Renovations With The Highest Return (Methodology)

Let's get right to it! This week, we'll be revisiting a topic we previously discussed in Episode 16 "What To Fix In Your Foreclosure," as we take another look at home renovations in your foreclosure deals. When our team at Colorado Foreclosure Deals start renovations on a new property, they tackle any major issues they might find while sticking to a simple formula of updating flooring, paint, appliances, and addressing any cosmetic deficiencies. We've found these updates usually go a long way in raising the overall value of a previously under-market property. However, as savvy investors, you should always be looking for ways to streamline your rehab while you maximize the return on the work you put into the home.

Today's episode goes into detail about the repairs and renovations investors agree will afford you the most substantial increases in listing price while helping you avoid the pitfalls of over-fixing a home or investing time in projects that don't usually yield a higher probability of a sale. The deals are still out there; make the most of your new foreclosure projects by learning efficient ways to turn that fixer-upper into the dream home at the end of the buyers' search!

Here's a link to the article Donny mentioned in today's episode:
"These Home Renovations Provide The Biggest Returns"