Showing posts from August, 2020

Hidden Remodeling Cost

By: Greg McKinney Mineola TX When I first started investing in real estate almost 30 years ago, I was shocked at all of the costs that were associated with purchasing and selling real estate. If you are just getting started investing in real estate and you intend to purchase your first investment property for a rental or to flip, there are many costs people tend to forget when starting a home remodeling project. I'm Greg McKinney from Mineola TX and I have been remodeling houses in East Texas for almost 30 years and one of the big costs people tend to overlook are  closing costs . I'm not referring to just closing costs when you purchase a piece of property but also closing costs when you sell the property. Depending on the purchase price and resale price of the home can add up to thousands of dollars. If you use a realtor to resell the property for you the cost can go up significantly. Before purchasing a piece of property, investors should do their due diligence and speak wit