Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
So then who coordinates the work to get old houses fixed up? Who organizes and provides the funding, sources contractors, makes design decisions about how to best rehabilitate a home for modern use, and holds the whole project accountable for its completion?
Across the nation and most of the rest of the world both resident owners and landlord owners will fix up properties. Unlivable properties however are primarily taken on by investors and rehab-to-rent landlords. Yes, they are making a profit out of it (most of the time), but society then receives an additional livable unit in good condition, or possibly more if it is a multifamily complex.
So then who coordinates the work to get old houses fixed up? Who organizes and provides the funding, sources contractors, makes design decisions about how to best rehabilitate a home for modern use, and holds the whole project accountable for its completion?
Across the nation and most of the rest of the world both resident owners and landlord owners will fix up properties. Unlivable properties however are primarily taken on by investors and rehab-to-rent landlords. Yes, they are making a profit out of it (most of the time), but society then receives an additional livable unit in good condition, or possibly more if it is a multifamily complex.