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Updated about 7 years ago on . Most recent reply

User Stats

63
Posts
43
Votes
Thomas Shaw
  • Texas City, TX
43
Votes |
63
Posts

Galveston County Rehab

Thomas Shaw
  • Texas City, TX
Posted

Hey guys, I found a property that I am going to take a look at. It's pretty much gutted. Would need new everything. It's a 4/2 with 2 half baths. ~2150 sqft.

I have no idea how much this would cost to rehab. I'm looking at getting it around 50k, and the ARV should hopefully be around 140-150k. That leaves me a reasonable amount to play with for rehab. Rents should be in the neighborhood of 1300-1400 dollars.

But, this would be my first deal, and to be honest I'm pretty intimidated by the size of this project. Does anyone know of any good contractors? I'm looking for good and cheap. Time isn't an issue. Or if anyone would actually be willing to come take a look at the property and give their thoughts, that would be great too.

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