Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 12 years ago,
Who here does nothing?
So last week we closed on a single family that we plan to rehab and resell. I mentioned in an earlier post that I've begun working with an investor in my area who has agreed to take me under his wing. As a way of helping me oversee and understand each aspect of the process, I have been hands-on with every task so far.
The house has been demo'ed, sheet rock has been patched and compounded, we started painting the second floor, rewired the electric in the bathroom/ master BR, and the list goes on.
I understand how important it is for me to experience each part of the process so that I know how to do it, how long it should take to complete, and how much it should cost. I'm curious, however, which parts of a rehab do you guys participate in? Do you demo your own properties? Structure the financing only? Electric? Plumbing? Selling?
So far I've enjoyed swinging hammers and getting down and dirty but i can see from a point of leveraging my time and resources that there will come a day when I should hire out most of the work.
I'm wondering- what specific parts of the rehab do you feel the need or desire to complete on your own and why?