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Updated almost 15 years ago,

User Stats

117
Posts
32
Votes
Carlton Ellis
  • Real Estate Consultant
  • Lansing, MI
32
Votes |
117
Posts

Rehabbers Let's Talk Repairs

Carlton Ellis
  • Real Estate Consultant
  • Lansing, MI
Posted

The current economic downturn and real estate market offer a great opportunity for rehabbers to make serious money. IF they make the right choice when buying property. My questions are these for experienced rehabbers:

What is the biggers rehab you've done on a property in terms of cost and extent of repairs?

What the single biggest repair expense you've seen on a rehab? Is this particular expense a recurring theme in your rehab purchases?

What is the largest expense you've incurred on a roofing job?

What was the largest expense you've incurred on an electrical job?

What is the largest expense you've incurred on a plumbing job?

If you have done a total rehab i.e. floors, roof, electric, plumbing, structure, masonary, appliance etc. how much did it run you.

If you can also indicate the type of property i.e a SFR with the number of bedrooms and baths or a multi-family rental with the number of units it would be great. I'm just trying to get an ideal of the repair side of rehabbing. After all more often than not it is what makes or breaks a rehab deal in terms of profitability.

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