Rehabbing Tips for Beginner Real Estate Investors - 4 Items Most Investors Overlook
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In this YouTube video, the presenter discusses the top four things that can cost a lot of money when rehabbing a property. The first big-ticket item is exterior concrete work, including patios. The video advises taking notes and pictures when walking the property to finalize the budget. The second big-ticket item is windows, and it is important to count every single window and make sure they work properly. The cost of repairing or replacing windows can add up quickly, and missing a few windows can blow the budget. The third big-ticket item is the roof, and it is important to ensure the roof is in good condition, even if it is not leaking. The video recommends getting a roofing contractor to check the roof and provide an estimate of how many years it has left before needing to be replaced. The video also provides two bonus tips for things to look out for when rehabbing a property. The first bonus tip is to check the drain stack, and the second bonus tip is to check the sewer lateral. The video concludes by recommending viewers to watch another video on how to buy their first rental property, which covers everything from A to Z. Overall, the video provides valuable insights for anyone looking to rehab a property and avoid going over budget.
In this YouTube video, the presenter discusses the top four things that can cost a lot of money when