Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago,

User Stats

4
Posts
0
Votes
Nancy Y.
0
Votes |
4
Posts

Help with estimating repair cost

Nancy Y.
Posted

Hi everyone,

Super newbie here.

I'm currently under contract for my first property investment. It's a 1958 duplex. After home inspections there were alot of issues that were found! it has crawlspace issues, retaining wall issues, and roof issues with visible water stains on walls and ceilings in multiple rooms. The seller is estimating 7k to repair everything and willing to do a repair escrow of 7k. But my estimates seems to be way higher than his.  I've attached photos of the problems. What would you guys estimate repair cost to be by licenced professional? Or would you back out of deal if they are not willing to put more in repair escrow?

Any advice is appreciated! Thank you.

Loading replies...