Steve looks at a property that had a $30k make ready. He is curious to see why a rental property would require so much work.
Steve talks with Katie Malfer about the details surrounding the make ready which include a long term tenant, the situation with the move out, and what all the homeowner needed to do for the property to be ready to rent.
The owner decided this would be a good time to fully renovate the property and take care of any issues that could arise in the near future.
Subscribe to the BiggerPockets Channel for the best real estate investing education online!
Become a member of the BiggerPockets community of real estate investors – https://www.biggerpockets.com