One of the ways to make a profit in real estate is to do rehabs. A real estate rehab is done when an investor acquires a property then sells it to make a profit. Chris and Gail talk about their experiences doing rehabs and let us in on what we can learn during the process – doing cross-country, dealing with contractors in renovation, and dealing with potential buyers. They also state some of the important things to note when you start getting more notes in your portfolio in dealing with rehabs, such as making sure you budget correctly and have reserves. Get ready to learn more about doing rehabs as Chris and Gail dive into the subject.
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