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Updated almost 2 years ago on . Most recent reply
Unexpected rehab costs
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
#3 Short-Term & Vacation Rental Discussions Contributor
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#3 Short-Term & Vacation Rental Discussions Contributor
- Rental Property Investor
- Tennessee Florida
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Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Pro Member
#3 Short-Term & Vacation Rental Discussions Contributor
- Rental Property Investor
- Tennessee Florida
My entire life is unexpected rehab costs. Feel your pain.