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Updated about 11 years ago, 12/02/2013
Rehab Without Buying.
Thanks to the helpfull and creative mind of Bill Gulley I was turned on to the idea of helping a homeowner sell his/her home by offering to come in and make repairs and renovations to increase the value in turn bringing more money to the seller and realtor while making a small profit for yourself. Ofcourse a contract would need to be in place and most likely need to be licensed as a contractor.
Questions:
What are the risks involved?
What are ways to protect against the risks?
How would you calculate the retern?