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Updated about 11 years ago,
What is YOUR process for rehabbing/remodeling a house
Hello BP, I haven't posted in quite some time! I thought it would be interesting if we all shared what our rehabbing/remodeling process looks like. I am currently on my fourth investment property, my strategy is buy and hold. My rehabbing process is usually to go in and a large amount of the work myself. My last rehab took me almost a year because of this. On my new project I am looking for a good balance of keeping costs down while at the same time not killing myself by trying to do Everything. I have gotten quotes from general contractors, which would make it pretty much a hands off rehab for me, and I really like the idea of it being hands off. The problem is that the general contractors want way more money than I can justify. When I can get the house done for about 5k in materials and they want 20k to do the job I just can't bring myself to pay it.
I would love to hear what your remodeling process looks like, maybe I can get some ideas to find a happy medium!
-Brett