No work needs to be done to it, the building was completely restored already.

Purchase price: $10,000 Cash invested: $45,000 Sale price: $110,000 3 Bed/2 Bath burnt home restored in Sumter, SC 29150.

In general we ensure the base quotes come through high-dollar restoration companies, we get maybe 65% of that amount, and the whole job is funded through a normal contractor with a few reductions in quality (no new hardwood floors, it becomes LVP for example).As long as you have an experienced project / property manager on your side you will do nicely on claims.Lastly, I chose ACV coverage for my portfolio because I am not hand-to-mouth broke...if a claim comes back a few grand short it's not a crisis.

They are on your side and should get you what you are truly supposed to get like lost rents (if you have that coverage in your policy) and to fully restore the units to their pre-claim condition.

Getting ready to hang drywall on a flip that has been a total restoration.

I am doing CFO/CIO work with some GCs in different states and trying to figure out what kind of software might be useful for enhancing the business, but the work is mostly restoration. 

It complemented the property and neighborhood, while explaining the interest of my wife and I to invest effort and resources to restore the property.

I restore classic cars... when I discover a barn find I am offering what that hulk of metal is worth as it sits in the barn- not what I am going to create with it.   

When and if it comes time to sell, I may very well remove it and restore the hardwood....... that will up the resale for sure

Many new investors and young people in college who are interested in real estate cannot articulate their ideas to save their life and it clearly shows.Just wanted to say thanks for restoring some hope for our generation haha.