Vacation rental investing is one of the hottest techniques in today's market. You're about to get an inside look at a complete makeover of one of my vacation rental investments. You'll go in the field with me, before and after the remodel, while I reveal tips along the way. This is a MUST watch anyone looking to own a vacation rental:
ABOUT THE AUTHOR
Phil Pustejovsky
Phil Pustejovsky is one of the most experienced real estate investors alive as well as the mentor and coach to many of the most successful real estate professionals in North America. He is the best selling author of two books, How to be a Real Estate Investor and Real Estate Investing Gone Bad and has one of the most popular real estate YouTube channels in history. Having been a part of thousands of deals, Pustejovsky has been recognized as one of the leading real estate investing authorities in the world and has been featured in Huffington Post, Business Insider, Entrepreneur and Inc Magazine. His mission is to provide the greatest real estate investing wisdom available and deliver the very best real estate coaching and mentoring services money can buy.
Thanks so much, I learn so much in this video.
Based on the experience converting a 4plex into upscale condos, I have to say that your rehab costs for new flooring, new hvac, new ceiling are about $35k too low. Lately the cost of labor and materials have gone way up so that your cash on cash return is less than you predict in your example. Your ideas on priority of updates are good based on my market in Austin Texas. Well done and thanks. Were you on-site to oversee the rehab work on a daily bases. My stainless steel appliances took Samsung 6 months to get them delivered because of the virus and the back log.
I have assembled the greatest construction crew on the planet. I can source great materials at the lowest possibly price. I know how to get appliances when almost no one else can. And I don’t have to manage my crew. But I am one of the most successful residential real estate investors in America. Of course I can get my rehabs done $35,000 cheaper than most and with no hand holding or oversight.
Phill,
I’m a Big FAN of you and your mission of changing lives.
I would like to share something with you on my vacation Experince here in orlando Fl area.
You have been a big bless to soo many I’m no exceptions.
Thx God bless
What’s the lock model?
SCHLAGE BE365 Camelot
I have learned a lot following your teaching. I am going to take a step forward and make things happen.
Outstanding transformation! Clear and well presented.
Phil is an all round awesome guy! I will join his mentorship program once I’m liquid!
Hey Phil I’m little scared but I know your mentorship will help me learn and be a success. I want to learn more also
How about the board, some complexs only allow you to rent for 3 months some want 1 family to rent a minimum for 3 months, hoa fee vary extensively,taxes ,roof repairs or restoration additional cost ,extra cost for adding sand to beach due to erosion,lots of thing to consider,on that property you have if you can make 200 grand id take it!
Obviously, I did intense research on the Association before I purchased. I following my Ultimate Buyer’s Guide to Property Associations. This particular Association is incredible.
I’ll be in cloud9 to team up with your organization…God is a mysterious creator “WOW” in Jesus Christ name amen!
Great video Phil, I always learn a lot from your videos. This one is excellent with all the details of the makeover and return on investment.
Thank you
I am interested in your mentor program.
Apply here: Freedom Mentor Apprentice Application
Hi
Great vid!
Which part of FL is this Condo located?
Volusia County
I’m considering a mentor program and would like more information
Go here: Detailed Explanation of the Freedom Mentor Apprentice Program