Rehab Property in Rancho Mirage - What Team Roles Do I need?
We are under contract for a house in Rancho Mirage. It’s an older Spanish style house with a huge yard. The foundation and space is great but the house and yard need upgrading to maximize rental income. My estimation is anywhere from 100k-300k (just a quick walk through and list of known things we are looking for). This will be my first rehab, my other properties were turnkey. I have a list of PM's i am interviewing for their services and to understand what i need to do in order to maximize rental income. At this point I think I would also need a contractor and a designer in order to build the vision and create a cost for the job. What else should I be doing in order to get this rehab under way as quickly, efficiently and cost effective as possible?