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Updated over 1 year ago on . Most recent reply

User Stats

24
Posts
52
Votes
Jake Hughes
  • Rental Property Investor
  • Columbus, OH
52
Votes |
24
Posts

Renovations in Columbus OH

Jake Hughes
  • Rental Property Investor
  • Columbus, OH
Posted

How long do your renovations typically take when hiring a gc? Wrapping up renovations on one side of my first duplex and I closed in July. Flooring, Drywall, refinish basement, roof, gutters, tuck point around house, and one full bathroom gut all had to be completed. Any tips and recommendations are appreciated. Thanks.

  • Jake Hughes
  • [email protected]
  • Most Popular Reply

    User Stats

    464
    Posts
    425
    Votes
    Zachary Deal
    #4 Medium-Term Rentals Contributor
    • Lender
    425
    Votes |
    464
    Posts
    Zachary Deal
    #4 Medium-Term Rentals Contributor
    • Lender
    Replied

    As others have mentioned 2 -3 months would be the typical time frame for what you mentioned. Ideally completing light renovations like this shouldn't take long and you should  have a low holding cost on the hard money loan (if you used debt) and make a higher profit on the sale or have more flexibility on the payoff when you refinance 

  • Zachary Deal
  • [email protected]
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