I recently purchased a rental property and discovered it needs more extensive repairs than I originally anticipated.

Hello everyone,I’m the owner of a seasoned general contracting company with extensive experience in residential remodeling and assisting other investors with property flips.

Hey Folks,I am new to the world of fix & flips, however I have extensive experience in construction management (though primarily commercial general contracting).

I understand the list is extensive, so please feel free to answer any that you can based on your experiences and insights:1.

Unless you have extensive time and experience managing Section 8 rentals, it is not advisable to self-manage them.Did they send you pictures of the holes in the floor?

After extensive improvements, the property sold for $425,000 on 05/30/2024.

This might reduce the time and resources you spend finding buyers for each deal, which could, in turn, lower your marketing costs and the need for extensive negotiations.Also, to clarify, the exclusive buyer agreement would only apply to the leads/addresses that the buyer provides.

After a lengthy and extensive renovation, the property is in near stellar condition.

We have extensive land-lording knowledge and marginal rehabbing/project management experience; keep an eye out for someone you know of  that is looking for capital partnership on rehabs-flips, sub <-100 acquisition market.Thanks.

For Aug rent, it would have been prorated.How extensive are the renos to the vacant unit?