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Updated almost 5 years ago on . Most recent reply

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Mike Sigal
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Multi-Family and Apartment Investing

Evaluating update/upgrade costs on multi-family bldg

Mike Sigal
Posted

Looking at acquiring a pre-1950 5+ unit bldg in the SFBayArea. In putting together my evaluation, I have big unknowns for for required/recommended major updates (plumbing, electrical, roof, etc).

As this is my first such endeavor, I'm looking guidance on how to get a sense of this. Do you have favorite strategies around these questions? Favorite reading on this topic (BP posts, books)? Who would you ask for help? (contractor? appraiser? agent?)

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Michael Le
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Michael Le
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  • Houston, TX
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Michael Le
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Get your GC to walk the property and provide you hard quotes.

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