If you watch television home improvement shows, you’ve absolutely seen shows about rehabbing homes. When you buy Orlando real estate that needs repairs, you can get it for a great price and build prompt equity once the work is complete. Whether you resolve to live within the rehabbed home or sell it, you’ve got a great deal.

Right here are the first five guidelines for rehabbing Orlando real estate:

Be realistic. Many buyers underestimate the quantity of time and money it would take to rehab a home. Round your anticipated prices up to the nearest $5000. Set aside a part of your budget for problems that will come up throughout the rehab. You never know when a wall is hiding a structural defect that you will have to repair. Hold your timeline flexible.