YFP Real Estate Investing 44: Deep Dive: Investment Property Renovations - 3 Key Considerations (Part 1)

Published: Feb. 12, 2022, 10 a.m.

b'Nate Hedrick and David Bright deep dive into three key factors to take into consideration when renovating your investment properties.

Key Points From This Episode

  • Why you don\\u2019t always have to spend thousands of dollars on a rehab.
  • The first foundational factor of running a rehab: structural safety for your tenants.
  • A parallel between clinical and building guidelines to ensure safety.
  • Why the roof remains top of mind.\\xa0
  • Learning to manage risk during a rehab process.
  • Why it is important never to over-rehab a house.
  • Why you should always compare rates to other rentals and purchases in the area.
  • The importance of finding a balance when you rehab a house.
  • How to use online comps as a road map to decide what to do in a neighborhood.
  • An introduction to the two case studies discussed in the next two episodes.\\xa0

Links Mentioned in Today\\u2019s Episode

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