Numbers on property in need of full renovation

[Anthony Ocasio]

So I inquire about a lot of fixer uppers in need of full renovations. But it’s tough to run numbers since taxes increase after renovations and stuff like that I was wondering if there is an easy way to run these type of numbers

[Rick Stein]

If taxes go up even a thousand dollars a year, that should not impact your buying decision. if your profit margin is that thin, don't buy it. You always need to have enough "meat on the bone" so if things go a little sideways (they will!), you can still make money.Get a rehab estimate or two from reputable (good reviews) GCs.