Investing in real estate and adding value to purchased properties
Our objective is to invest in properties that need work, fix/clean them up, and look for ways to add value. We plan to learn as much as possible through time spent working on homes, with the goal of continually increasing our ability to bring value to communities. In addition to these goals, we are sharing our progress (and the details of the work) with the hope of inspiring others. Below are the current properties in-progress or complete
Property #1 - Window Boxes
This was our 1st property. It was purchased as a personal residence and we lived in it for two years while fixing it up. Current Status: Rented rental property
Property #2 - Flooring
This was our 2nd property and again, it was purchased as a personal residence.
Current Status: Priority work in progress
Property #3 - Fencing
The 3rd property was purchased as a personal residence as well.
Current Status: Work in progress
Project Goals
For each topic/project above I intend to meet the conditions of each goal and attribute listed.
Niche Market
Define and focus on a niche market
Define Customer
Stay hyper focused on the customer
Purple Cow
Product is unique/remarkable
Scale
Ensure the idea can scale
Automated
Must not be tied to your time
Value
Product must provide real value to customers