#458: Don't Start a Rental Remodel Until You Do This First
Description
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🎙️ Episode #458 – Most remodel mistakes happen before demo day. Here's how to run the numbers, plan smart, and avoid costly surprises.
▶️ Next Episode:
- Apple:
https://podcasts.apple.com/us/podcast/335-how-one-landlord-keeps-his-rentals-low-maintenance/id1448707654?i=1000649554136 - Spotify: https://open.spotify.com/episode/34ku0Q01n8p2zBXmwpYmDi?si=500cd74983e84652
📄 Show Notes: https://www.coachcarson.com/rentalremodel/
🎬 Timestamps:
- (00:00 ) - The "Unsexy" First Step Every Pro Takes
- (00:59 ) - Rookie Mistake: Choosing Emotion Over Data
- (05:09 ) - Verify Profitability First
- (08:00 ) - Stick with your Buy Box
- (15:28 ) - Let Comps Drive Your Scope and ARV
- (19:26 ) - Don't Skimp on Rentals
- (23:11 ) - Match Scope to Profit
- (30:19 ) - Fast Rehab Estimates: 2 Simple Methods
- (35:27 ) - Arrive Early On Site
- (36:42 ) - Should You Hire GC or Subs?
- (42:47 ) - Pay for Walkthroughs
- (45:00 ) - Get Ballpark Bids Before Full Estimates
- (48:40 ) - What if You're Over Budget?
- (52:17 ) - Track Costs Like a Pro with AI
- (55:41 ) - How One Landlord Keeps Rentals Low-Maintenance in 2025
🔗 Connect with Tracy:
- Free Flip School Community w/ Freebies: https://www.skool.com/flip-school
- Instagram: https://www.instagram.com/royceofrealestate
- Website: www.royceofrealestate.com
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