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Updated over 10 years ago on . Most recent reply

Bryan N.'s profile image
Bryan N.'s profile image
Bryan N.
  • Investor
  • from Hampton Roads, Virginia
  • Member since Jun 13, 2014
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Bryan N.'s profile image
Bryan N.'s profile image
Bryan N.
  • Investor
  • from Hampton Roads, Virginia
  • Member since Jun 13, 2014
Connect
Bryan N.
  • Investor
  • Hampton Roads, VA
417
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1,117
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Rehabbing & House Flipping

Rental rehab costs

Bryan N.
  • Investor
  • Hampton Roads, VA
Posted

When purchasing a property that needs some rehabbing (not a gut job), is there a percentage people use for overages?  So, if it needs roof, flooring, paint, etc and contractors total quotes come to $10K for easy math.  Would someone assign a 10% or 20% overage to be safe?

Thanks 

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