YFP Real Estate Investing 45: Deep Dive: Investment Property Renovations - Case Studies (Part 2)

Nate Hedrick and David Bright discuss case studies in this week’s deep dive into investment property renovations. 

Key Points From This Episode

Recapping the last episode's main points. A brief background on David's property including location, rent, and how he found it.  Nate updates us on a tricky point-of-sale inspection required by the community. Talking structural safety and Nate's big unknown wild card. What he has planned that will make this property stand out from the crowd. About Nate and his wife's agreement to make every rental something they would live in.  He explains his BRRRR strategy plus two things to really make the property bulletproof. Moving on to David's property, we hear about the solid bones of his investment.  Why, in his case, the cosmetic rehab is tougher than the safety side.  David talks us through his overall rehab cost target.  The advantages of the built-in equity on a conventional loan. The dangers of over-improving on a rehab.

Links Mentioned in Today’s Episode

REI 44: Deep Dive: Investment Property Renovations - 3 Key Considerations (Part 1) Join the YFP Real Estate Investing Facebook Group YFP Real Estate Investing Your Financial Pharmacist Disclaimer and Disclosures