Home Renovation Tips for Investors

author Phil Pustejovsky   4 год. назад
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5 Tax Saving Tips for Real Estate Investors

http://www.freedommentor.com/real-estate-investment-taxes/ Here are 5 tax saving tips every real estate investor should know.

How to Turn a Little into a Lot with Real Estate PART 1

PART 1 of how to turn a little bit of money into a whole lot of money through the power of real estate. Here's the link to PART 2: https://www.youtube.com/watch?v=T5YR1zN8Mqc

How Much Does it Cost to Fix up a House?

I get a lot of questions about how much to pay for a rehab. You can find a full article on the subject here: https://investfourmore.com/2014/11/03/much-cost-fix-repair-house/ I also did a video on how much it costs just to repair a kitchen here: https://www.youtube.com/watch?v=3xZmEA7J3RA&lc=UgyD0TGx0qHp3fb6FyB4AaABAg You can find much more information on how to flip houses in my book Fix and Flip Your Way to Financial Freedom. The book goes over all the details on how to find, finance, repair, and sell house flips. It is available as an audiobook, paperback, or eBook on Amazon here: http://amzn.to/2Bi8v0O You can see a video on how long it takes to repair a house here: https://www.youtube.com/watch?v=Fi6i6hl3Opo I am a house flipper with 19 active flips at the moment. I spend a lot of time with contractors and budgeting for repairs. This video gives an idea of what I pay for a rehab on one of my houses. The costs can vary greatly based on the contractor you use and where you are located. The more subcontractors you use, usually the cheaper the rehab is. If you use a general contractor the costs can really increase because they will charge a premium to manage the project. There are some contractors who are super expensive because they know homeowners do not know what repairs should cost. You have to take your time finding contractors and comparing prices to find affordable, but reliable companies. You usually do not want the cheapest when hiring contractors, but it is tough to make any money if you go with the expensive contractors. Here is another article on how to find a great contractor. https://investfourmore.com/2014/03/10/find-great-contractor-fix-home/ Here is the after video of the home! https://youtu.be/cSDEdW4iN-c If you are interested in learning more about real estate investing I have multiple books on Amazon. https://amzn.to/2NOOqsl

WORST Way to Invest in Real Estate

http://www.freedommentor.com/worst-way-invest-in-real-estate Discover the WORST way to invest in real estate. This is the other side...real estate investing gone bad.

Be smarter than the bank. Don't pay off your mortgage early

Levi talks about why he won't pay off his mortgage and asks "Who do you think benefits from you paying off your mortgage early?" He runs some different scenarios and compares who makes the most return on their money comparing both early repayment and full term scenarios. Levi's is not a finacial planner and is not offering investment advice. This is an opinion channel only and you are encouraged to seek professional finacial planning advice. He is long in all of the positions listed in this video.

http://www.freedommentor.com/home-renovation-tips-for-investors Home Renovation Tips for Investors that will help you make more money on your next rehab deal. You'll discover what pitfalls to avoid and what repairs you must do on each deal.

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