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Updated about 17 years ago,
Total Rehab Estimates?
There is a road in my area that has a great rental market. On this same road there is also a big warehouse that is priced well below market value. If we decide to try and convert this into a business office, how would we \ estimate our rehab expenses? Is there a rule of thumb like the 50% rule to estimate this expense without having to drag people out with us everytime we would like to check a property out?