The DealMachine Real Estate Investing Podcast

512: Renovation Mistakes That Kill Your Profit (Rehab Tips)

Episode Summary

Renovation mistakes—not the deal itself—are often what kill your profit, and this episode breaks down how smart investors avoid them.

Episode Notes

David and Ryan sit down with Or Agassi to break down the renovation decisions that can make or break your deals. They cover how over-renovating eats into your margins, why understanding your buyer matters more than picking high-end finishes, and how to build a repeatable process that keeps your costs under control. Through real-world examples, they show how small decisions during a rehab can be the difference between a profitable deal and one that falls apart.

 

KEY TALKING POINTS:

0:00 - Intro

0:23 - An Overview Of Or Agassi’s Business

2:11 - How He Got Started

4:57 - The Tangible Aspect Of Real Estate

6:05 - Finding His First Deal & Good Processes

9:00 - Estimating Rehab Costs

13:25 - Finding Good Contractors

21:15 - Why He Switched To Wholesaling

23:16 - Having Templates For Your Flips

27:06 - What Kai.pro Does

30:21 - Other Renovation Tips

35:39 - Why He Started Kai

37:59 - Closing Thoughts

38:33 - Outro

 

LINKS:

LinkedIn: Or Agassi

https://www.linkedin.com/in/or-agassi-06670035/

 

Website: Kai.pro

https://kai.pro/

 

Instagram: David Lecko

https://www.instagram.com/dlecko

 

Website: DealMachine

https://www.dealmachine.com/pod

 

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

 

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/