This statement is the truth. Don’t forgot those hidden items!

When you’re looking for a house to fix make sure you’re able to fix the house and it’s not a house that is unable to be worked upon. Do a proper inspection on the house and determine how much money could be needed. Don’t be stuck with a crooked house!

Add some fun to your house by creating a slide to get to the bottom floor of your house instead of using the stairs. Think of it as a investment as you will be not age by sliding down the stairs everyday.

Bed

Clock

Speakers

Laundry Basket

Bookshelf

Coat Rack

Wine Cellar

Bookshelf and Bike Rack

Clock

The Herculean Project of Rehabbing a House

Rehabbing a house can be daunting to someone doing it for the first time. To eliminate the feeling of intimidation, let’s tear down this massive piece of work into several smaller and manageable tasks.

Steps in Rehabbing a House

1. Assess the project and establish the specific jobs that needs to be done with your contractor. Ask your contractor for his ideas, then from there, set your final action plan on how to undertake the renovation project, particularly how to go about specific repairs. It is also in this stage when you decide whether or not to modify the basic layout of the house. To simplify things, have your contractor gather his own rehab team and discuss with them what has been agreed upon. It would be great to work with a… Read the rest

Quick Tips on How to Minimize and Control the Cost of a Rehab Project

Purchase the general construction materials and supplies for your contractors and have it delivered to the job site.  Instead of having your contractors spend their time looking for material, do it yourself if you can.  It’s amazing how long a simple trip to Home Depot can turn into.

Property Rehab Written Scope of Work

Always put the scope of work in writing with enough detail to avoid conflicts and “misunderstandings” during the rehab of the property.  It’ amazing how crystal clear your vision of the finished product is during the walk  through with the contractor and then how any questions come up in the middle of the rehab.  Questions such as, “Oh, you wanted that wall knocked down?” or “You wanted more than two kitchen… Read the rest

There are numerous opportunities in real estate investing, but you have to have a skilled eye at identifying them. Inexperienced investors pass up on great opportunities because they lack the know-how to spot the gold from the seemingly uninteresting properties. Discussed below are five ways you can profit from real estate.

Retailing – Buy, Fix, and Profit

Retailing, in three words, is buy, fix, profit. Many newbie investors enter the real estate trade using this strategy. I’m sure you already know all about this strategy. You buy handyman specials at great prices, rehab them, and sell them for profit. One costly mistake a handful of fledglings commit is underestimating the cost of repairs. Savvy rehabbers already have a network of contractors and a checklist of repairs to watch out for and their estimated costs. They do not rely on… Read the rest

House Fixing at its best in this series of unbelievable home repair projects.

I should have known better when the contractor from Good Ole’ Boy Engineering said, “We can Fix House to meet anyone’s budget! He wasn’t kidding.

Alternate ceiling fan connections.  Eliminates the need for for those expensive electricians.

Here’s what you can do with a little PVC pipe and a lot of couplings!

The ultimate in supply and return air efficiency!

Roof flashing not needed.  It must not rain in this part of the country.  Wait till you see the roof leak catch system installed in the attic.

Save money.  Just use use nail gun nails; they… Read the rest

The buy-fix-sell or rent out real estate investing strategy often fetches heftier returns than flipping because it entails a lot more work. This includes dealing with contractors who will be renovating your property. The profitability of your investment property partly depends on how the contractors execute their job since you will be spending a considerable sum of money for the project and because the quality of their work will dictate how much asking price or rental you can command from buyers or renters. That is why if you are new in this strategy, it is essential that you establish a good working relationship with some of them so that in your next rehab projects you know who to turn to. Of course, you would want to choose the competent and professional ones, those who are reliable and would not… Read the rest