Is Buying a Fixer Upper Home for Rental Income Worth It?

Buying a rental property is a creative way to bring in extra money but finding a rental home can be a difficult task in itself. Buying a fixer upper and trusting the experts to customize it to your exact needs and budget is the best way to go about it, and Renovation Realty is just a renovation away.

The fixer uppers that will produce the most cash flow in a rental income are those in the best location. Buying the ugly duckling in a nice neighborhood means less competition, so you will get the home at a better price. Once this rehab-ready home is found, our designers can work with you to find the finishes that renters are looking for.

Not only is buying a fixer upper for rental income a great investment, fixer uppers can also be purchased to flip. Even if you don’t have any experience with rental properties or flipping homes, our expert contractors can guide you through making home improvements that will pay off in the long-run.

During times where the real estate market is experiencing a boom, a rental property will especially pay off. However, the first step in investing in a home for rental income is finding the right home. Renovation Realty will do the searching for you, finding a hidden gem in a great neighborhood that will allow for a better return on your investment. We will then design it and build it all within the timeframe and budget we agree upon from the start.

 

Our qualified professional remodeling team can assist you in creating the home of your dreams on the north shore of Nassau county, Long Island. We are your local realtor, designer and contractor of choice in towns like Oyster Bay, Manhasset, Plainview, Jericho, etc. For more information on our Long Island-based remodeling contractors, book an appointment today!

The Clear Advantage

Finding, Designing, and Building
your forever home is a daunting and overwhelming task, involving dozens of professions and services.

By working with ONE TEAM of professionals we are able to simplify, steamline, and provide creative solutions from beginning to end.