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Updated almost 5 years ago,
Renovation Cost Estimate Advice
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!