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Updated over 6 years ago, 09/06/2018
Learning How to Rehab yourself
Hello my friends, happy Friday!
I am just getting started on my real estate investing journey. I have my Realtors license and I work full time at a factory. I would like to know your thoughts on doing the Rehab of your flips yourself. As in buying the materials needed and putting in some sweat equity. I have 49 hours a week to were I have free time. This makes me think that I should learn the necessary skills of remodeling and do it myself to cut my expenses way down and thereforeincrease my total ROI. I have some experience with demo and remodeling already. I will also be able to control the quality of the work because I am doing it. There are things I wouldn't have to do such as carpeting because my local hardware store installs for free with purchase of carpet, etc.
What are your thoughts? If you had the time and knowledge to do such a thing would you? Would this be something to do especially for a first time flipper who also has his realtors license?
Thanks guys!