Rehabbing Journey Begins... Preparing to take the Virtual Rehabbing path instead...

[Jonathan Nelson]

Does anyone currently Rehab or Do Fix and Flips in their local area, or, in a different state

all together? I have not thought it was possible before, but, i just found a video

with a group of investors who all successful Rehab houses in different cities and state.

What do you think about this, and should i take a chance at starting a virtual real estate rehabbing business?

what rehab knowledge do you suggest and is this a wise idea?

talk soon...

[J Scott]

I highly recommend you don't try rehabbing long distance until you're VERY experienced with rehabbing locally.  Even then, you're likely to find that it may be more trouble than it's worth.

If you aren't experienced estimating costs, putting together an SOW, managing contractors, handling issues, picking materials, analyzing a market, determining ARV, etc. in your own market, you're going to find it next to impossible to do in another market.