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Updated about 6 years ago on . Most recent reply

Jonathan Satizabal's profile image
Jonathan Satizabal's profile image
Jonathan Satizabal
  • Investor
  • from Chicago, IL
  • Member since Apr 24, 2016
  • Posts 80
  • Votes 90
  • Experience 18 Yrs
  • Investments 4
Connect

User Stats

80
Posts
90
Votes
Jonathan Satizabal's profile image
Jonathan Satizabal's profile image
Jonathan Satizabal
  • Investor
  • from Chicago, IL
  • Member since Apr 24, 2016
  • Posts 80
  • Votes 90
  • Experience 18 Yrs
  • Investments 4
Connect
Jonathan Satizabal
  • Investor
  • Chicago, IL
90
Votes |
80
Posts
General Landlording & Rental Properties

Estimating Rehab Costs

Jonathan Satizabal
  • Investor
  • Chicago, IL
Posted

Just purchased a single family home as an investment property  in Chicago. I was hoping to rehab the kitchen and bathroom for 15-17k. 

The kitchen needs new cabinets paint and time floor. The bathroom is a total gut, but is very small. 

I’m getting estimates from contractors closer to 20k. This seems like a lot for just these two rooms. I’m not doing anything soecial besides granite countertops. Is this the going rate? Am I expecting too much for my money?

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