HAPCO - NW PHILADELPHIA Sub Group
April 13th, 2020
Time: 6:30 PM to 8:30 PM
2nd Monday of the Month
Entrance Fee: $5.00
Location: WEICHERT, REALTORS® - McCarthy Associates Office, 6901
Germantown Ave, Philadelphia, PA 19119
Presented By: Jerome Henry Director/Instructor Philadelphia Custom
Design School of Carpentry & Cabinet Making
Discussion: Basic Rehabbing for the Real Estate Investor
Overview: Key Takeaways
•Rehabbing real estate involves purchasing a property, completing
renovations and selling for a profit.
•As you create your scope of work for a rehab project, always leave
room for unexpected costs or issues.
•Complete another walk through at the end of any rehabbing real
estate project to make sure everything went according to plan.
The old expression, “By the yard it’s hard, by the inch it’s a
cinch,” applies to many areas of life, not the least of which
include that often-overwhelming concept known as the real estate rehab
deal.
While rehabbing real estate can be a profitable and exciting form of
wealth-building, it can also be a confusing venture that seems to have
more moving parts than a car engine. However, by understanding the
process of how house flipping works — and what a real estate
rehabber does from beginning to end — you’ll not only gain more
knowledge, but your rehab investor IQ will skyrocket.
Jerome will discuss quick primer to the seven stages of a real estate
rehab deal to help your fix and flip investor game, and make your
investing journey more manageable and realistic.
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14/04/2020 Last update