Our real estate agents are currently rehabbing a property. It’s such a fulfilling process to be a part of. We thought it would be a good idea to write about the benefits of doing the same to your property! One of the most attractive benefits for people is the return. If you want to get in the business of rehabbing properties, $100,000 a year is very realistic. Of course it involves knowledge application, consistency and hard work but what doesn’t? You always get back what you put into a project. We want readers to know the opportunity is there but will not happen overnight. Stay diligent and have fun with it. Another benefit of rehabbing a home is well…emotional. There is something about renovating that just warms the hearts of those involved. To rebuild something, witness the progress and finally accomplish the feat is an extremely satisfying experience. The delight from surrounding neighbors and buyers is an exclusive interaction that could only be felt through rehabbing properties. Taking a step back and looking at what you’ve accomplished is not only rewarding but inspirational! It makes you want to do more for your customers and business. Another advantage of rehabbing is the knowledge gained for bigger projects in the future. It doesn’t matter if you are barely starting out with a single family home. The essentials for rehabbing could be applied to more expansive ambitions. It’s good experience for entering into the realm of commercial development. Lastly, rehabbing properties allows you to wholesale more efficiently. By presenting accurate data on the property’s value and expenses, you will establish strong credibility with the wholesaler. By doing so, wholesalers will not only return for business but refer your name to other prospects. This is what you want right? We can’t wait to see the completion of this property and know that it will be well-worth the effort! If you haven’t rehabbed a property yet, you have to try it! You just may surprise yourself. Black Diamond has renovated property for sale in San Leandro and surrounding areas. We specialize in providing elite real estate services and quality insight for our clients. So what are you waiting for? Let’s build something! Source: Russ Corp