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Updated over 5 years ago,

User Stats

30
Posts
11
Votes
Sheldon Vic
  • New to Real Estate
  • Eugene, OR
11
Votes |
30
Posts

Conservative Rehab Estimations (**Contractor/Handyman***)

Sheldon Vic
  • New to Real Estate
  • Eugene, OR
Posted

Hello BP community,

So we have just gone into escrow for our first primary residence, that we intend to turn into a rental (once we move out-of-state). I would appreciate an experienced persons input on estimating cost and timeline based on the associated pictures (conservative numbers to account for contingency), and person best suited for this job (GC, handyman, hands+youtube, etc).

Currently the unit is tenant occupied, but they have taken good care of the unit (had carpet on the flooring); walls were maintained well etc), so will need minimal rehab. Primarily trying to get some forced appreciation with a kitchen remodel (cabinets & appliances), and changing out the bathroom countertops/vanity. Aside from this we plan on installing ductless AC. I would consider doing as much work myself (to save on cost), and might consider painting (but don't think its necessary). I believe making these changes would make this a competitive rental unit for the future.

Any and all feedback is appreciated. Thanks everyone! :) 

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