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Updated over 7 years ago on . Most recent reply

User Stats

3
Posts
2
Votes
Corwyn Oliver
  • Investor
  • Missouri City, TX
2
Votes |
3
Posts

multifamily rehab help needed

Corwyn Oliver
  • Investor
  • Missouri City, TX
Posted

Hi BP family.  I have a property that I'm looking to renovate and rent out as a multifamily investment property.  It is a 40+ year old commercial building that I have a couple of floorplans that I may use for the rebuild.  It is a two story building in area that, it has a good foundation and the exterior is made out of cinderblocks - EVERYTHING else will have to be redone so it is a full job.  I need you guys to weigh in two things (and anything else you think I need to know).  

1) Can you suggest a renovation contractor in the Shreveport, LA-Marshall, TX-Longview, TX area that has expertise in this type of renovation?

2) How can I determine if the property will rent well in the area?  How do I determine how many units, how many bedrooms construct?  

I'm still doing my homework but I need help so that I don't talk myself out of a potentially good investment.  Helllllllp!

Most Popular Reply

User Stats

3
Posts
2
Votes
Corwyn Oliver
  • Investor
  • Missouri City, TX
2
Votes |
3
Posts
Corwyn Oliver
  • Investor
  • Missouri City, TX
Replied

@Jeff Greenberg - Thanks, for your response.  I will reach out to him shortly.  

@James Moore - I'm looking in the Marshall, TX, Longview, TX area.  

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