Check out the second episode of The Good Stewards podcast, this one going over a "BRRRR rehab." These are rehabs for buy-and-hold, rental properties and there is a large tendency for investors to under-budget and over-rehab these types of houses. Remember, you're not rehabbing a house to live in. You don't need granite counter tops or Brazilian hardwoods (unless it's a luxury rental, of course).
If rehabbing rentals is on your horizon, check out this 30-minute discussion between Ryan, my father Bill, Amanda and myself on the topic:
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Andrew Syrios"Every day is a new life to the wise man." Archives
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