In this episode, we break down how to do renovations the right way, helping you determine what makes a renovation a good or bad investment. We discuss the importance of developing a smart renovation budget, how to set up comps and analyze comparable sales, and why starting with subdivisions before branching out is a crucial strategy. We cover where to find reliable comps, the best sources for market data, and key warnings about making large structural changes that could impact your investment. Whether you're flipping homes, remodeling a rental, or upgrading a personal property, this episode will help you make informed, profitable renovation decisions. Tune in for expert insights on maximizing your renovation ROI and avoiding costly mistakes!
Disclaimer:
The information provided in Behind The Doors is for educational and informational purposes only. The hosts, Dan Noma Jr. and Marvin Crues, as well as any guests featured on the show, are not licensed financial advisors, legal professionals, or tax experts. The content of this podcast should not be considered legal, tax, or financial advice. Any real estate investing decisions should be made based on your own research and consultation with qualified professionals. While we strive to provide accurate and up-to-date information, the real estate market is constantly changing, and we make no guarantees as to the accuracy or completeness of the information presented.
The hosts and their affiliated companies, including Easy Street Offers, disclaim all liability for any direct, indirect, incidental, or consequential damages arising from your reliance on the information shared in this podcast. Listeners are encouraged to consult with their own financial, legal, and tax advisors before making any real estate investment decisions. By accessing this podcast, you agree to hold the hosts and their affiliates harmless from any claims or damages that may result from your participation or reliance on the content provided.
