All Forum Posts by: Greg Smith

There are dealing out there but as always, you must do your due diligence and the numbers MUST be there. In the rural areas in which we live, that's the issue usually; people hold too much mental/sentimental value to houses, even vacant ones which have been sitting for years. That's where having a sales background comes in, to help them understand you're going just polish the apple.

@NA NA Pictures only tell so much. If possible, you need to have a walk through with an experienced contractor or someone with rehab experience. Without that you will have no realistic figures to work from. In addition, you need to adjust you initial estimate by 10%-15% to account for other unexpected issues that may come about during your rehab.

Do you have anyone to lean on? You may want to start networking now to build relationships with a strong contractor before you have a house. Volunteer (if possible) for you local Habitat for Humanity or other volunteer programs where you can spend time with tradesmen. You can learn a few things, get to know them and whether you can work them. You can learn their reputation, see what kind of work they do, etc.

 Bumping post, as I'd like to hear the answers to these questions too.

Welcome!