Updated over 2 years ago on . Most recent reply
Marketing the property for sale during an incremental rehab
I currently have a property being marketing for an owner finance buyer at a fair as-is price. I am considering rehabbing it and raising the price as each piece is taken care of. On my list:
1. Roof leaks
2. Door, window, cabinet misalignments
3. Rodent infestation
4. Carpeting
5. Paint
6. Debris/sweep up
Each area would bump the price $4,000 or so if I were to split it evenly (total rehab from a contractor is $25,000).
Do you guys like or dislike this idea? I haven't heard of others doing it this way.
1. Roof leaks
2. Door, window, cabinet misalignments
3. Rodent infestation
4. Carpeting
5. Paint
6. Debris/sweep up
Each area would bump the price $4,000 or so if I were to split it evenly (total rehab from a contractor is $25,000).
Do you guys like or dislike this idea? I haven't heard of others doing it this way.