May 31, 2017
“The Avid Rehabber”
Whether rehabbing is a hobby or your job, we will try to give you as much information as possible in a blog format to help you become an entrepreneur at Real Estate Investing.
First and foremost, do not and I repeat, do not attempt to be a rehabber without education. There are many courses online as well as formal education in many local colleges that will help you in the process of acquisition, construction and determining the magic ARV (After Repair Value). I am sure most of you have watched house flipping on TV and think “I can do this,” but watch out for the pit falls, unrealistic ARV, extra expense in holding time and many more.
Let us first do a quick study on ARV:
I will try to end with pictures of some of our before and after projects and by the way J and C Home Buyers have not lost money in any of our rehabs:
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