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Updated about 3 years ago on . Most recent reply

Michael Fitzgibbon's profile image
Michael Fitzgibbon's profile image
Michael Fitzgibbon
  • Rental Property Investor
  • from St. Louis, MO
  • Member since May 29, 2021
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Michael Fitzgibbon's profile image
Michael Fitzgibbon's profile image
Michael Fitzgibbon
  • Rental Property Investor
  • from St. Louis, MO
  • Member since May 29, 2021
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Michael Fitzgibbon
  • Rental Property Investor
  • St. Louis, MO
11
Votes |
8
Posts
Land & New Construction

How much should I budget for total gut rehab?

Michael Fitzgibbon
  • Rental Property Investor
  • St. Louis, MO
Posted

Is $85k too much or too little to budget for a complete gut rehab for a $969 square foot, 1 story, signal family in St. Louis area? Roof, foundation, and all brick are good structure good. However, pretty much everything else needs renovation or completely replaced. Removed all interior studs and reframing out two bedroom/two bath. Needs new electric, plumbing, HVAC, and windows.

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Zachary Inman's profile image
Zachary Inman's profile image
Zachary Inman
  • Specialist
  • from Indianapolis, IN
  • Member since Sep 29, 2021
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Zachary Inman's profile image
Zachary Inman's profile image
Zachary Inman
  • Specialist
  • from Indianapolis, IN
  • Member since Sep 29, 2021
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Zachary Inman
  • Specialist
  • Indianapolis, IN
282
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Zachary Inman
  • Specialist
  • Indianapolis, IN
Replied

Take whatever you have... and add 10k haha. There are always latent issues. 

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