Updated about 7 years ago on . Most recent reply
Rehabbing Homes For The Highest Profit
2 Replies
- 04/03/19 10:00AM - 11:30AM America/New_York
- Cameron Real Estate Group Office, 20 delcarmine street wakefield, Massachusetts 01880
- Free
Disclaimer: BiggerPockets does not support or sponsor any meetups unless otherwise noted. Do your due diligence before attending any events. You may be agreeing to attend an event that includes promotion, pitching, or high-pressure sales tactics or techniques. Poster certifies that there will be no pitching of products or services at this event.
To register for the event, go to: https://www.meetup.com/turningagentsintoentreprene...
How you renovate a home makes all the difference.
Most people(incorrectly) think that the goal of a flip is to make the home as nice as possible. While this can be fun, it is typically not the most profitable.
There are many variables to consider that we will be discussing in detail inccluding:
1. What type of renovation the area warrants - each neighborhood is different and you don't want to over-renovate or under-renovate any specific area.
2. What the market is like - in a sellers market where prices are high, buyers may prefer a lower price with less of a renovation and when it is a buyer's market you may need to pull out all the stops.
3. What type of project you should do for a multi family - should you condo convert or leave it as a multi family - what is highest and best use
4. The different kinds of contractors that you should consider hiring - whether you hire a general contractor, sub out the job yourself, etc.
5. What type of work yields the highest return on investment(baths versus kitchens, exterior work, systems and more
Food will be served!
To register for the event, go to: https://www.meetup.com/turningagentsintoentrepreneurs/events/254214707/