Addicted To ROI: How To Renovate Your Rental Properties Like A Boss
Details
• What we'll do
So you found a great value add property - and now it's renovation time!
Wondering if you should replace the cabinets with brand new, or paint what's there and throw on a new counter top?
Are the best counter tops laminate, tile, granite, quartz, concrete or that farm house style wood look?
Is carpet better than laminate, or should you use luxury vinyl tile which costs more, but is "indestructible"? Those partially fried & sticky baseboard heaters - should they get bleach wiped or should wall heaters get installed?
How do you even know what a renovation would cost while you're evaluating a project?
Will you hire out the contractors and manage the project yourself, or look for a GC who will manage the whole thing?
How does this even work if you're investing out of state?
If you've ever found yourself asking these questions then this meet up is for you! Melek Bohuta with Property Doctors LLC will be sharing his knowledge on what types of materials to use, how to spend money where it's most necessary, and how investors can get renovations done quickly and with little time involved. Melek is a favorite general contractor of many local investors, and he's renovated a lot of rental properties over the years and understands the investor perspective (whatever generates the highest ROI with the least amount of repairs needed down the road).
We'll also hear from other investors who take a more DIY approach to renovations, and how they are able to save money by managing their own renovations and hiring out subcontractors, even with out of state investments!
This is a great meet up for anyone who owns rentals or plans to buy rentals that may need to be renovated to generate higher rents OR if you are a contractor or subcontractor who is looking to network with real estate investors.
Toward the end of the meet up we also showcase local and out of state deals, so if you're looking this is a great time to see what's available!
• What to bring
Business cards for networking, pen & paper for taking notes if you're into that