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Updated about 11 years ago on . Most recent reply

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34
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5
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Gregory Montalto
  • Property Manager
  • Richmond, VA
5
Votes |
34
Posts

You have the keys. What do you do first w/ rehab property??

Gregory Montalto
  • Property Manager
  • Richmond, VA
Posted

Situation - You've just closed on a new property. It needs significant repair / renovation work. Your goal is to fix it up and have it rented or on the market as soon as possible.

What is the very first thing you do when you get inside the building, ready to get the work started?

Begin demo, start creating a punch list, pat yourself on the back with a celebratory cocktail? All of the above?

What else?

Describe your process when you first get the keys.

Most Popular Reply

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6,201
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4,343
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Dawn Anastasi
Pro Member
  • Rental Property Investor
  • Milwaukee, WI
4,343
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6,201
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Dawn Anastasi
Pro Member
  • Rental Property Investor
  • Milwaukee, WI
Replied

I change the locks. I don't know who else had a copy of the keys I was given.

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