Real Estate Investors Association of Greater Cincinnati

Author: Jerry Fink (2 articles found) - Clear Search

This Week's Must-Listen: Rehabbing Just Got Less Forgiving

0
Comments

Blog%20Post

The rehab business didn't get harder. It just stopped forgiving mistakes.

Listen in as Jerry Fink (30+ years rehabbing) and Rebecca Sequiera (our Rehab & Retail Focus Group leader) join Vena Jones-Cox to talk about what's changed and how to still win in a slower, pickier market.

If you rehab, make time for this one.

Listen to the episode HERE

... Read More…

Fixin’ to do a Rehab

0
Comments

06%2019%2026

O.K., so you’ve gotten it into your blood, mind, and soul that you want to be a rehabber. Take that ugly, smelly eyesore and turn it into the gem of the neighborhood. No problem, right? After all, you’ve watched all the home renovation shows. You know all about which countertops to choose, what color schemes will wow your buyers, and that bathroom layout you have etched into your mind is a winner.

Well, there may be just a bit more to it than you think.

In this article, I want to address some of the areas you will want to start with before ever lifting a hammer or paint brush. Some of the things which, if done correctly ahead of time, will make your project run infinitely smoother, save you time and money, and allow you to keep any hair you currently have.

What Needs to be Done?

Believe it or not, this is one of the areas where most of us…even experienced Rehabbers…have some of our biggest challenges. Do I replace the windows? What about the furnace? Should I use Home Depot countertops…Corian…mid-range? There are a myriad of things to consider here, and the more experienced and wiser you become, the closer you will be to “guessing right”.

For instance, one of the first things you must consider is:  Who is my end buyer / user – are you rehabbing for a landlord or for a retail buyer? Vinyl flooring in a rental unit is just fine, but a retail buyer will really be impressed by ceramic tile in the kitchen and ba ... Read More…