The Best Remodeling

Strategies

Here at Center Street Lending,we see a lot of ideas about how a

house can be fixed up and flipped for maximum profit.

Some ideas are much better than others.

The problem with the ‘big ideas’ is that they often cost big

money. It’s easy to overlook obvious

fixes that just might add tremendous value. 

On the other hand, big ventures and renovations are sometimes not always the best investments

for individuals keen on making a big profit. It turns out that the

most profitable investments are also the safest. The long term

quality and dependability of your rehab should be your primary

focus.

So what renovations should you focus on?

Bringing a Property Up to Standard

Start by making sure the property compares to the rest of the

properties in town. The first thing to remember is that if a property is

below the neighborhood or city standard, first you must see to it

that the basics are set. 

Buyers will avoid a house with a leaky roof, cracked retaining

walls, or weak and cheap floors or walls. And anyone interested in

the only home on the blockwithout air conditioning or a

garage is only going to buy if the property is significantly cheaper.

Kitchen and Bathroom Remodel

If you don’t upgrade the kitchen and bathrooms, you’re basically

offering a discount to a buyer who is thinking of doing that work on their own. If you want buyers to

see value in a home, don’t give them reasons to look for work

they’re going to have to do.

Front Door Replacement

The front door is one of the most important aspects of curb appeal

on the exterior of the home. A solid, fireproof, soundproof front

door will look great and update the look of the whole front of the

house. It’s not a huge investment to install a new front door and the

return is ofter more than 100% of the cost.

Add a Deck

There are very few amenities that we can recommend for most rehab

projects. A pool, for example, is a terrible investment unless every

other home in the city has one. Not only expensive, the return is rarely

worth the commitment. 

A lovely deck can be done well without spending a fortune and

will get buyers thinking about how to use that exterior space.

If you are considering a property rehab project and need funding,

Center Street Lending can make it happen. We lend in CA, AZ, CO, UT,

TX, FL & NC, up to 80% of the property purchase price as well as

80% of your anticipated rehab costs. 

Give us a call today or request a no- obligation quote online. We can

fund your project in as little as 24- hours! Follow Center Street

Lending on Twitter for all the latest updates.