Tuesday, August 6th
5:00-9:00 p.m.
IN-PERSON IN COLUMBUS, OHIO
Let’s Get Up to Date on Local Rehab Costs
(‘Cause They’ve Changed, Like Everything Else…)
AND Spend an Hour Learning to Use Our Resources
to Get Everything We Want in Real Estate.
OPHP Credits: 1 hour elective, 1.5 hours classroom rehab (What’s This?)
If you’re looking for hard-core, skill-building information that you can trust (or just want to build relationships with active, excited real estate entrepreneurs!) you’re in the right place.
Whether you’re a brand new investor or an old pro, we’d love to see you at our monthly in-person Columbus chapter meeting.
Come when you can, and leave when you must, but here’s what you’ll miss if you skip it:
5:00-6:00
Relationship Building Time!
Free light dinner and networking tables, meet the vendors
6:00-7:00
How to Use What You Have
to Get Everything You Want in Real Estate
with Vena Jones-Cox
Most real estate investors start their careers thinking that MONEY is what they need to buy properties, do deals, get mentors…and some never get over that idea.
The truth is, you can get anything you want—deals, money for deals, help with deals, property management, rehab work—WITHOUT money, by trading what YOU have for it.
What you have might be skills, time, knowledge…and they may or may not be related to real estate.
We’ll talk about how to approach these kinds of ‘trades’, how to find the people to do them with, and how to get over your “I need money” thinking.
7:30-9:00 Main Meeting
The (Necessary) Art of Estimating Rehab Costs RIGHT
with Jerry Fink
In any market, estimating rehab costs is an important skill.
We ALL have to have this skill if we want to make good offers and good deals: retailers, of course, but also wholesalers, landlords, even note buyers and private lenders have to have a keen understanding of the cost to bring their properties (or their buyer’s properties, or their security) into good condition.
At this meeting, the super-experienced rental owner (as in, bought his first rental in 1986) / retailer (as in, has managed well over 200 rehabs, including a 100-unit apartment building) Jerry Fink will share:
- The steps to tackling the rehab estimation process: what to do BEFORE you make an offer, how to write to offer so you can get out of it if you’re wrong, and what to do AFTER the offer is accepted to make sure you got it right before you close
- The differences between estimating costs on a rental vs. a bread-and-butter rehab vs. a move-up rehab (they can be as much as 50%, no kidding)
- Why do you ALWAYS assume that you, or your buyer, or your borrower, will hire professionals and pull permits, even if that’s not what you’d do
- How to stay on top of rehab costs as they change, as they always do in chaotic times
- Actual costs of all the major rehab categories: roofs, gutters, windows, drywall, kitchens, baths, and more…
Members and first-time guests are free; returning guests pay $35 (which is silly since you can join for an entire month for just $25 HERE, and take advantage of ALL of the great meetings and networking opportunities we offer for 30 whole days).
Click the “Register me” button below to get your link!