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Updated over 5 years ago,
Systems in place for rehab
I am really trying to break down the Brrrr process and have a repeatable process to follow and feeling more overwhelmed the more I think about rehabbing.
High level, it feels simple but the more I think about it, I am getting an analysis paralysis on this topic. I am hoping someone can share their process or analysis. Anyone else felt this way starting out?
I am interested in buy and hold so not interested in rehabbing to flip so when I look at a SIngle or multi family what are your all’s systems/processes you go by. What do you feel is most important for greatest return for money put in? Minimums for rental without being a slumlord. I have read a lot and want to get actual feedback from people too.
When do you know you want an inspection ordered in a property you aren’t sure on?? Is it just an educated guess by what you see first?
Do you use a checklist on your own and cross reference with the inspection?
What do you typically look for initially before determining if an inspection is worth ordering?
Is there a spreadsheet I can download that can give me the best idea of rehabbing checklist?
After all of this, you actually begin the rehab which I will ask some more questions but hope some folks can point me towards the light here.
Thanks you all!