Renovated kitchens are a homogenous affair, at least in low to mid-range homes. The “standard” décor includes dark cabinets, stainless steel appliances, and the inescapable granite countertops. “When they started putting granite into $100,000 homes, it all started to seem cheap to me,” said Jeremy Rupp. A former homebuilder, Rupp does rehabbing, flipping, and wholesaling. [...]
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Gurus agree, novices represent a very large portion of their real-estate investor following. But the early-dropout rate is very high as well, as even-newer newcomers stream in to replace those who get discouraged and quit. When beginners do well, they upend the applecart of excuses held by more seasoned investors. Their stories dispel the notion [...]
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Fix-and-flip investor Mike Snyder credits a past contractor for the idea. At a residential rehab near Regis University, they were preparing for a concrete pour. A 400-square-foot addition would be built on the slab and foundation, level in elevation with the original house floor, adding enough space for another bedroom and bath. Then the contractor [...]
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The economic crash of a few years back effectively put the brakes on Tom Oldenburg’s business. A commercial architect, he was busy planning shopping malls anchored by King Soopers and Safeway stores. “The need for that kind of retail depends mostly on new home construction. When the jobs dry up, so does the demand for [...]
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“Be a problem solver.” That idea may not leap to mind when people think of investors dealing with distressed homeowners. But investors can carve a satisfying personal path to success by solving other people’s real estate problems, says John Schaub. The nationally known, Florida-based investor and author spoke recently to Denver investors on how to [...]
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