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Updated over 12 years ago on . Most recent reply

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Shannon X.
  • Real Estate Investor
  • Center Moriches, NY
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163
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How much on average do you spend?

Shannon X.
  • Real Estate Investor
  • Center Moriches, NY
Posted

I'm curious as to how much on average do you spend on a rehab; Not including holding costs and other fees, just the fixing and labor it self.

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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
Replied

Might provide some interesting data, let me help you out....:)

What have you averaged or where do you expect to be with rehab costs?

A. 0-5 K
B, 5-10K
C. 10-20K
D. 20-30K
E. 30-50K
F. More than 50K

Along with the price range of the property.

Otherwise some wise guy like J. Scott or myself will simply say $22,864.59! What would that tell you? :)

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