West DFW REI Group

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West DFW REI Group

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Revisiting Rehabs

with... Jason Coyle

An inside look at Rehabbing Houses from start-to-finish, with an “investor exclusive” rehab contractor

Saturday, November 7, 2020 8:30 AM - 11:30 AM

 

Do you look at a house to purchase and wonder: What is needed to successfully rehab this property and MAKE MONEY?  Can I buy this property and make money on the deal? What needs to be repaired versus what needs to be replaced? What Sells in today's market - and what doesn't?  Who can I trust to help me with these answers?  As investors, we’ve all been there and asked that question before.  Join us this Saturday 7 Nov as Jason Coyle of Rehab Kings shares an inside look into rehabbing houses correctly from a professional, real estate investor “exclusive” contractor's viewpoint.

Some of what Jason will be sharing with us:
Pre-acquisition- A different layer to assessing comps for clues on level of rehab. The importance of comparing days on market to "features” in an updated property. Setting realistic expectations for your ARV and what it takes to get there. Targeting demographics for your properties, the importance of doing so and how to get there. Scoping potential properties for cost analysis and construction strategy. Construction costs and project durations.

Projects in Progress- Realistic draw schedules and how they impact workflow, Construction phases and the visual impact on progress. (Your job isn't sitting still!) Material selections and how to narrow them down. Project design. Be creative, but not cooky. Appropriate for the neighborhood and appraisal target. Managing variables/change orders and identifying if your property might have them. Managing your contractor. The blue tape walk, do's and don’ts. Details matter.

Rehab with the end in mind- Flip or rental. Selecting materials for performance and aesthetics. Trending colors and finishes that sell in today's market - and what doesn't sell. Accessories, fixtures, and features that will drive interest and excitement in your properties.  Carpet, tile, wood, or high-quality laminate? Where to use them, and why. Curb appeal. Ways to increase it without breaking the bank.  Details, details, details.

Rehab Complete –The Next Step
Listing prep – Reassess the ARV, Cleaning-Spotless, To stage, or not to stage, Navigating and negotiating the repair amendment from home inspection at selling. Closing –SOLD –Rinse and repeat.

Top 5 Mistakes New Investors Make Rehabbing Houses

Contractors-
What to look for, and what to watch out for
Licensed and Insured
If their company name starts with R and ends in S, they're your best option 
Why Use Rehab King?
How do members of the West DFW REI Group benefit using Rehab Kings?

Questions & Answers

Online Event Schedule-

8:30 am – 9:00 am – MEMBERS & GUEST ORIENTATION – The session will start promptly at 8:30 am and is designed to be an overview for Members and first-time Guests as to who we are and the benefits you receive as a Member of the group.  We will also talk about the REI tools provided to you as part of your membership, your free professional investor website, and other member benefits and walk you through the website and answer your questions.

9:00 am – 11:30 am – MAIN MONTHLY MEETING TOPIC – “Revisiting Rehabs, with Rehab Kings"

What To Do Next To Get Pre-Registered For This Event-

STEP #1 - Scroll to the bottom of this page and click the "PRE-REGISTER" button and follow the prompts

STEP #2 – Check your email NOW for your REGISTRATION CONFIRMATION email with instructions for completing the registration with Zoom.

STEP #3 – Once registered with Zoom, click the "Add to Calendar" link in the Zoom email which has the link you need to attend the Event

Please share this event link https://bit.ly/3ieDNKT  with your friends, partners, and social media connections and invite them to attend this event with you as your guest.

LOCATION – Online Only – The Zoom link needed to register and attend this event will be sent in your Registration Confirmation email immediately after you Pre-Register BELOW. Check your email NOW, and spam/junk folders if you don’t see it in your inbox.

ZOOM ROOM SPACE IS LIMITED SO RESERVE YOUR SEAT TODAY!
CLICK THE PRE-REGISTER BUTTON BELOW NOW!
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Members:
Free For Members
Non-Members:
$25.00
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Date:  Saturday, November 7, 2020
Time:  8:30 AM - 11:30 AM



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West DFW REI Group

912 S. Elm St.
Weatherford, TX 76086
(817) 599-8058

Proud Affiliate Member of Think Realty

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