In the thick of our move south in early summer, we purchased Property #6 in Oklahoma City. Property #6 will be the first time we will work directly with Kendal to renovate the place and also use a contract that follows the cost plus model.
Whether it’s a handyman, a general contractor or an individual trade (electrician, plumber, etc), the most important thing you can do is set expectations.
Knowing what you need done during a renovation is only half of the equation. Finding the right team for the job is the other.
Renovating a property probably causes the most anxiety when investing in real estate. A lot rides on the results.
In just two short years, we doubled our real estate investments in Oklahoma City from two to four and will be closing on another property this month. The diverse economy, landlord-friendly regulations and positive economic growth indicators were among the many reasons why we set our sights on the Sooner State.
Amelia liked to browse Zillow and see what properties were available. She had started to target a particular suburb of a New England city, but was very casually investigating the market. One afternoon, she decided to check out a house there that was being sold in a short sale.
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