David G. Brown - HOW TO REDUCE YOUR RISK IN REAL ESTATE INVESTING

• Buy a new toilet seat. • Refurbish worn-looking cabinets by painting them. • Replace an old, ugly bathroom sink with a new vanity or a pedestal sink. • Repair grout in tile backsplashes, floors, and tub surrounds. Getting Furniture Some flippers have a warehouse of furniture they use for staging, but filling that warehouse can take a lot of time, money, and energy. One alternative is renting furniture, which is something even staging experts sometimes do. So, from where do you rent? • Furniture rental companies. We don’t often hear about these types of companies unless we’re looking for them. These companies normally provide the furniture, the trucks, and the manpower to get it to its destination. The only downside is that they also normally require a three- month minimum rental period. Of course, if you happen to sell your home sooner, you’re not out any extra money for returning the furniture early. • Thrift shops or antique shops. If you have any of these in your area, you might consider asking to rent larger pieces of furniture. While you won’t always be successful at this, if you find something that would fit your needs, it doesn’t hurt to ask. If you don’t want to rent furniture, some experts suggest using cardboard furniture for a comparatively lower cost. You can dress it up as standard furniture without anyone necessarily seeing the difference. In fact, a lot of this furniture is durable enough to be sat upon, so it makes for a surprisingly good stand-in.

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