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Updated almost 5 years ago,

User Stats

9
Posts
1
Votes
Will Wilson
  • Investor
  • Buffalo, NY
1
Votes |
9
Posts

Renovation Cost Estimate Advice

Will Wilson
  • Investor
  • Buffalo, NY
Posted

Hey BP family! 

I'm looking at doing my first house hack and super excited about breaking in to real estate on the residential side. My goal is to buy a duplex with an FHA loan and rent out the other unit. I'm going to be looking to do some minor updates to the unit I will be living in along with potentially a few of the same in the other unit to increase the homes value. The updates I will be looking to complete are:

- Installing efficient and cost effective flooring throughout (1,200 square feet)

- Removing bathtub with stand up shower/subway tile and new toilet 

- Adding additional storage in bathroom

There are probably a TON of things I am not accounting for as this will be my first time ever taking on a task like this. I do have a good network of people here I will be contracting the work out to but anything I can do on my own to cut cost I am more then happy to do. My question to everyone out there who has experience doing this is what price range am I looking at to make these updates? What can I do on my end to help be cost efficient? 

Here are the pictures of the units living room and bathroom that will be updated. I appreciate any advice!