Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
California Real Estate Q&A Discussion Forum
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 7 years ago on . Most recent reply

User Stats

50
Posts
11
Votes
Jonathan Tang
  • Flipper/Rehabber
  • Daly City, Ca
11
Votes |
50
Posts

How much is a full demo and reuild in bay area?

Jonathan Tang
  • Flipper/Rehabber
  • Daly City, Ca
Posted

Hello BP,

Just asking for some advice. I have a seller who Is wanting to sell 5 properties as a bundle. This five properties are all right next to each other and makes an "L" shape. What makes the deal a little more complex is that 2 properties are SFH, 1 property is a commercial building, 1 property is a MFH, last one is a vacant lot. 4 properties are in a row and the last one is on the other side of the street (L) shape. How would I go about structuring this deal? also if I get all 5 properties under contract how much of a discount is reasonable? 5%? The condition of these properties are not good at all... 1 needs to be demo basically 1 needs a full rehab 1 is a vacant lot and the other 2 are 4/10 condition.

How much do you guys think a full demo and rebuild would cost? Also building a property on the vacant land. Also if you guys can give me an estimate of how much $ per sq ft I would really appreciate it!!!

Thanks guys!

Loading replies...