BEST REAL ESTATE LEADS FOR REHABBING HOMES LEON MCKENZIE
Finding a Home that Meets Rehab Criteria
As investors look for alternate ways to create options in the real estate market, there are specific criteria that
can help investors to succeed. Mears indicates that these are the most important factors:
• “Finding a good house at a low enough price to make the deal work
• Finding reliable contractors to do quality work at a reasonable price
• Finding money to finance the deal
• Selling the home at a price that will cover expenses and provide enough profit to compensate for the time
invested”
These criteria are the ones that have the most impact on the success of your project. Taking the time to find a
house that has a low price gives you extra room for repairs and additional space for profits. Having reliable,
professional contractors is the key to ensuring that your renovation project is completed on time and within the
budget needed. A good contractor can also help you to pass needed city inspections and permitting. Having
a way to finance the purchase and all of the costs associated with it is also a critical aspect of renovation.
Finally, finding a selling price that not only covers the cost of the property and the repairs, but also offers you a
healthy profit is important. These are criteria that can help you to profit. The most crucial aspect of this is
finding a good home as a project in this market with few leads.
Is There An Answer?
For those investors who want to
purchase homes to rehabilitate, there are
options that can save money and create
opportunity. Knowing where to look for
these leads is critical to investors who
are
serious
about
building
their
businesses. There are virtually untapped
areas of the market that can help you to
find properties for your investment
business. Probate, bankruptcy and
divorce cases can provide you with
amazing
opportunities
to
homes for a discounted price.
purchase