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Updated over 7 years ago on . Most recent reply

User Stats

97
Posts
50
Votes
Mike Watson
  • Investor
  • Provo, UT
50
Votes |
97
Posts

10 Types of Fixer Uppers That Don't Require Carpet and Paint!

Mike Watson
  • Investor
  • Provo, UT
Posted

I taught a class last week titled, "10 Types of Fixer Uppers That Don't Require Carpet and Paint!"  It went so well we are doing it again this week, but it got me wondering, what are your favorite and most profitable ways to fix up a property WITHOUT using carpet and paint rehab fix ups.  

Personally, I never felt good about trying to buy as low as possible, especially when sellers were struggling somehow in their lives and then attempting to profit by putting lipstick and paint on their pig.  I know other options exist for property procurement too for rehabs, but there is so much more out there.  Some of the fixer uppers I do are:

1.  Conversions

2.  Entitlements

3.  Subdivisions

4.  Use Changes

5.  Zone changes

6.  Income Changes

7.  Income Fixer Uppers

8.  Interest Rate Fixer Uppers

9.  Mortgage Fixer Uppers

10.  Capitalization Rate Fixers

What are some of your favorite ways to improve a property and it's value without carpet and paint?  

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