I’m getting ready to turn this pink room into something a little more suitable for my little boy. So I’m going to give away the reclaimed headboard and two side tables/dressers to any of my local friends that can come and pick these up.

Leave a comment on this post proclaiming “I NEED!”  Because…

Queen size bed shown above, King size fits as seen here.

Investing in a rehab home is an income producing opportunity I pursue in my free time.  It can be a tough job; if you’re interested in learning first you need to understand one question “What makes a good real estate investment?”

The answer isn’t necessarily simple – buy low and sell high.  It’s a simple answer, if you can do this it’s an investment.

Determining what makes a good real estate investment are the factors that allow you to by the home at a lower price and then sell it at a higher price.

One of the best factors in allowing you to buy a home at a lower price is a bad economy.  We’re witnessing this today as people are facing foreclosures and selling their homes as a short sale.

A second factor is condition of the property.  If the home needs a new roof, plumbing, electric, paint, carpet, updated kitchens and bathrooms it’s very possible these items are unattractive and can drive the price of the property down.

Remember though, in order to realize a profit you need to sell it at a high price than your investment.

I usually choose to rehab a home by putting in money through new paint, carpet, and landscaping.  These help me create value in the home many times over the cost of painting, carpeting, or landscaping.  I also suggest working with an agent familiar with proper staging to make your home the most attractive to buyers.

In a real estate market up or down, investing is an exciting and profitable venture if done correctly.  Remember buy low and sell high.