Comments on: How to Execute a Single-Family Property Rehab Investment

By: Ruben Solis

Ruben Solis — Sun, 23 Jan 2011 07:09:12 +0000

Wow, this is one of the best articles I have read. I am a contractor and it is nice to hear a person who cares about informing the general public on what the true expectations are in investment property. I have investors who constantly ask me how to improve cost with efficancy. We are in the home improvement stores all the time. We see prices go up and down. It is important to choose a contractor who is willing to listen to your needs so in the end we all make money.

Ruben Solis
San Antonio Tx

By: Greg Weirich

Greg Weirich — Wed, 11 Aug 2010 22:08:03 +0000

Your article was well written Shauwn. I would add that research on sale and/or rental rates for the area BEFORE you buy can make or break your investment. As an owner of a property management company I’ve seen too many buyers of REO’s that were not prepared. They come to us after they bought the home to ask the rental value.
Greg
Granite Bay

By: Lynn Andris

Lynn Andris — Mon, 18 Jan 2010 03:55:30 +0000

Great article. One of the best things about LU is the win-win mentality in every aspect of our business. Vendors know that they must price their products and services well, communicate clearly and accurately and produce a high quality finished product if they want to build their business among LU members. We, as investors, need to remember to do our part. We need to understand our market, know what we are trying to do with the property, make sound decisions about the deal and communicate our needs clearly. Vendors cannot change directions as we constantly change our minds. We need to be good customers to get good results.

By: Landlord Shmandlord » Blog Archive » Carnival of Real Estate #162

Landlord Shmandlord » Blog Archive » Carnival of Real Estate #162 — Mon, 19 Oct 2009 03:23:57 +0000

[...] Shauwn Digman over at Lifestyles Unlimited gives rehab advice in the article Estimating and Executing Rehab on a Single-Family Investment Property. These are very sound pieces of advice, and pertain to many areas of business besides just Real [...]

By: Incolo hosts Carnival of Real Estate #161 | Incolo

Incolo hosts Carnival of Real Estate #161 | Incolo — Mon, 12 Oct 2009 18:07:45 +0000

[...] Shauwn Digman shares his years of experience with contracting and real estate and provides practical tips if you ever thought of flipping a house – Estimating and Executing Rehab on a Single-Family Investment Property [...]

By: Montelongo

Montelongo — Tue, 06 Oct 2009 17:07:48 +0000

Do you have a generic check list (MAP or PLAN OF ACTION) you can share with us? So I wont reivent the weel or wait until the 100 rehab’s to realized i missed something from the beginnig.

That would be reallly appreaciated.

Thanks,
Montelongo

By: Amanda

Amanda — Mon, 05 Oct 2009 22:50:01 +0000

Great points Shauwn, thank you for your expert advice, this will help me with my future rehab projects.

By: Karen

Karen — Mon, 05 Oct 2009 17:34:49 +0000

Beginning with the end in mind is probably the hardest thing I deal with. Being a quick-to-decide ‘A’ personality, this is my biggest hurdle. Master this part of the equation and your business plan becomes a reality!

By: Bryan Batson

Bryan Batson — Mon, 05 Oct 2009 16:48:57 +0000

Shauwn,

Good points you had in your article. Hammering the point to know your area/market where you’re property is located I believe is one of the keys to getting your highest rate of return. Not overdoing it or underdoing it but having it just right…like Goldilocks!

By: Amber FitzPatrick

Amber FitzPatrick — Mon, 05 Oct 2009 16:25:53 +0000

I love the analogy: “There will always be those items that we can add due to some room in the budget. But remember, the cafeteria always has the desserts at the end of the line. Get what you need first, and only if there’s room, add the pie.”