Landlord’s Guide To Exterior Rehab Choices

Posted on: September 15, 2009

Categories: Fix, How To

Author: buyfixandprofit

Roof

A cheap and effective roofing rehab choice can be the use of roll roofing.  This choice is better suited for homes with steeply pitched roofs.  Instead of shingles, this roofing choice is rolled onto the roof and stapled in place.  This choice is cost effective and reliable if installed correctly.  Now it does not look as nice as a shingled roof, but we have not had any difficulty renting out homes because of this.  The appraisal was not effected either.

Another option is to add another layer of shingles to the roof depending on what the local building code allows.  If the roof is very old there is a good chance that the plywood will have to be replaced also.  Analyze the roof carefully because there is ~ $4,500 difference between a full tear off and replacement versus just… Read the rest

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How to Find a Contractor to Flip That House

Posted on: September 15, 2009

Categories: Fix, How To

Author: buyfixandprofit

Here is one piece of rehab advice before we get started.  It is your job to tell the contractor what needs to get fixed. Remember this is affordable housing not luxury living.  Even well intentioned contactors forget this sometimes, so you must remind them.

Real estate investment clubs

Real estate investment clubs are the ultimate source of leads for almost anything you need as a beginning investor.  Find the investors that are actively buying, fixing, and flipping properties and ask them for contactor referrals.  Don’t be shy, most rehabbers and foreclosure rehabbers will be more than willing to share their contacts.  In general, people love to help other people.  Investors and rehabbers attend these meetings to network and exchange ideas with others in the rehab business.  New investors can find answers and guidance to many of there newbie investor questions… Read the rest

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