Renovating Real Estate Investment Properties Do It Yourself Or Hire It Done

Renovating Real Estate Investment Properties Do It Yourself Or Hire It Done

Sometimes, when buying – or even thinking about buying – real estate for investment purposes, you’re faced with the need to fix up the property.  The question then arises: Should I fix it up myself or hire it done?  Unfortunately, no one can give you the right answer.  However, there are a few questions that you can ask yourself to help decide the issue:

1.  Do I have The time?
Time is an issue that many people forget about, but it should be one of the deciding factors.  Some renovations, such as handles, hinges or kitchen hardware can take very little time to do.  Others, like retiling a bathroom, can take hours, or even days to accomplish.  If you don’t have the time to do these things personally, you’ve already answered the question.

2.  Do I Have The money?
Obviously, money is as important a factor as time.  Often, if you don’t have the time, you do have the money to hire someone.  However, if you have neither the money nor the time, you may need to reassess whether you can really afford the real estate you’re thinking of buying.  You may want to continue looking to find something that needs fewer repairs or that you can get at a lower price.

3.  Do I Have The Know-How?
Granted, there is a lot of do-it-yourself information out on the Internet.  However, if you don’t have the necessary knowledge to understand what they’re saying, you’ll either have to research more, or hire someone.  Being knowledgeable on what you’re doing may not be so important when, say, you’re painting the living room, but it’s incredibly important if you need to rewire a room or want to knock down a wall.

The main key when deciding on what property to buy, what renovations need to be made and whether to do it yourself is simple:  Be realistic.  Be honest with yourself.  Can you really do this?  Can you really afford it?  Remember, if the answer is “no,” it could just mean “not right now.”

Don’t be afraid to wait until you have everything in place before picking your investment properties.  If you’re careful with your time and money management, you may find yourself able to buy that dream real estate investment property.

Let me help you find the perfect real estate investment property for you.  Call me today at 972.896.8482 or email me at [email protected]  

Compliments of RealtyBlogContent.com


Gary Hutchings Headshot
Author:
Phone: 972-896-8482
Dated: March 29th 2014
Views: 1,714
About Gary: My clients are my number one priority. I spend the time to understand your real estate needs and y...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Our Bloggers

Comprar Casa DFW * - 4
The Doyle Team * - 5
Cara Balderas - 73
Tami Bennett - 45
Ramon Bermudez - 4
Justin Blackburn - 1
Jessica Boozer - 18
Rhonda Borgne - 1
Olivia Borowski - 1
Jennifer Boyd - 2
Jamie Brannagan - 2
Annette Bruen - 47
Moira Brunken - 18
Beverly Bryant - 24
Ana Cantu - 1
Bob Cardillo - 4
Lisa Cardillo - 53
Lisa Carroll - 3
Julie Cash - 1
Lucina Cervantes - 11
Michael Chatman - 2
Gregory Cornett - 2
Angela Cotten - 97
Missie Craig - 12
Melisa Crooks - 1
Greg Cunningham - 2
David Darty - 1
Sarah Dieter - 9
Julian Dozier - 4
Brittany Duey - 1
Belinda Duff - 5
Eva Duffy - 8
Leah Ecob - 15
Kristine Edens - 3
Jill Elliott - 99
Laneal Ernest - 9
Nicole Espinosa - 27
Christopher Evans - 1
Heather Feragotti - 8
Mark Fischer - 2
Susan Florsch - 12
Jennifer Flynn - 9
Larry Frassinelli - 6
Chad Gabriel - 58
Marcos Garza - 1
Shalee Garza - 10
Tammy Gill - 1
Timothy Gilliam - 2
Christina Gonzalez - 5
Wilma Goodwin - 2
William Graves - 5
Roxann Hailey - 2
Jimmy Hanks - 1
Kristen Henderson - 16
Candie Hernandez - 10
Beth Herr - 1
Hunter Howard - 1
William Hurd - 3
Gary Hutchings - 20
Felicia Johnson - 79
Marla Johnson - 1
Trenton Johnson - 15
Dakota Joyner - 9
Jemi Khan - 26
Leigh Klotz - 5
Amber L Johnson - 10
Ashley Lambert - 1
Edwin Liddie - 1
Maria Lopez-Jones - 1
Stacy Lynn Massar - 27
Chuck May - 1
Christine McGinnis - 1
Richard Mikus - 1
Sean Moniri - 21
Naddia Morales - 10
Candace Mozingo - 1
Mark Mulch - 19
Steve Murray - 1
Julie Nicholson - 10
Nikki Okpuzor - 3
Alan Oliver - 7
Kaysone Orlando - 1
Holli Paddio - 3
Eunice Pettaway - 1
Ann-Marie Pope - 2
John Priestash - 59
Mimi Rader - 1
Shelia Randolph - 33
Teneka Ray - 1
Go 2 Girls Realty - 173
Kelly Rumney - 9
Amy Jo Saenz - 3
Linda Scardis - 4
Sandy Setliff - 223
Christine Shannon - 30
Alisa Simmons - 1
Rene Sinclair - 27
Bryce Smith - 5
Shelby Smith - 3
(Allen) Mehrdad Solhjoo - 4
Monica Solkhon - 1
Rodrigo Sotomayor - 16
Drew Spears - 4
Jenna Stanley - 9
Tim Stoll - 52
Kelley Stubbs - 3
Melodie Sulgrove - 1
Judy Tapscott - 2
Angela Taylor - 1
Erica Taylor - 54
Julian Taylor - 17
Kevin Taylor - 16
Mary Taylor - 15
Seana Taylor - 217
Timothy Taylor - 1
Rosalia Tejeda - 1
Karla Terrell - 2
Michele Thompson - 6
Jason Todd - 24
Andrea Trimble - 55
Sarah Uber - 5
Diane Velez - 18
Debbie Viverito - 132
Rachel Walsh - 2
Nick Walton - 79
Spring Weeks - 9
Clint White - 2
Martina Worley - 2
Keisha York - 30
Audra Young - 1
Debbie Zurita - 17

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

JP And Associates REALTORS
6136 Frisco Sq Blvd, #200
Frisco, TX
972-375-9448
0