An Update
This is kind of the slow part of this project. I hate to keep telling you that the rehab is in progress, but it is and things are slowly coming together.
I don't go to the property everyday. The young man who is heading up the rehab is someone I trust, so I don't feel like I have to be there daily. He keeps me up to date via phone, which is something I really appreciate!
I suspect we will be done with the interior of this property in some 10-12 days, then we'll have to solve the expensive water/septic issue. This rehab has turned out to be an extensive one, so it will probably take a month. I've made the decision NOT to market this project to the rental market until the water issues are solved.
I will continue to keep you posted!
I don't go to the property everyday. The young man who is heading up the rehab is someone I trust, so I don't feel like I have to be there daily. He keeps me up to date via phone, which is something I really appreciate!
I suspect we will be done with the interior of this property in some 10-12 days, then we'll have to solve the expensive water/septic issue. This rehab has turned out to be an extensive one, so it will probably take a month. I've made the decision NOT to market this project to the rental market until the water issues are solved.
I will continue to keep you posted!
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Bruce W. Ford is the editor of Rehab-Real-Estate.com and is an ACTIVE rehab real estate investor. To read Bruce's special report entitled
"12 Things Real Estate Gurus Won't Tell You", click here!
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