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Discover the Armchair Rehab strategy that allows you to profit from real estate without upfront costs or extensive management. Learn the complete procedure, focusing on essential agreements, budgeting, and effective contractor relationships. We'll explore traditional rehab strategies, exit marketing techniques, and risk management to ensure you maximize returns. Whether you're finding investors or closing deals, this guide provides practical steps to navigate the complexities of real estate rehab. Effortlessly invest and profit from the beginning!
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The Armchair Rehab Do Multiple Rehabs with: No Money No Management No Risk No Construction Profit at the Beginning of the Deal Profit at the End of the Deal
What We Will Cover • Armchair Rehab Procedure • Agreements / Contracts • Problems / Solutions • Strategies
Traditional Rehab • Budgeting • Risk • Contractors • Time!!!
The Armchair Rehab Procedure • Marketing for Deal • Find Contractor / Investor • Closing 1 • Follow Up • Exit Marketing • Closing 2
Marketing The Deal • Same Way • Marketing • Internet • Networking
Contractor / Investor • Used to Rehabbing for Retail • Is Licensed or has a Licensed Crew • Used to Doing Retail Rehabs Unsupervised • Accustom to Investing
How to Find Contractor / Investor • REIA Club • Hardmoney Lenders • Realtor
Why Work With You • Hard Time Finding Deals • Skin in the Game • Retail it Fast • Efficiency
Closing 1 • Wholesale Fee • Option to Buy • Record the Contract
Follow Up w/ Contractor • On Time & on Budget • Sticking to the Agreement • Maintaining Relationship w/ Contractor
Exit Marketing • Marketing for Primary and Secondary Strategy • Same Techniques • Timing
Closing 2 • Get Sales Contract • Disbursement of Funds Letter • Execute the Closing
Agreements / Contracts • Contract to Sell, Buy • Option to Buy • Letter of Understanding • Disbursement of Funds Letter
Problems / Solutions • Bank won’t accept Disbursement of Funds Letter • Contractor tries to sell with out you knowing • Cant find a buyer
Strategies • Closing 1 at Discounted Fee • Create a Business • Buy Fix Sell, Buy Fix Rent ReFi