Its that time of the year again, I’m working long hours fixing up my houses. If you’ve read my “about me” page which I’ve so carefully crafted for my readers on this blog, you’d know by now that I’m an REM (Real Estate Manager). I work and collaborate with Real Estate Investors (REI) here in Sacramento, CA. Basically the REI’s buy the homes and I fix them up, maintain them, and fill them up with tenants, or help find buyers for them. If you still don’t know what I’m talkin about then click on this link – About Joe – to find out a little about who I am and what I do. And for the rest of you, keep reading.
For those of you that are homeowners, you know what I’m talking about when I say that a newly bought house doesn’t really feel like its yours until you start moving stuff around and customizing things. Home improvement is actually my favorite job duty as a real estate manager. It gives me the freedom to customize and improve the homes to my liking, and of coarse, to the demands of potential homeowners. Usually I’ll start with the most basic stuff like fixing doors and windows and making sure all the faucets work. Then I’ll move on to floors and then the big stuff like the roof, which is sometimes the most important thing to fix. The real estate market in Sacramento is looking pretty good this year. I’m forecasting that I’ll close some deals this year. Usually around this time, I make lots of trips to Home Depot and Lowes.
First off, I want to prioritize by necessity. I want to tackle the most serious jobs first and then move on to the minor stuff. So when fixing up a home, the first thing I usually check the roof to see if it needs any repairs. After that I’ll check landscape around the house to see what needs to be replaced or maintained regularly. The trees, bushes, lawn, and whatever else surrounds the house. Once you’ve got these basic things checked off your list, I’d move onto calculating on costs to hire a pro to fix it all for me.