#458: Don't Start a Rental Remodel Until You Do This First
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⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: http://coachcarson.com/rpm
🎙️ 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
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- Instagram: https://www.instagram.com/royceofrealestate
- Website: www.royceofrealestate.com
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