Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago on . Most recent reply
Fully gutted 12 unit apartment- how to hirer a GC? Cost?
Fully gutted 12 unit apartment - I don’t live close by and will not be able to babysit the project. Is this an investment I should jump into? Has anyone hired a GC to do a project that you won’t be able to be there? Does anyone know how much the following work would cost?
About the property:
It is selling at $185k and after it is fully finished, it would be worth $400-500k. It is fully gutted as in no walls, heating, plumbing or electric. It’s 8k sq ft 13 bedrooms.
Most Popular Reply
Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
Pro Member
#5 Multi-Family and Apartment Investing Contributor
- Investor
- Shelton, WA
- 6,948
- Votes |
- 6,603
- Posts
Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
Pro Member
#5 Multi-Family and Apartment Investing Contributor
- Investor
- Shelton, WA
@Gina S.If you have not done this several times before with success. I would urge you to forget about it.