S1E23 - Construction Rehab Tips for Rentals

Joseph shared his expertise on cost-effective and durable construction and rehabilitation strategies for rental properties. He highlighted the importance of prioritizing key areas, using energy-efficient materials, and providing quality fixtures and ample storage space. Joseph also discussed the significance of regular maintenance and safety standards.He differentiated between fix and flip and rental properties, advocating for the use of scratch-resistant and waterproof materials in rental properties to minimize turnover costs. Lastly, he stressed the need to understand the local market to determine the appropriate level of quality.  Joseph discussed his concerns about the current state of landlord-tenant relations, particularly regarding squatters and the challenges of maintaining vacant properties. He shared his strategies for affordable renovations to attract tenants, including painting, replacing doors, adding tile, and swapping out switch plates and door handles. He also mentioned his ongoing project of building a personal website.Additionally, he presented an overview of the most competitive rental markets in the US, based on vacancy rates and other factors, expressing his concerns about some of the locations on the list. Contact Our Sponsors=================Perkitech - https://perkitech.com/Built Lending - https://www.built-lending.com/MB Capital Solutions - https://mbcapitalsolutions.com/Joseph @ Built Lending - https://www.linkedin.com/in/josephvscorese/Contact Us===========Main Website - https://creativebrrrrstrategies.com/Podcast Site w/ All Links - https://thecreativebrrrrstrategiespodcast.buzzsprout.com/share/Email - [email protected]