Redfin

JUNE 21, 2023

Lastly, establishing relationships with reputable contractors and property managers can streamline property renovations and day-to-day operations. Home inspections can also help determine an investor’s renovation budget and help alleviate newfound stressors throughout the rehab process. First, there are property taxes.

Due diligence 56

Due diligence Earnest money deposit Investor Inspection 56

HomeLight

MARCH 13, 2023

With the strong Florida sun shortening the lifespan of roofs and air conditioning systems, costly renovations may be necessary. A cash buyer relieves them of the headaches of renovating and listing the property. Many people who contact Reiner have older homes that haven’t been updated. For a rental, not as much,” explains Joseph.

Sales 75

Sales Investor Due diligence Renovation 75

HomeLight

MARCH 16, 2023

They sign the lease just a couple of weeks after the home is renovated and ready for occupancy. He routinely works with multiple crews of contractors so he completes renovations at a lower cost and with fewer headaches than most homeowners. The buyer does due diligence during the option period in Texas.

Sales 62

Sales Purchase and sale agreement Earnest money deposit Investor 62