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Updated 9 months ago on . Most recent reply

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2
Posts
1
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Nate Wright
  • Rental Property Investor
  • Mebane, NC
1
Votes |
2
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demo cost estimate - sixplex

Nate Wright
  • Rental Property Investor
  • Mebane, NC
Posted

Doing projections for a reno.  
6 unit multifamily that we need to take back to the studs.  Ceilings need to go too, but floors are fine except for a few problem spots. 
5,000 sq ft.  6 kitchens, 6 baths, and about 35 total rooms, closets, hallways, etc.  Mostly drywall, but also lots of plaster & lathe. 
How on earth do I estimate how much this might be?  Do I get a demo guy to come quote it?  My other deals never needed this sort of demo.
My shot in the dark is $30k.  Should I be closer to 50?

Most Popular Reply

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5,046
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Scott Mac
  • Austin, TX
5,095
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Scott Mac
  • Austin, TX
Replied

Being mindful of lead and also asbestos. 

These things need to be handled correctly.

Your quotes should address these issues if they are present.

Good Luck!

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