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Updated about 3 years ago on . Most recent reply

User Stats

140
Posts
61
Votes
Jesse Rodriguez
  • Rental Property Investor
  • Los Angeles, CA
61
Votes |
140
Posts

First property renovation

Jesse Rodriguez
  • Rental Property Investor
  • Los Angeles, CA
Posted

Hi everyone,

I have my first property and began the renovation process. I am deferring to contractors for the job. The property is comestically distressed and needs a bevy touch up.

I’m really nervous because I keep asking myself, will all this money I put in be worth it? Will I actually get my money back from a cash out refinance? Am I spending too much? What if no one wants to rent out?

Has anyone else felt the same?

Most Popular Reply

User Stats

97
Posts
48
Votes
David Bain
  • Agent
  • Honolulu, HI
48
Votes |
97
Posts
David Bain
  • Agent
  • Honolulu, HI
Replied
Originally posted by @Jesse Rodriguez:

@David Bain Thank you! I’m trying to get over this mind battle with myself.

Super normal brother!  

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