Mar 5, 2018
What does it take to do a renovation job correctly? Whether you’re renovating a property to flip it and put it back on the market in your local area or looking to invest in a property in another state where it’s not as easy for you to stop by and check the renovation progress, knowing the correct process behind property renovation is critical to understand as a turn-key investor.
Today, Tom explains the realities behind the renovation process. He shares the exact process that the Rich Life Real Estate company uses to renovate the homes they purchase to flip, sell, and add to their portfolio. He also explains the importance of scoping the property before closing on it, things to consider throughout the renovation process, and what to consider when hiring general contractors.
“You need to know what’s involved in the renovation process.” - Tom Obenchain
In This Episode of ROI Wealth Watch:
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And, if you’re looking for the best turnkey rental properties to invest and renovate to maximize your real estate portfolio, visit the Rich Life Real Estate website to view turnkey rental opportunities or speak with an investment advisor for more information.