A breakdown of my first experience rehabbing a property 🏡
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Summary
AI-generatedWhen completing an out-of-state property rehab, the video suggests asking contractors for their most recent costs for comparable jobs and talking to other investors about what they're spending. By doing so, hosts can get a better idea of what they're going to be spending.
Key insights
The host found it useful to ask contractors for examples of their recently renovated properties and the respective costs associated with those renovations.
Mistakes to avoid
Going out-of-state to work on a renovation project and having no real sense of what it would cost to do that type of work.
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial