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Updated about 3 years ago on . Most recent reply

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Omar Diaz
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New Roof on Rehab value?

Omar Diaz
Posted

Will installing a new roof give Lots more value when flipping a home? Im very new so apologies if it’s a silly question. Thank you . P.s. Im In Chicago suburbs, idk if that matters.

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Jonathan Klemm
  • Contractor
  • Chicago, IL
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Jonathan Klemm
  • Contractor
  • Chicago, IL
ModeratorReplied

@Omar Diaz - No question is silly if you don't know the answer.

Just curious which Chicago Suburb?  

The easy answer is it depends.  But most likely it won't add much value unless the roof is just in horrible condition and needs to be replaced.....because more than likely that would come up on the inspection and they'd want some type of credit.

If you have a deal in mind I am always open to partnering with newer investors.  Feel free to reach out.

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