Rehab Insights

As a seasoned landlord, I've worked with various contractors and vndors. A recent project breakdown caught my attention: $120,000 purchase, $30,000 rehab, $8,000 holding cost, $180,000 ARV, and $22,000 projected net. Local market trends in the Bluegass region indicate a steady demand for renovated properties. However, thorough property analysis is crucial to avoid costly surprises. I'd advise factoring in contingency funds and clsely monitoring the rehab scope to ensure a successful exit strategy.