Chelmsford Rehab Chronicles – Part 1 of the Hoarder House

Investing on November 6th, 2012 No Comments

It’s Back!! The Rehab Chronicles have returned after a short break. This 4-part video series takes you through the rehab of our recent project in Chelmsford, MA. Groton Rd is a relatively straight-forward rehab–aside from the fact that it was completely filled with STUFF when we purchased it.  This house is our feel-good rehab of […]

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Oct 31st: “Sharpening Your Rehab Estimates” at South Shore REIA

Seminars on October 22nd, 2012 No Comments

REHABBERS… Make accurate offers with confidence! WHOLESALERS… Get your deals sold without having to go back to your sellers! PROPERTY OWNERS… Protect your cashflow! Whether you are a rehabber, wholesaler, or property owner, your repair estimate can make or break a deal.  Performing due diligence and finding accurate rehab costs are vital to your analysis process. Next Wednesday, […]

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The 2 Levels of Rehab Estimation – “Quick & Dirty” and the Detailed Estimate

Investing on October 5th, 2012 No Comments

“How do I know how much rehab this one is going to take?” New rehabbers and wholesalers are always asking this question.  They say, “I’ve already got my ARV.  Alas, if only I had this one number down, I’d be able to formulate my max offer…and could then submit it with confidence!” This was probably […]

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How to Estimate Rehab in Under 10 Minutes

Investing on October 4th, 2012 No Comments

I call this the “Quick & Dirty” Analysis It is done before you submit the offer.  If you’re one of those that submits offers FIRST and figures it out later (a dangerous strategy, at times), you’d do the quick analysis after there’s a counter or interest is shown in your offer by the seller. When […]

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How to do Detailed Rehab Estimate a Contractor Can Work With

Investing on October 4th, 2012 No Comments

In the last blog post, you learned how to conservatively do a Quick & Dirty Rehab Estimate in under 10 minutes. This gives you an idea of the rehab so you can put in an offer. Once your offer has been accepted, the next step is a detailed scope of work on the property. When done […]

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Part 4 of The Rehab Chronicles: Bedford, NH

Investing on July 9th, 2012 No Comments

You all have been so very patient waiting for the fourth and final installment of the Bedford Rehab Chronicles… The wait is over! As you know from the previous videos, the scope of work (SOW) at Meetinghouse Rd was mostly cosmetics–and what a difference it made! However, the biggest issue we had with this project […]

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Part 3 of The Rehab Chronicles: Bedford, NH

Investing on June 4th, 2012 No Comments

At this point of the rehab, we are doing the finish work. While doing our walk-through, we noticed some finish work that was not up to par.  Find out what Nick will tell the contractors, and how to handle that type of situation in your future projects.     Catch up on old episodes of […]

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Part 2 of The Rehab Chronicles: Bedford, NH

Investing on May 9th, 2012 No Comments

It’s now 2 weeks into the project and most of the demolition is complete. The new master bath suite is framed out and things are moving along! Join Nick and the gang from Southern Maine REIA as they take you through the house… Watch Part 1 of the Bedford Property to see what 126 Meetinghouse […]

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First Rehab Road Trip was a Hit!

Seminars on April 25th, 2012 No Comments

This past Saturday, we held AARE Mentor’s first Rehab Road Trip, and I am happy to report that it was a success! Unlike the Wholesaling for Profit workshops, where we were able to accommodate 25 people, this Road Trip was limited to only 10 students.   Highlights from the Road Trip The day started off with […]

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Part 1 of The Rehab Chronicles: Bedford, NH

Investing on April 17th, 2012 1 Comment

Within the past couple years, the Rehab Chronicles video series has featured properties all over Greater Boston, but never before have we pioneered into the northern territory commonly known as “New Hampshire.” This house is crazy awesome… 4,225 sqft, 4 Bed/3.5 Bath, 3 Car Garage.   Not only is it huge, it’s also quite the […]

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