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Calculate your rehab expenses carefully! πΈπ§π¨π©
Create any more value in properties sometimes takes adding more on the Construction, but that needs to stay in budget when youβre doing it.
this property created a great income for the client over the last four years. But the market is good right now for selling so he wants to sell it and make great money on it.
this property we paid $60,000 for and 2019. We will be putting this property up for sale for $180,000 after weβre finished with the updates.
this property was purchased in a very good area and is going to make this client very good profit but the construction must be on in budget and makes sense for this client. You canβt get through half of them then go oh no I have to pay the contractor more a lot more.
Having the rehab team around us that can take care of our real estate and keep it a budget is the key to our success into our client. Success. Remember, you have to keep things in budget for you to make money.
taking all the classes you want will never teach you how to get 24 years of construction experience behind you in Cleveland, Ohio. We have the team we have the consistency and we have the resume.
Call me 216-703-5740 Brett, Key REALTY, and Property Management
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