasy as very few people actually pursue the idea. Of the few people who do make the attempt many fail miserably. Finding a house that needs to be rehabbed is easy; finding one that will allow you to [...]
Rehabbing by Connie Brzowski | December 29, 2007Rehabbing a house can be a nail-biting experience, particularly the first time around. Sometimes, nice readers over at my blog email asking advice about their latest rehab project. Generally, the questions involve finishing issues such as whether to paint or replace kitchen cabinets, or if carpet or wood floors work better in a rental. I [...]
Rehabbing by Richard Warren | December 18, 2007I had just acquired my second rehab project and I couldn’t wait to get started. Like the first, this was going to be my personal residence. It was a three bedroom ranch in a great area that I had acquired from HUD. Like many foreclosures it had been badly neglected and needed a fair amount [...]
Real Estate Law by Joshua M. Marks, Esq. | December 17, 2007In July 2006, Martin Korab hired Eric Rowland, a contractor, after seeing one of Mr. Korab’s advertisements under the name “Mercury Woods Carpentry” in the telephone book. Mr. Rowland gave Mr. Korab a written proposal along with a diagram detailing a bathroom renovation project, and accepted a deposit of $3,750.00 upon Mr. Korab signing the [...]
Commentary by Jim Watkins | December 16, 2007Last year, I bought a house, rehabbed it and finally sold it. When I got a contract to sell it, the experience I endured was simply gut-wrenching. I got “sand-bagged” just about every way possible until I fought back… And WON! Here is what happened… This house was the first house deal I had done [...]
Flipping Houses by Richard Warren | December 11, 2007What a rush, closing on that first rehab deal! Now it’s time to start making every mistake in the book, at least that’s how it was for me. On the surface it looked like a great deal. I had purchased a bank REO for about 60% of the market value after repairs. I had construction [...]
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Haunted Rehab?
by Jim Watkins | February 11, 2008This past week I saw a thread on the forum boards where an investor asked if anyone had experienced any type of ghost in any of the properties they have been involved in. There was a fair amount of sarcastic answers which I thought were pretty funny and there were a few answers that were [...]