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Updated almost 2 years ago on . Most recent reply

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Mary Peacock
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Unexpected rehab costs

Mary Peacock
Posted

Hello,

My husband and I are within a week of closing our first investment property outside of Savannah with great lakefront views. We are planning use it as a STVR. We knew that there was going to be some rehab needed, but when we had a contractor come out to give us an estimate it was substantially more than we were planning. The numbers still make sense to do a STVR, but we need to find more money for the rehab. Any suggestions to find about $55,000? 

Thank you!

Mary Peacock

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Luke Carl
Pro Member
#3 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
5,684
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Luke Carl
Pro Member
#3 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
Replied
My entire life is unexpected rehab costs. Feel your pain.

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