Purchase price: $292,000 Full interior remodel in Skokie, IL.

Full interior remodel.

Full interior remodel.

For example, let's stage an empty room, remodel a facade, do a new bathroom idea etc. 

I would highly recommend passive investing which will allow the experts to take the risk and acquire the debt and manage the toilets, tenants and trash.

Interior remodel.

Interior remodel.

I personally like doing BRRRs on multi-family homes that need work but not extensive remodeling.

(Note: These are non-negotiable requirements) Other Incentive ProgramsSmall Business Improvement Fund: Best thought of as a storefront/small business rehabilitation program, this small grant program ($150,000 for commercial properties and $250,000 for industrial properties) is targeted for smaller renovation projects and can cover anywhere from 30-90% of the cost of remodeling a storefront facade, roof replacement, major systems replacements (HVAC, plumbing, electrical, etc.) or an individual interior space build-out within a larger building to get it tenant ready.

Someone asks about a repair, then someone who has remodeled 25 houses answers his question,  then the next newbie has an insurance question and an Ins. agent responds.